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Showing 41 - 50 of 19891 results for "Business"

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... Australian fixed income, global credit, equity income, and emerging companies units will close. "We have looked across our business in Australia to ensure each of our investment capabilities has sufficient client demand to be commercially material and ...

LIT delisting simplifies Forager: CIO

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... is urging investors to vote in favour of delisting a troubled listed investment trust (LIT) in a bid to simplify the business. Chief investment officer Steve Johnson wrote to investors that if the Forager Australian Shares Fund (FOR) is delisted, the ...

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... corporate and funding purposes. The MSC Group acquired Certane CT (formerly part of the Australian Executor Trustees business) on 12 January 2024. The group now manages $30 billion under appointment on behalf of more than 250 individual corporate clients ...

JANA appoints new director of client development

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... across a wide range of asset classes and financial services solutions. Prior to this appointment, Chebli was a senior business development manager and relationships manager at APSEC Funds Management. "We are thrilled to announce the addition of Habib ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... of ensuring its recently introduced climate reporting Bill is fit purpose. I'm certain they don't want to send smaller business into unnecessary financial hardship as a result of these planned new reporting requirements." Meantime, Australian Securities ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... financial requirements upon AFS licensees to help ensure that they have sufficient financial resources to conduct their business in compliance with financial services laws," ASIC said. "The requirements provide important consumer protections in seeking ...

Finalists named in annual MAX Awards

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... will be presented to the best young sales professional working for an investment management firm in a distribution or business development role. Nominated for the inaugural award are VanEck's Angus Fowler, Millbrook Group's Beatriz Marchueta, Damien ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
Fortnum Private Wealth and its newly acquired advice business Professional Financial Services (PFS) will operate under a newly launched parent company brand, Entireti. Last November, AZ NGA-backed Fortnum and Nestworth Financial Strategists (formerly ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... been permanently banned from providing financial services or from controlling an entity carrying on a financial services business. Macquarie enabled its customers to give third parties, such as financial advisers, stockbrokers and accountants, different ...

TCorp promotes three to lead roles

ELIZABETH FRY  |  FRIDAY, 19 APR 2024
... and financial markets. "Jennifer and Yvonne's promotions also further support TCorp's growing financial market business which oversees a balance sheet of around A$172 billion," he added. TCorp has $113 billion of funds under management.