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Showing 601 - 610 of 6953 results for "March"

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... July 2022, ASIC issued civil penalty proceedings against wholesale licensee Lanterne Fund Services, alleging that between March 2019 and October 2021 it failed to comply with six of the obligations of AFSL holders. ASIC's beliefs were backed by the Federal ...

Court approves wind up of Prospero Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... offences, linked to the Changjiang Currency Exchange chain. ASIC first sought orders to have Prospero Markets wound up on March 1. The first hearing was on March 20 and the matter was adjourned until April 10. In December, ASIC said Prospero was assisting ...

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... that diversification works well in up markets but can be unreliable in down markets. You only have to look back as far as March 2020 when investor panic caused risk assets to fall in a synchronised manner. This fund addresses those types of challenges ...

DWS appoints new local chief executive

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
DWS has appointed Lidia Tomova as its new chief executive in Australia, from 1 March 2024. Pending regulatory approval, Tomova will also be appointed as chair of DWS Investments Australia. She will also continue in her role as head of coverage, Australia ...

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
... Australian investors added $2.65 billion into ETFs that invest on international equity markets over the three months to 31 March 2024, according to data released by the Australian Securities Exchange (ASX) and Vanguard. The inflows into international ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... about $135 million being detracted from Regal's total funds under management, which came to $12.1 billion at the end of March, growing 10% from the end of 2023. During the first three months of 2024, Regal said positive investment performance contributed ...

Count completes Solutions Centric deal, reconsiders another

JAMIE WILLIAMSON  |  TUESDAY, 9 APR 2024
... Bentleys (WA) to Fortuna Perth for an agreed price of $1.1 million. The transaction was expected to close at the end of March. Count said it did not complete "due to non-satisfaction of the conditions precedent." The ASX-listed accounting and advice ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... Laws Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024, which was introduced in parliament on March 27, proposes to legislate trustees' ability to pay a fee from a member's super account to an adviser for personal ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
... Index over a rolling five-year period with a concentrated portfolio of ASX-listed stocks. It returned 19.76% in the year to March, beating the benchmark's 14.98%. On a five-year basis, it underperformed the benchmarks or 6.75% versus 9.52% respectively. ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... predominantly invests in Australian and New Zealand securities and up to 30% in global shares, returned 8.1% in the month of March, outpacing the index's 3.3%. Fifteen stocks contributed more than 0.4% to its returns, while one stock detracted more ...