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Showing 811 - 820 of 12383 results for "May"

Future Fund cleared to manage select asset classes in-house

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... Australian infrastructure and property that we might otherwise be unable to access efficiently, or which external managers may not be focused on," Combet said. "... the capacity to be able to make transactions and manage investments internally will increase ...

L1 Capital, Platinum merger inches closer to reality

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUN 2025
... potential merger. Following due diligence, L1 Capital and Platinum have slightly adjusted the terms of their agreement. In May, when the merger was first announced, discussions were being had on the basis that L1 Capital shareholders would own about ...

Investor optimism premature, fund flows in firing line

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
... term. The average price/fair value multiple for stocks covered by Morningstar Equity Research globally increased to 0.96 in May 2025, from around 0.90 during early April 2025," Ler said. "While this rerating usually signals improving fund flow expectations ...

Pacific Current Group appoints new chair

JAMIE WILLIAMSON  |  TUESDAY, 17 JUN 2025
... served on the board for 10 years and became chair in 2018. Arter was most recently chief executive of Cbus for three years to May 2023. Previously, he also served as country head, Australia for BlackRock and was chief executive of the Victorian Funds ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... being paid to third parties to assist in the submission of complaints, however we accept that in some cases a complainant may wish to seek the support of a third party." The organisations asked for more information regarding the scale of the paid representative ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... half of FY25. ASIC understands that it has also failed to keep investors updated on the status of their investments since May 2024. ASIC said its investigation concerns inadequate management of conflicts of interest. The ways investors were sold units ...

ASIC cancels Financial Services Group Australia's AFSL

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... been permanently banned from working in the industry. Ferras Merhi was the sole director of FSGA from 10 February 2021 to 30 May 2025. He is also the director of Venture Egg Financial Services and United Financial Advice. ASIC is currently investigating ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... Competition and Consumer Commission. ASIC will publish a report of the outcome of the inquiry, which will inform the next steps it may take.

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... complex. "Solutions such as bite-sized life and income protection can also serve as a way to engage younger Australians who may not yet have seriously considered their needs but have come to appreciate the ease and value of purchasing embedded protection ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... Australians over time than initially anticipated," Waterhouse said. "Existing precedent suggests that Division 296 tax credits may not transfer to a member's estate, meaning tax already paid on unrealised gains could be lost upon death - while capital ...