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Showing 661 - 670 of 4600 results for "RAISE"

ASIC issues stop orders on Holon funds

CASSANDRA BALDINI  |  MONDAY, 17 OCT 2022
ASIC has placed interim stop orders on Holon's unlisted Bitcoin, Ethereum, and Filecoin funds due to non-compliant target market determinations (TMDs) just months after their launch. The regulator has prevented Holon from offering or distributing them ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... initial focus of the research was on three areas of super taxation and contribution settings that might be considered ways to raise additional revenue. Measure one introduced a $5 million limit on total super balances and individuals with a total balance ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Mayfair 101's James Mawhinney has filed for special leave to appeal to the High Court, claiming ASIC being given the chance to have its case against him reheard is further denial of procedural fairness. Last month, the Full Federal Court overturned ...

Cultiv8, Fidante launch agriculture, food tech fund

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... global Agri-Food Technology companies. Fidante's parent company Challenger is the cornerstone investor in the first raise. The fund's portfolio will be jointly managed by Jonathon Quigley and Malcolm Nutt, who both have over 20 years of experience ...

ESR, GIC start sustainable venture

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
Alongside Singaporean sovereign wealth fund GIC, property giant ESR has raised $540 million for a combined anchor close of EADP II, a develop-to-core logistics fund that will further expand ESR Australia's strategy of delivering premium, sustainable ...

UBS launches philanthropic arm down under

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
The Australian expansion comes as UBS's philanthropic activities gather pace around the globe, with new initiatives in environmental, health, education and child protection issues. For more than two decades, the UBS Optimus Foundation has supported ...

Yarra Capital names portfolio manager to lead new fund

CASSANDRA BALDINI  |  THURSDAY, 6 OCT 2022
... manager Katie Hudson, microcap portfolio manager Joel Fleming and managing director Ed Eason. The closed-end vehicle seeks to raise a minimum of $100 million-plus from institutional and wholesale investors. Applications to invest in the fund will close ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
ASIC has made its third interim stop order this month on another property fund after it failed to meet target market determination (TMD) requirements. Australasian Property Investments Limited (APIL) is the most recent fund manager to be detected by ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
Financial planning technology providers have agreed with the Quality of Advice Review's (QAR) proposal to remove Statements of Advice. Advice Intelligence founder and chief executive Jacqui Henderson said QAR chair Michelle Levy makes a critical ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Understanding and fixing regulatory uncertainty and licensee caution has been a subject discussed at length within the advice community in recent years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. ...