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Showing 621 - 630 of 10858 results for "May 11"

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Healthbridge Capital investors have been locked out of their money since March amid a liquidity crunch as corporate regulator ASIC stays mum about its knowledge or investigation into the potential collapse of another managed investment scheme. A significant ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... million of investor funds is at risk. ASIC is investigating FMPE and Cotton, alleging $53 million intended for investment may "have not been used for that purpose and may be at risk." Financial Standard understands ASIC believes the funds run by FMPE ...

Funds SA pushes for efficiencies with AI targets

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager. Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within ...

Special feature: Hunting for value

LACHLAN COLQUHOUN  |  MONDAY, 18 AUG 2025
Markets have all but recovered from when 'Liberation Day' threatened a meltdown, and asset classes of all flavours are pushing to new highs. But with valuations ahead of fundamentals amid uncertainty, fixed income is in focus as investors look ...

Hostplus unveils new Lifecycle option, changes fees

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
Hostplus has renamed its Life investment option to Lifecycle and switched up the design of the option by reducing the life-stages from four to three. Under the new design, the three life-stages will be 'grow', 'maintain' and 'protect' ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

Elanor rebuffs Lederer's governance concerns

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
Elanor Investors Group has clapped back at potential acquirer Lederer Group for making "inaccurate assertions" about its governance and management capabilities. In providing an update on the proposed acquisition of its ASX-listed Elanor Commercial Property ...