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Showing 61 - 70 of 3642 results for "ASX200"

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

AOF sells another asset, flags delisting

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
Australian Unity Office Fund (AOF) continues to empty its portfolio, offloading another asset as the REIT faces an uncertain future. AOF is set to offload 64 Northbourne Avenue, Canberra for $21.2 million to an unnamed buyer, 10% cheaper than its June ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX  ...

Former BBY employee sentenced for 'dishonest conduct'

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
Nine years on from its collapse, the former employee of stockbroking firm BBY has been sentenced to two years and six months after being convicted of aiding and abetting. ASIC alleged that Yat Nam (April) Yuen had facilitated the transfers of client ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
The ASX earned record revenue of $1.03 billion in the 2024 financial year despite a volatile period for equity markets and lower capital raising. Total revenue grew 2.4% from the prior corresponding period, largely driven by the exchange's markets ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court against the ASX, for allegedly making misleading statements related to its Clearing House Electronic Subregister System (CHESS) replacement project. ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
Monash Investors has confirmed the completed merger with DMX Asset Management as of August 12. Following the merger, DMX AM portfolio manager Michael Haddad has been named co-portfolio manager with Monash Investors. "Michael hit the ground running ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
Dimensional Fund Advisors (DFA) is converting three additional products to dual-access funds, which it hopes will start trading as ETFs as early as next week. The Dimensional Australian Value Trust, Global Value Trust, and Global Small Company Trust ...