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Showing 581 - 590 of 9943 results for "Stock"

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... his father-in-law Scott A. Miller raised funds from more than 1000 investors across the US by selling promissory notes, stock, and fraudulent gold contracts through their four companies. The SEC alleged that when soliciting investors, many of which were ...

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... offering GAM shareholders 9.4 million new ordinary shares in Liontrust in which they will be allocated about 12.6%. London Stock Exchange-listed Liontrust said the acquisition broadens its range and asset classes, including in fixed income, thematic ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... product issuers interact with their distributors to ensure they are not straying beyond their target market. It will also take stock of how issuers monitor product governance arrangements and review data to ensure retail investors are receiving suitable ...

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... stocks. The court heard Govinda also illegally disseminated information about his "wash trades" and "dummy bids" on popular stock chat forum HotCopper, which it found was in breach of the Corporations Act. "Govinda used a social media forum as an integral ...

Wingate launches third credit fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... facility with Goldman Sachs specifically for private construction debt. The latest deal complements the Wingate residual stock warehouse facility, provided by Goldman Sachs in March 2022, Wingate property joint managing director Nick Jacobsen said.

Global investors look to strike gold: Study

CHLOE WALKER  |  FRIDAY, 28 APR 2023
As the price of metal goes up, professional investors around the world are set to boost allocations to gold and gold miners, according to new research by mining company Tresor Gold. The research collated in April surveyed investors responsible for $307.5 ...

Future Fund revisits actively managed equity investments

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... the Future Fund distanced itself from actively managed equity strategies, as macroeconomic factors dominated individual stock picking. He explained that economies are diverging, and companies can now better differentiate themselves in a challenging environment. ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
The federal government consulting on the experience pathway has been recognised as a much-needed development for financial advisers who wish to continue working with clients beyond 2026. The Financial Advice Association Australia (FAAA) welcomed the ...

Purpose of pause to gather more data: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... near-term projections for population growth which it found could put significant pressure on Australia's existing capital stock. The other was the increased risk of larger wage increases in parts of the economy, including in the public sector, later ...