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Showing 601 - 610 of 13965 results for "State"

Wealth groups tap operations leads

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
Viola Private Wealth and Aura Group have appointed new operating leads, while MA Asset Management's COO has headed out the door. Aura Group has named Nathan Harris as its new chief operating officer as the firm continues to expand in the private ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ...

Ascalon hires from SCM, Zenith and GQG

ELIZABETH FRY  |  MONDAY, 16 JUN 2025
... served as head of strategic accounts and IFAs at NAB Wealth and insurance lead at MLC. He also worked at Colonial First State as head of platform distribution. Hawke, who will now oversee portfolio construction, execution and client strategy, welcomed ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC is investigating Queensland financial services firm Australian Fiduciaries, which has $160 million of investor money, and seeks asset preservation orders and the appointment of receivers. ASIC believes that about 600 retail investors have invested ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has cancelled the AFSL of Financial Services Group Australia (FSGA), which has links to the Shield Master Fund and First Guardian Master Fund. FSGA's responsible manager (RM) Graham Holmes has also been permanently banned from working in the ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
ASIC has launched another inquiry into the ASX, this time focusing on its overall governance, capability, risk management frameworks and practices. The inquiry will be led by a panel that will make recommendations to address any identified shortcomings ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... information available at that time, determined to deliver the Australian market a post-trade solution that balanced innovation and state of the art technology with safety and reliability," former ASX chair Damian Roche said at the time. "However, after ...

ART farewells two more executives

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025
Australian Retirement Trust's efforts to streamline its operations and restructure its leadership have led to the departure of two more senior executives. Julie Bingham, the chief enterprise services officer, is leaving the $310 billion superannuation ...

Government to convene a productivity roundtable

ANDREW MCKEAN  |  WEDNESDAY, 11 JUN 2025
... that "this work is already underway," citing the national productivity fund, which allocates $120 million to incentivise state and territory governments to eliminate red tape and drive efficiencies in construction. He also highlighted non-compete clause ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
State Street Global Advisors (SSGA) is the largest asset management firm in Australia by locally sourced assets under management (AUM) - by some margin - though few realise. With nearly $500 billion in local assets under its watch, mostly via institutional ...