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Showing 61 - 70 of 199 results for "International Fund"

ASIC launches investigation into Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
More woe for Westpac as ASIC confirms it has commenced an investigation into the bank following AUSTRAC's actions in relation to money laundering. An ASIC spokesperson told Financial Standard : "ASIC can confirm that it commenced an investigation ...

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
Westpac is facing 23 million alleged breaches of anti-money laundering laws and counter terrorism laws. AUSTRAC has applied to the Federal Court seeking civil penalty orders against Westpac relating to "systematic" non-compliance with the Anti Money ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
Westpac's customer compensation bill has added $341 million in the second half of 2019, bringing the remediation total to $958 million for the year. Westpac chief executive Brian Hartzer said: ""A key priority in 2019 has been to deal with outstanding ...

Glitch hits ASX-listed managed funds

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
... have about $500 million in assets, for about three hours yesterday. This includes the $343 million Platinum International Fund (quoted managed fund) (ASX: PIXX), which feeds into the $9.7 billion Platinum International Fund. And the $153 million Platinum ...

AUSTRAC orders audit of PayPal

ELIZA BAVIN  |  TUESDAY, 1 OCT 2019
... crime laws. The financial intelligence agency said the concerns relate to PayPal Australia's compliance with international fund transfers reporting obligations. AUSTRAC said the reports provide vital intelligence that enables it to combat serious crimes ...

Best and worst performing global shares funds revealed

KANIKA SOOD  |  FRIDAY, 13 SEP 2019
... Emerging Markets (20.49%). The worst performers in the research were: Platinum Global Fund (10.07%), Platinum International Fund (10.06%), Acadian Wholesale Global Equity long/short (10.02%), Talaria Global Equity (9.49%), RealIndex Emerging Markets-Class ...

Changes at helm for Perpetual

ELIZA BAVIN  |  FRIDAY, 13 SEP 2019
The former chief executive of Schroders has joined the board of Perpetual as two long standing non-executive directors announce they will step down after the company's annual general meeting in October. Phillip Bullock and Sylvia Falzon have served ...

Short-seller targets infant formula importer

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
... July this year by chief investment officer Steve Johnson said Ausnutria was a recent addition to Forager's international fund and a company likely to grow. In a new report, Blue Orca alleges Ausnutria is misleading Chinese consumers into buying its ...

Platinum funds leak over $100m

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
... Platinum's funds have underperformed the benchmark over one year to June end. The $54 million outflows include its international Fund, the Platinum Unhedged Fund, Platinum Asia Fund, Platinum European Fund, Platinum Japan Fund, Platinum International ...

Pengana adds fee class for global equities fund

KANIKA SOOD  |  THURSDAY, 1 AUG 2019
The $97 million Pengana International Fund will now be available with a lower base fee and a performance fee structure, in response to adviser demand. Pengana has traditionally offered the fund to financial advisers at a flat 0.974% management fee per ...