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Showing 861 - 870 of 32388 results for "ALS"

Hearts & Minds, WAM slash stakes in Corporate Travel Management

KARREN VERGARA  |  FRIDAY, 12 DEC 2025
Hearts & Minds Investments (HM1) is the latest fund manager to write off its stake in the beleaguered Corporate Travel Management (CTD), while Wilson Asset Management slashed its value by 50%. The ASX-listed travel and accommodation agency services ...

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager. The AFSL is suspended until 8 June 2026. ASIC said MW Planning failed to fulfil ...

FEATURE: Private credit | At the precipice

GLENDA KORPORAAL  |  FRIDAY, 12 DEC 2025
The warning by JPMorgan Chase chief executive Jamie Dimon about the possibility of there being more "cockroaches" in the US private credit market has sparked a flurry of debate about risks in the market at a time when its potential is being assessed ...

Investment veteran wraps 30 year career

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
Nathan Lim is retiring after three decades in global asset management, stepping down from his role as chief investment strategist at Evidentia Group. Evidentia said it has begun the search for his successor and expects to make an appointment in the ...

Vanguard identifies strongest asset classes for coming decade

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
According to Vanguard's outlook, high-quality US fixed income, US value-oriented equities, and non-US developed markets equities will have the strongest risk-returns over the coming five to 10 years. Vanguard predicts US value-oriented equities will ...

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
After holding a roundtable discussion yesterday, Minister for Financial Services Daniel Mulino says all consumer-facing sub-sectors within the financial services sector, and all 23 retail-facing sub-sectors will foot the $47.3 million CSLR special levy. ...

ASIC issues $2.2m infringement notices

ANGELIQUE MINAS  |  THURSDAY, 11 DEC 2025
Following a three-month surveillance, ASIC has issued infringement notices to 12 large proprietaries companies for failing to lodge their FY24 audited financial reports on time. The household names facing infringement notices include Aje Hold, Bing ...

AMP to pay $29m to settle class action

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AMP has settled a class action brought by Shine Lawyers in 2020, which claimed the firm's financial advisers breached their fiduciary and statutory duties to an estimated 100,000 clients. The AMP commissions and insurance class action was commenced ...

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI  |  THURSDAY, 11 DEC 2025
The super industry is urging the government to scrap the "outdated" law that denies super to most under-18 workers, which is also increasing the gender gap and costing women up to $11,000 at retirement. The new analysis comes as a Pyxis survey found ...

AustralianSuper kicks off $1.1bn UK living plan with acquisition

RIDDHIMA TALWANI  |  THURSDAY, 11 DEC 2025
AustralianSuper has completed the acquisition of six student accommodations across UK, the first step in its larger plan to invest $1.1 billion in the country's living sector over the next 12 months. The $382 billion super fund has acquired the student ...