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Showing 7261 - 7270 of 21776 results for "Dec"

Amish community scammed

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
An alleged fraudulent investment scheme has targeted the Amish community in the US, with the Securities and Exchange Commission now bringing charges. The SEC's complaint alleges Philip Riehl provided accounting services to Amish and Mennonite communities ...

Schroders to bring private equity fund to Australia

KANIKA SOOD  |  FRIDAY, 31 JAN 2020
Schroders, best recognised in Australia for its fixed income and equity strategies, is gearing up to bring a private equity fund to local investors later this year. The new fund will use a fund-of-fund structure to invest in externally-managed private ...

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
Link has entered into a binding agreement to acquire a European loan servicing, advisory and asset management business. Link Group is set to acquire 100% of Pepper European Servicing (PES) for an upfront payment of around $266 million, and a further ...

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, has urged AMP to formally commit to mediation as it moves to exit up to 250 financial planning businesses. Carnell said over 80 AMP advisers have visited her offices in the ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
"Gone Fishing!" Given "current" market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
Philip Kingston's Sargon has been forced into external administration by one if its Chinese creditors. In a statement to Financial Standard, Sargon said one of its creditors, Chinese state-owned insurance company Taiping Trustees has appointed McGrathNicol ...

Perennial adds to team

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
Multi-boutique Perennial Value Management has hired from QIC for its Queensland business, while also appointing a new head of researcher and consultant relationships. Marjon Crandall will look after Perennial's relationships with fund ratings houses ...

BlackRock shuts ASX-listed ETF

KANIKA SOOD  |  THURSDAY, 30 JAN 2020
BlackRock has informed investors of its plans to wind up an ASX-listed exchange traded fund following lacklustre demand. The iShares MSCI Taiwan ETF (ITW) started trading in Australia in November 2007 and at the end of last year had $5.65 million in ...

Bearish sentiment bites Aussie investors

ALLY SELBY  |  THURSDAY, 30 JAN 2020
Aussie investors have swapped the bull for the bear, as macroeconomic and geopolitical tensions weigh heavily on high hopes for a repeated 2019. That's according to the latest research from Investment Trends, which found that investor sentiment ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
A financial adviser who recommended his clients invest in a start-up company which crumbled a year later has been banned from the financial services industry for six years. Adelaide-based financial adviser Adrian John Cassidy has been banned from providing ...