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Showing 41 - 50 of 4314 results for %22US dollar%22

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... ASIC for 13 of these companies showed that they were unable to pay their unsecured creditors more than 50 cents on the dollar. The corporate regulator determined that Atkins, previously an authorised representative of Australian financial services licensee ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
The Securities and Exchange Commission (SEC) has charged Kraken Crypto Exchange for operating its trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. According to the SEC, Kraken has made hundreds of millions ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
It may be tougher for wholesale investors looking to the Australian Financial Complaints Authority to help resolve a dispute as the authority tightens its rules on how it assesses their complaints. AFCA will shortly update its operational guidelines ...

CQS sold to Manulife Investment Management

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
Australian billionaire Michael Hintze has divested a significant portion of his multi-billion-dollar asset management firm to Canadian giant Manulife Investment Management. Under the acquisition, expected to close in early 2024, Manulife will own London-based ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

VanEck launches AUD-hedged equity ETFs

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... international markets, currency hedging is becoming increasingly important, particularly as changes in the value of the Australian dollar can materially impact investment returns. "These new funds will provide investors with the opportunity to target ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
The Future Fund holds stakes in over 50 Chinese companies with links to human rights abuses and national security threats, associated with the People's Liberation Army, involved in the oppression of Uyghurs in Xinjiang, and invested in sanctioned ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
Mirova, an affiliate of Natixis Investment Managers, aims to secure support from super funds, potentially reaching billions, to launch its sixth strategy focused on energy transition infrastructure. The global asset manager intends to raise approximately ...

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... infrastructure pipeline as part of its plan to regenerate the economy. Following Labor's review of its multibillion-dollar Infrastructure Investment Program, led by the minister for infrastructure, transport, regional development, and local government ...

Hollywood strike plays havoc with film fund

CASSANDRA BALDINI  |  FRIDAY, 3 NOV 2023
The AEP Screen Fund has not been able to raise a single dollar due to the ongoing strike action in Hollywood, but GSFM chief executive Damien McIntyre is confident the money will pour in once a deal between actors and production companies is signed. ...