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Showing 61 - 70 of 461 results for "Subsequently"

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... Securities daily reporting of the number of shares sold were first identified and self-reported to ASIC in late 2022. It subsequently uncovered additional related issues, which were also disclosed to ASIC. The company said that the reporting issues identified ...

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
... placed a takeover bid to acquire all of Insignia's shares at $4 cash per share late last year ; the offer was subsequently rejected. In the beginning of the year, CC Capital Partners expressed interest in the takeover by offering a higher sum for ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
... stock market has returned nearly twice as much as international markets since the Global Financial Crisis, which subsequently resulted in its share of global equity market capitalisation approaching almost 70% by the end of last year. History, however ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... year. On Tuesday morning, police executed a search warrant at a residence in Rouse Hill, where Popal was arrested and subsequently taken to Riverstone Police Station. He was then charged with five counts of dishonestly obtaining financial advantage by ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... if a customer did not disclose a pre-existing condition before entering the contract, and a medical practitioner subsequently formed an opinion that signs or symptoms of the condition existed prior to the customer entering the contract, even if a diagnosis ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... representations made to investors." On 24 February 2025, the Federal Court made orders freezing all related assets. Subsequently, ASIC applied to the Federal Court in processing the winding up and liquidation in March, to which, the court has acted swiftly ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
... footsteps of Apollo Global Management, which slashed its shareholding in Challenger from 20.1% to 9.9% in September 2024, subsequently making MS&AD the ASX-listed firm's largest shareholder until today. The union between MS&AD and Challenger began ...

Magellan names infrastructure co-leads

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... Magellan in 2013 as an investment analyst in the infrastructure team and was promoted to portfolio manager in 2017. He subsequently became sector head of infrastructure and industrials in late 2022. Before that, McVicar spent half a decade as an equity ...

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... than diversifying and expand its mandate to invest in unlisted assets to arbitrage the public and private markets. Subsequently, the proposed changes will increase the performance fee hurdle from 7% to 9% and turn the open-ended structure into a closed-end ...

Green technology, clean energy receive Budget boost

MATTHEW WAI  |  TUESDAY, 25 MAR 2025
... manufacturing capabilities including electrolysers, batteries and wind towers and $250 million for low carbon liquid fuels. Subsequently, the $1 billion Green Iron Investment Fund will help establish an Australian green iron industry by providing upfront ...