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Showing 851 - 860 of 17178 results for "LAS"

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
Australia's top advice associations are eagerly anticipating meaningful and swift changes to take place under new financial services minister Daniel Mulino, optimistic that critical reforms in the Compensation Scheme of Last Resort (CSLR) and Delivering ...

Citco secures powerful backer in global investment firm

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Citco, a network of independent companies that provide asset-servicing solutions to the global alternative investment industry, has entered a long-term strategic partnership with a large institutional investor. Citco, which has over US$2 trillion in ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 ...

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
With the exit of Bain Capital, it leaves one potential buyer left in the takeover talks that have now spanned more than six months. In an ASX announcement this morning, Insignia Financial confirmed that Bain Capital is "unable to proceed" with a binding ...

Future Fund makes leadership appointments

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
Future Fund has appointed a chief financial officer and chief risk officer, as well as a chief people, culture and inclusion officer. Nancy Collins is joining the Future Fund Management Agency from Swinburne University of Technology. There, she has ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
Daniel Mulino is the new minister for financial services and assistant treasurer. Mulino was named in the position by Prime Minister Anthony Albanese yesterday. He brings a great deal of relevant experience to the portfolio. With an extensive background ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
HESTA divested its remaining shareholding in Mineral Resources (MinRes) following the resignation of the miner's entire ethics and governance committee just six months after it was established. The $89 billion fund put MinRes on watch in October last ...

Labor vs Liberal: Which government is better for Australian stocks?

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
Labor has secured 93 of the 150 seats up for grabs in the House of Representatives, with a few still in doubt - more than Kevin Rudd or Bob Hawke claimed in their maiden election victories - but does this historic win over the Coalition spell bad news ...

US financial market dominance can't last indefinitely: MSCI

ANDREW MCKEAN  |  MONDAY, 12 MAY 2025
The US 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 ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
HESTA members currently in the midst of an extended limited services period will not see a pause or reduction applied to their administration fees, the fund confirmed. The $89 billion fund is currently transitioning to GROW Inc. (GROW) for its administration ...