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Showing 591 - 600 of 18726 results for "Act"

Shield proposes to liquidate equities to pay investors

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
The Shield Master Fund (SMF) is expected to make a distribution to victims by selling a large portion of its listed equities portfolio, according to liquidators Alvarez & Marsal. Keystone Asset Management, which is the responsible entity for the Shield ...

Life insurers to up external fund manager mandates: Survey

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
A large proportion of investment teams within life insurance firms say they will increase their reliance on external fund managers over the next five years, a new survey finds. Funds management technology platform Clearwater Analytics canvassed 150 ...

ASIC strengthens codes of conduct guidance

KARREN VERGARA  |  WEDNESDAY, 3 DEC 2025
... that is not approved by ASIC; voluntary codes developed by an industry and approved by ASIC under s1101A of the Corporations Act 2001 ; or mandatory codes that are prescribed by the government. Separately, ASIC recently called for feedback on its proposed ...

First Sentier adds second active ETF

MATTHEW WAI  |  WEDNESDAY, 3 DEC 2025
First Sentier Investors is listing its second ETF on the Australian Securities Exchange (ASX), leveraging its ex-20 Australian share strategy. The First Sentier ex-20 Australian Share Fund Active ETF (ASX: XX20) provides investors long-term returns ...

Zagga raises $65m for Sydney real estate development

RIDDHIMA TALWANI  |  TUESDAY, 2 DEC 2025
Zagga, a real estate private credit investment manager, has secured $65 million through an oversubscribed corporate note arranged by FIIG Securities. Zagga will allocate the funds to mid-market residential development projects along Australia's ...

Royal London AM launches four new funds locally

ELIZA BAVIN  |  TUESDAY, 2 DEC 2025
Royal London Asset Management has announced the launch of four new funds for Australian investors, with Equity Trustees as responsible entity. Royal London Asset Management manages $378 billion for clients in the UK and select international locations ...

CEFC invests $35m in Starling Energy

ELIZA BAVIN  |  TUESDAY, 2 DEC 2025
The Clean Energy Finance Corporation (CEFC) is investing $35 million through the CEFC Household Energy Upgrades Fund (HEUF) in Starling Energy Group, which operates via its retail brand Plico. CEFC said the investment will help reduce household energy ...

Former ASIC supervisor joins crypto platform as operating chief

MATTHEW WAI  |  MONDAY, 1 DEC 2025
... required to apply for an AFSL. ASIC has granted a sector-wide no-action position until 30 June 2026 but urged those entities to act promptly to avoid any compliance failure after the deadline. Commenting on Judd's appointment, Coinbase Australia director ...

Capital Haus acquires Adelaide advice firm, FUM to exceed $1bn

MATTHEW WAI  |  MONDAY, 1 DEC 2025
Capital Haus has acquired Adelaide's advice business Baker Young, with the firm to retain its brand and staff. Baker Young founders Alan Young and David Baker will remain in active advisory roles, as Capital Haus will also move its existing client to ...

Financially savvy Australians can add $1.2tn to wealth: Research

RIDDHIMA TALWANI  |  FRIDAY, 28 NOV 2025
New research has found that if all Australians were to reach a level of advanced financial capability, it could uplift aggregate household wealth by $1.2 trillion, equal to $122,950 per household. The Big Lift report by Deloitte in collaboration with ...