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Showing 851 - 860 of 4604 results for "RAISE"

Walsh Capital signs four fund managers

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... executive Louise Walsh, who started her own fund marketing business last month, has signed four new clients. Walsh Capital will raise funds and manage investor engagement for five new funds: Contact Asset Management's Australian Equities Ex-50 Fund ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
The auditor of Halifax Investment Services have been slapped with criminal charges and will pay up to $40,000. In a first for Australia's audit sector, Robert James Evett and EC Audit (formerly Bentleys NSW Audit) have been convicted by the Commonwealth ...

New role for Future Super co-founder

ELIZABETH MCARTHUR  |  THURSDAY, 19 AUG 2021
The former chief executive and co-founder of Future Super has a new role with a green financier. Kirstin Hunter has been appointed chief people, risk and legal officer at Brighte. Brighte is a green financier which last year raised $100 million led ...

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Magellan Financial Group will start paying taxes at the full 30% rate from FY24, as the government abolishes laws that allowed it to pay only 10% tax on offshore earnings. MFG paid tax at 21.4% in the year ending June, lower than the 30% tax rate that ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
A Sydney boutique is looking to raise $25 million for a listed investment company that will invest in local and global stocks. Lanyon Asset Management will run the offer from September 13 to September 24, priced at $5 per share to raise a total of $25 ...

CSLR unfairly locks out some victims: Maurice Blackburn

ELIZABETH MCARTHUR  |  MONDAY, 16 AUG 2021
The Compensation Scheme of Last Resort (CSLR) will lock out victims of financial misconduct or fraud who pursue court proceedings - something that is inherently unfair, according to law firm Maurice Blackburn. Maurice Blackburn principal lawyer Josh ...

ASIC takes property development group to court

KARREN VERGARA  |  FRIDAY, 13 AUG 2021
ASIC is investigating the owners of a Perth-based property development firm who gave unlicensed financial advice. Monica Kaur, Melvin Paul Singh, Sadu Singh and Stephanie Lee, who operate MKS Property Investments/Developments and Paradise Property Group ...

SEEK raising $260m for new fund

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
The ASX-listed jobs listing business will raise $260 million from external investors for a new fund that invests in employment-related businesses. The SEEK Growth Fund is a pooled unit trust formed after SEEK's strategic review of its Asia Pacific and ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... Shareholder Services (ISS) who said virtual AGMs could sacrifice shareholders' ability to engage with the company and raise questions. Australian Shareholders' Association (ASA) called virtual AGMs a "sterile format where companies are able to ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
Despite being among the prime targets of the government's recently launched inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted ...