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Showing 651 - 660 of 6175 results for "Statement"

ART, Macquarie, PGGM partner on portfolio acquisition

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... supported by a $1.65 billion acquisition facility, underwritten by BNP Paribas, Citibank, MUFG Bank and Natixis. A joint statement said: "This transaction will enable the business to further expand and diversify its fleet of aircraft while improving ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... funds under management (FUM) it began the year with - it had US$91.2 billion in 2021 and US$88 billion 2022. In an ASX statement, GQG said: "Given global equity market returns, combined with overall industry net outflows in 2022, we are pleased that ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced it fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... by Vasco. Vasco Responsible Entity Services is prohibited from issuing interests in, providing a product disclosure statement, or providing general advice to retail clients about investing in the fund for 21 days. ASIC said it is concerned that certain ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
The Federal Court determined Tyson Scholz, known as ASX Wolf, was running an unlicensed financial services business for over a year, including providing courses on share trading and recommending stocks on Instagram. The court handed its decision down ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... sustained financial adviser market compression suggests this trend of SMA dominance will continue." A Rainmaker Information statement said the rapid growth of SMAs is fuelling the rise of managed accounts holistically as an investment vehicle. SMAs are ...

SS&C launches super offering, secures Mine Super mandate

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... well-established business that will continue to enable Mine Super to deliver better value and service to our members." In a statement, SS&C said Mine Super members will benefit from its investment in intelligent automation and digital technologies. It ...

BGL adds company tax return to software solution

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... automatically generated reports such as a declaration of dividends, dividends paid minute, directors' report and a dividend statement. Previously, clients would have had to manually create all the supporting documentation in MS Word or Excel. BGL ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... follow our remediation guidance to conduct a fair remediation and return money owed to customers in a timely way." ASIC's statement follows its recent joint letter with APRA, highlighting concerns over unnecessary life insurance premium increases.

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
... has been recognised as a post-tax adjustment of $147 million to the Count divestment in the first half of 2023," a CBA statement said. CBA added that it's committed to comprehensively addressing the full range of remediation issues impacting customers ...