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Showing 661 - 670 of 9739 results for "Major"

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... questioning who here in Parliament is prepared to fight for self-managed super fund (SMSF) owners as it would seem both major parties are more interested in their own political narrative than they are in ensuring every day and younger Australians can ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... International has differentiated itself over time through its vertically integrated platforms with significant local presence in major geographies, including Japan, Europe, and the US. It has established itself as one of the leading industrial platforms ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
... by $43.9 billion (27%) compared to the previous corresponding period. "The managed account industry sector has reached a major milestone in breaking through to over $200 billion in funds under management using managed accounts," IMAP chair Toby Potter ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
The S&P Dow Jones SPIVA Global Scorecard has revealed another tough year for active management in 2024. Initially covering just US-domiciled funds, nine regional year-end scorecards now cover active performance in funds operating in markets in Australia ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
Pride Advice has acquired two firms, flagging there is more "room for growth to come." The acquisitions of Adelaide-based Flexible Lifestyle Solutions and Serious Money have expanded Pride Advice's team from four to 11 advisers and to 30 supporting ...

Betashares launches defence ETF

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... the fund provides exposure to NATO-aligned countries. "ARMR only holds global companies headquartered in NATO member and major NATO-ally countries, such as Australia, Japan, and South Korea," he said. The MSCI World Aerospace and Defense Index, which ...

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
An overhaul of the wholesale investor test thresholds is on ice but potential major changes are still on the agenda, a parliamentary hearing confirmed this morning. Sitting on the committee, senator Paul Scarr said while there has been public debate ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... more impressively, when adding a criterion of being 20% less volatile than benchmark and generating excess return in all major drawdowns over the past decade, the US$160 billion manager's core strategies stand alone out of nearly 8000 comparable funds ...

CFMG Capital raises for $26m Brisbane project

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
... term for the project. Thomson said it will drive growing demand for vacant land located within the inner ring suburb of a major city. He also noted the new site provided a "prime opportunity" to benefit from existing market momentum, supported by the ...