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Showing 781 - 790 of 22741 results for "Funds"

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... transfers made from a bank account maintained by its previous sub-custodian relating to its bond administration and custody. The funds fraudulently transferred to the account of a former employee "are not client funds, and the company is not aware of ...

La Trobe shuts online portal access

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... investors contact La Trobe regarding their investments." Paton told investors not to be concerned, and that while no new funds can be accepted, those already invested will carry on as usual. "We take our role as responsible stewards of your capital ...

Australian Retirement Trust chief executive steps down

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... the best. "It's been an honour and a privilege to lead ART to become one of the largest retirement savings and income funds in Australia and a prominent global institutional investor. I'm very grateful to have had the opportunity to serve ART's ...

Platinum shareholders greenlight L1 Capital merger

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... performance fees earned by L1 Capital, with the exception of certain performance fees generated by L1 Capital's Long Short funds and mandates. Platinum shareholders will receive "in-perimeter performance fees" relating to the first 3.5% of absolute ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... "entirely fanciful". In addition, Hodgson and MacroLend made misleading claims that MacroLend would use substantially all the funds obtained from investors to grow Kradle Software and that the Kradle Software product would achieve a public listing on ...

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
Diversa is closing one of its superannuation funds following a rapid decline in member accounts and funds under management. The Personal Choice Private Fund is being terminated and is expected to be wound up by 30 June 2026. All member accounts must ...

National decline in retirement confidence: AMP

ANGELIQUE MINAS  |  MONDAY, 22 SEP 2025
... comfortable retirement has risen by over $13,000 in the last five years. New data from the Association of Superannuation Funds of Australia (ASFA) indicates that couples aged 65 and over need more than $75,000 to maintain their current lifestyle. The ...

MSC awarded dual mandate from newly established litigation funder

MATTHEW WAI  |  MONDAY, 22 SEP 2025
... basis to align seamlessly with our clients' brand and investor engagement strategies." MSC Group oversees $32 billion in funds under appointment, supporting over 260 corporate clients across more than 530 service appointments.

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... Australia and overseas." "This segment of the market may present as a systemic risk for small and self-managed superannuation funds and 'sophisticated' investors in a downturn," the interim report reads. "The concentration of Australia's ...

BT launches new low-cost investment menu

ANGELIQUE MINAS  |  FRIDAY, 19 SEP 2025
... simpler investment needs. This includes people beginning their wealth journey, needing assistance with their retirement funds, or navigating intergenerational wealth transfer. The partnership will enable a broad diversification across asset classes ...