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Showing 781 - 790 of 2080 results for "Australian Securities"

Performance fees boost K2 profits in 2013

MARK SMITH  |  MONDAY, 19 AUG 2013
... 30 June 2013, after strong investment performance triggered performance fees. In an announcement on the Australian Securities Exchange (ASX), the fund manager said total revenue for the period stood at $36.4 million with $24.3 million coming from performance ...

Queensland adviser permanently banned

MARK SMITH  |  FRIDAY, 16 AUG 2013
A former Queensland financial adviser has been permanently banned by the Australian Securities and Investments Commission (ASIC) after an investigation found he provided inappropriate and unreasonable advice. ASIC's investigation found that between ...

ANZ profit, wealth FUM up despite insurance concerns

MARK SMITH  |  FRIDAY, 16 AUG 2013
... division have helped the bank post a solid profit in its latest nine-month report. In a statement on the Australian Securities Exchange (ASX), the bank announced an unaudited 7% rise in net profit to $4.7 billion for the nine months to 30 June. ANZ chief ...

Platinum reports stellar result

MARK SMITH  |  THURSDAY, 15 AUG 2013
... plus dividends paid was 52.33% for the period, according to a preliminary final report announcement on the Australian Securities Exchange (ASX). The strong performance contributed to the group's fiver-year performance figures of 10.4% versus 3.3% from ...

Study shows dark pools benefit markets at low volumes

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
... volatility and increased depth and traded volume. The research coincides with a recent announcement from the Australian Securities and Investments Commission (ASIC) that dark pools and high frequency traders would be subject to more stringent market ...

Unclaimed life insurance up by $28 million

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
... life insurance has increased by $28 million during the last year, according to the latest report by the Australian Securities and Investments Commission (ASIC). The figure for unclaimed life insurance on July 1, 2013, was approximately $80.1 million ...

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
Dark liquidity and high frequency trading (HFT) will be subject to new regulation after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve ...

Fairfax to sell InvestSMART to listed fund manager

ALICE URIBE  |  TUESDAY, 13 AUG 2013
... portal InvestSMART from Fairfax Media (Fairfax) for a cash consideration of $7 million. A statement on the Australian Securities Exchange (ASX) said that the transaction was dependent on a capital raising by AWK. If the transaction is not completed AWK ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
The Federal Court's decision to approve the appeal by the Australian Securities and Investments Commission (ASIC) on the settlement between Macquarie Bank and the victims of Storm Financial is "a serious blow to direct consumer action," the litigator ...

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
... LM-appointed liquidators, John Park and Ginette Muller of FTI Consulting, had previously resisted attempts by the Australian Securities and Investments Commission (ASIC) to remove them from responsibility for FMIF. ASIC said it was concerned that Park ...