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Showing 7081 - 7090 of 22800 results for "Funds"

Frozen fund pays investors

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... advisers and by February 2008 it had amassed assets worth $700 million. It invested its pool of money in debt assets, extending funds to borrowers under the security of first registered mortgages. When the GFC hit, the borrowers started defaulting on ...

Trustee firm launches admin platform

JAMIE WILLIAMSON  |  TUESDAY, 29 OCT 2019
... shifting investor demands and market opportunities, the Australian fund market has evolved beyond large, pooled asset, vanilla funds," he said. "Sophisticated and high net worth investors, for example, are driving capital solutions in alternative assets ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... while Westpac-related companies' cross-appeal will be dismissed. "Westpac's attempts to have customers transfer funds from their external accounts with other superannuation funds into their BT accounts were carefully calculated to bring about ...

Powerwrap appoints director

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
... year the firm posted a strong first result as a listed company, with revenues outstripping its prospectus forecast, and funds under administration around $600 million better than the prospectus expectations. Powerwrap chief executive Will Davidson said ...

Industry fund awards admin mandate

HARRISON WORLEY  |  MONDAY, 28 OCT 2019
... super fund, which will help to deliver savings and sustainable efficiencies. According to IRESS, its service will provide funds with a core transactional and record-keeping platform, and real-time access to transaction and date for fund stakeholders ...

ASIC bans former Fitzpatricks employee

ELIZA BAVIN  |  MONDAY, 28 OCT 2019
... security token and a second banking token that did not belong to her to transfer close to $300,000 of client and corporate funds into her personal accounts. "The fraudulent transactions affected client and company accounts of Fitzpatricks Private Wealth ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... implementation of the extra conditions. ASIC is serious about improving the quality of governance and conflicts management across the funds management sector and ensuring that investors' best interests are the highest priority of fund managers," ...

Colonial First State launches new fund

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... launched a long-term global growth fund last year. Vanguard, which recently kicked off a range of actively-managed unlisted funds in Australia, also picked Baille Gifford for one of its funds, the Vanguard Active Global Growth Fund.

NAB fixed income sales director moves to BOC

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... work with investors to deepen the relationships we have with customers." Bank of China deals with Australian superannuation funds and corporates, primarily in originating and selling senior debt for companies including financials. "We believe there are ...

US real estate manager eyes Australia

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... American fund manager investing in residential real estate teamed up with a local distributor to attract superannuation funds and other institutional investors. San Francisco's Unison Investment Management co-invests in residential real estate in ...