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Showing 811 - 820 of 6694 results for "securities"

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... High Court's decision that found two Westpac subsidiaries provided unlicensed personal financial advice. Westpac Securities and BT Funds Management were found to have breached their best interests duty when providing personal financial product advice ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
Following an independent review on a major trading glitch last November, the Australian Securities Exchange has come out relatively unscathed. The joint investigation by ASIC, the Reserve Bank of Australia and IBM into the implementation of the Nasdaq ...

Perpetual LIC turns around performance

ANNABELLE DICKSON  |  FRIDAY, 20 AUG 2021
... its benchmark (S&P/ASX 300 Accumulation Index) by 13.9%. At June end, the portfolio held 72.5% in Australian listed securities, 20.5% in global listed securities and 7% in cash. PIC portfolio manager Vince Pezzullo said the performance was reflective ...

Netflix insider trading ring charged

ELIZABETH MCARTHUR  |  FRIDAY, 20 AUG 2021
In the US, the Securities and Exchange Commission has brought insider trading charges against three former Netflix employees. It alleges that the three employees generated more than US$3 million in profits by trading on confidential information about ...

ASX posts mixed results

ANNABELLE DICKSON  |  THURSDAY, 19 AUG 2021
... saw investors unable to trade for 24 hours. The outage was due to a software issue limited to the trading of multiple securities in a single order creating inaccurate market data. "However, the regrettable equity market outage last November fell short ...

CBRE Clarion portfolio manager departs

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
CBRE Clarion Securities senior analyst and portfolio manager Gavin Peacock has left the firm. CBRE Sydney office head and Asia Pacific team leader Justin Pica will continue to be lead portfolio manager for its A-REITs strategy, UBS said in a statement. ...

ETF Securities to list pure play Hydrogen ETF

KANIKA SOOD  |  MONDAY, 16 AUG 2021
ETF Securities is readying a new ETF that will invest in 30 hydrogen stocks, as it sees the sector benefiting from net-zero emissions commitments. The ETFS Hydrogen ETF will track the Solactive Global Hydrogen ESG Index and invest in stocks of pure ...

Sydney Airport rejects AustralianSuper takeover

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
... temporary blip. The conditions of the consortium's offer include that UniSuper, which holds 15% of Sydney Airport's securities, agrees to reinvest its equity interest in the consortium's holding vehicle. Sydney Airport said it was still open ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... requires consultation with regulators, including the Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA). The FSC will seek feedback ...

State Street hires from Macquarie

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
State Street has appointed a head of transition management solutions for Asia Pacific, hiring from Macquarie Securities. Elliot Graham will lead State Street's transition management in the role of managing director within the bank's portfolio solutions ...