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Showing 661 - 670 of 2208 results for "AUD"

ASIC imposes licence conditions on Poynter Hargraves

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
ASIC has hit AFSL Poynter Hargraves Financial Consultants with additional licence conditions, requiring it to remove its sole responsible manager. "This follows a targeted surveillance by ASIC that found Poynter Hargraves had poor risk controls around ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The corporate regulator has suspended the AFSL of a responsible entity that oversees a property and mortgage fund for breaching several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... during the period, Morningstar found, followed by two fixed income products - iShares JPMorgan USD Emerging Markets Bond (AUD Hedged) ETF (IHEB) and iShares Global High Yield Bond (AUD Hedged) ETF (IHHY). Each had a spread to $100K of more than 300 basis ...

Better inflows ahead for Perpetual, Pendal: MS

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... The analysts marked down PPT's price target from $42.5 per share to $39 to account for lower offshore FUM from a stronger AUD. Morgan Stanley has an overweight rating on PPT and said the valuation is 'undemanding' at about 13x FY22E P/E and the about ...

New global equities ETF to launch

KANIKA SOOD  |  TUESDAY, 2 FEB 2021
... 13.2% p.a. over five years, as at December end. This is 5.3% and 3.2% higher respectively than the MSCI ACWI ex Australia in AUD. Its biggest sector weights are to IT, healthcare and consumer staples. The ETFs fees are set at 90 bps per year. K2 Asset ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Magnolia Capital has expressed doubts about the solvency of The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency ...

Netwealth names new director

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
Netwealth has welcomed a new independent non-executive director with over 25 years' experience in finance, consulting, and asset management. Kate Temby was appointed to the board effective yesterday and brings considerable financial services experience ...

GQG sees spectacular FUM growth

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... According to Rainmaker data, GQG won three mandates from local institutional investors in the 12 months to March 2020. Its local AUD Global Equity Fund, which is managed by chair and chief investment officer Rajiv Jain and holds about 45 securities ...

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
Eildon Capital has appointed a head of distribution and investor relations in a bid to expand its funds management business. Lulu Yan will oversee the unlisted funds the firm manages. Yan came from Darland, a developer of residential property in Victoria ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...