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Showing 781 - 790 of 4554 results for "Holding"

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... administrative processes in place to ensure they comply with their legislative obligation to prevent new beneficiaries from holding the product on and from the day the second fail notification is received." "Any contributions received from or on behalf ...

AustralianSuper expands capital markets team

ELIZABETH FRY  |  FRIDAY, 10 JUN 2022
Richard Kerr has joined AustralianSuper's growing capital markets team. The nation's biggest superannuation fund confirmed that Kerr has been appointed head of platform management to help optimise its currency and derivative implementation strategies. ...

ASIC freezes assets of unlicensed property mogul

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
The corporate regulator obtained interim orders from the Federal Court to freeze the assets of Sasha Hopkins and two of his companies, alleging he was misleading clients and running a financial service business without a licence. ASIC alleges that Hopkins ...

Magellan, Platinum dropped in S&P/ASX rebalance

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The latest changes to the S&P/ASX Indices see the removal of Magellan Financial Group and Platinum Asset Management from their respective indexes. Effective June 20, Magellan Financial Group will drop out of the ASX 100, with no stock listed as being ...

Twiggy Forrest spends $31m on Australian Agricultural Company

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... shares this year, with Forrest's Tattarang purchasing $35 million worth of Bega Cheese shares in May. The move saw AAC's holding increase by 49%, indicating a positive shift towards Australian agricultural stocks. In other news, the Forrest family's ...

Charter Hall co-founder eyes Australian Unity Office Fund

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... accompanied by a statement of support from AOF'S largest unitholder, Hume Partners (Hume). Hume intends to vote its 19.97% holding in favour of the proposal, it said. Australian Unity Investment Real Estate Limited (AUIREL) will now convene an independent ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
The California Senate passed a bill overnight prohibiting the United States' two largest public pension funds from investing in the world's top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
... accounts functionality. Rainmaker's own research and surveys of Australia's entire platform market show it is now holding $876 billion, up from $721 billion as at 31 December 2021. If it were not for the managed accounts sector, FUA in platforms ...

Income Asset Management wins mandate

JAMIE WILLIAMSON  |  TUESDAY, 24 MAY 2022
The ASX-listed investment group will oversee $160 million in bond holdings for a not-for-profit. Income Asset Management (IAM) said the tender was awarded following an competitive tender process, with the unnamed NFP joining more than 45 other organisations ...

Mitsui, Nomura to acquire New Forests

CHLOE WALKER  |  MONDAY, 23 MAY 2022
The global investment manager of nature-based real assets and natural capital strategies has announced Mitsui & Co (Mitsui) and Nomura Holdings (Nomura) have entered into an agreement to purchase 100% of the company. The joint venture, which is subject ...