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Showing 781 - 790 of 9032 results for "Companies"

Former director disqualified for breaching obligations

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
Having been involved in three failed companies, ASIC has disqualified a former financial services industry director for five years. Christian Oey was the director of two financial services companies between May 1999 and November 2018, Clickthru and ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... effective and efficient agency. It said the government should "strongly consider" splitting its functions between a companies regulator and a separate financial conduct regulator. "Following the Royal Commission, the Australian government increased ASIC's ...

Aware Super delivers 11.02% to default members

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... option is invested in the likes of Canva and Guzman y Gomez, as well as data centre operators and energy transition companies. Aware's High Growth Indexed option, launched last year, also performed well. It delivered 14.62% for the financial year. Meantime ...

Federation AM invests in Astris Advisory

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... 2018 to set off on their own. Brownjohn launched Federation with a $500 million raise for the first fund, targeting companies that operate in renewable energy, health, education, and real estate. It currently has $2 billion in funds under management ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
... in Anchorage acquiring GBST in 2021 from FNZ Group. Advent has $94 billion in assets under management, investing in companies that operate in sectors that include financial services, healthcare, industrial, retail, and technology. Advent is already familiar ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... our expectations that core inflation would be sticky and cash rates would be higher for longer," Lill said. However, companies with strong balance sheets, higher profitability, and strong earnings have achieved considerable gains, he said. He said Rest's ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... developments." At the time of the breach, about 1.5 million developers used the platform in Australia, with about 83,000 companies on its books.

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... voting interest. His son, Brent Jones, and his company Unrandom have over 10 million shares or 8.15%. Glennon Small Companies chair Michael Glennon owns more than eight million shares or 6.57%. The cohort also wanted to remove chief executive Garry Crole ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
The world's largest listed companies took on US$378 billion of net new debt last financial year, driving corporate debt to an unprecedented US$8.18 trillion, according to Janus Henderson's latest corporate debt index. While significant, the increase ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... to be reinvested into new co-investment opportunities. Co-investments will be into small-to-medium sized Australian companies forecast to generate strong returns alongside co-investment partners, Stafford said. "First Super is looking forward to continuing ...