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Showing 671 - 680 of 3078 results for "Corporation"

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
The long-awaited Corporate Collective Investment Vehicle regime draft regulation has been released, with consultation to be held until 21 January 2022. Rules for financial reporting, record-keeping, and custody of CCIV assets are some of the measures ...

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
The former chief executive of MFS Group - later known as Octaviar - has been declared bankrupt after he failed to pay a penalty to ASIC of $300,000. The Federal Court made the order against Michael Christodoulou King based on the unpaid penalty even ...

Disqualified adviser convicted of managing company

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... former ANZ and Commonwealth Bank financial adviser who defrauded clients $6 million has been convicted of managing a corporation while disqualified. Melinda Scott, who was banned from managing corporations for 25 years until 2 December 2037, set up and ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... AustralianSuper, Aware Super, BT Funds Management, CareSuper, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Energy Super, HESTA, Hostplus, Mercer, NGS, QSuper/Sunsuper, Rest, TelstraSuper, UniSuper, and Vision Super are amongst ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
The battle between Wilson Asset Management and PM Capital over a takeover bid for a LIC heats up as the Takeovers Panel weighs in. PM Capital is urging shareholders to allow its PM Capital Global Opportunities Fund (PGF) to take over the PM Capital ...

Australian Ethical takes stake in boutique

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... sequestration, he said. Sentient is led by chief executive Oliver Yates, who is the former chief of the Clean Energy Finance Corporation. He is joined by executive chair Thorburn, and directors Luke Sayers, founder of Sayers Group, and Anna Skarbek ...

Blackstone invests $925m for stake in Grosvenor Place

CHLOE WALKER  |  MONDAY, 6 DEC 2021
... Grosvenor Place initially came to market in 2020, and in November that year, Dexus announced that China Investment Corporation (CIC) had conditionally agreed to the stake. When the deal did not settle, reports began to surface in October 2021 that CIC ...

Proposed reforms could simplify advice

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation. The ALRC is proposing sweeping changes to financial services law, including changes that affect the advice industry, tabled ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... fairly. The matters will all be heard separately. The Westpac businesses involved in the proceedings are Westpac Banking Corporation; Advance Asset Management; Asgard Capital Management; BT Funds Management; BT Funds Management No. 2; BT Portfolio Services ...