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Showing 611 - 620 of 4553 results for "Holding"

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia Financial outlined a raft of changes that it says will enable ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
ASIC is suing the operator of several unregistered managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... jumped 42% to $4.95 billion in 2022, largely dictated by higher premiums. Fidelity International is benefitting from its holding in ASX-listed general insurer Suncorp, according to head of investments for Australasia Paul Taylor. "Within financial services ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... companies also commenced voluntary proceedings under Chapter 11 of the US Bankruptcy Code. FTX Trading became the ultimate holding company of FTX Australia on 23 September 2021. Before its suspension, FTX Australia's licence permitted it to deal ...

PE success all about fund selection: Rest

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... slightly offset the limitations of institutional investors," she explained. "We also expect that as exits slow down, fund holding periods and asset holding periods will be extended... providing some support for this AUM growth." Commenting on exits and ...

TelstraSuper MySuper delivers 9.34%

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
Buoyed by the local and global share markets and defying periods of volatility, TelstraSuper's MySuper Balanced option delivered 9.34% in the 2023 financial year. Chief investment officer Graeme Miller said the last financial year provides another example ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... unlock an additional £75 billion of financing for growth by 2030, finally addressing the shortage of scale up capital holding back so many of our most promising companies. "Increasing borrowing through £28 billion a year of unfunded spending commitments ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

Alium Capital enters wholesale market

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... its head of distribution. Prior to Alium, Newham served as head of distribution at hedge fund VGI partners, as well as holding senior roles at abdrn and JANA.