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Showing 71 - 80 of 2291 results for "Joint"

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... rules to give institutional investors more flexibility on how they purchase investment research. The new option facilitates joint payments for third-party research and execution services, provided that the firm meets certain requirements. "Under current ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
The market regulator provided an update on its investigation into ANZ's role as joint lead manager and risk manager of the issuance of 10-year Australian government Treasury Bonds last year. The investigation, commenced April last year, is currently ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... investors to the tune of $22 million (US$15m). Meanwhile, JPMIM was found to have caused $6.5 million (US$4.3m) in prohibited joint transactions which advantaged an affiliated foreign money market fund of which it was the portfolio manager over three ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
... which superannuation trustees are supporting members entering or approaching retirement. "Our follow up work to the 2023 joint APRA/ASIC thematic review into trustees' progress against the retirement income covenant indicates some advancements are being ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... (CRS) released a lengthy report dated October 10 that cast doubt on the merits of the mega-project, specifically on its joint work under pillar one of the Virginia-class submarines. It might be more worthwhile for Australia, the CRS suggested, if it ...

NZ Superannuation Fund names joint CIOs

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... investment officer, promoting two of its investment professionals to their new posts. Brad Dunstan and Will Goodwin will become joint chief investment officers effective December 2. They replace Stephen Gilmore, who left at the end of June to lead the ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... "Our focus remains on a smooth transition and maintaining the strong relationships with advisers as they move to the new joint venture with Entireti." George added that the launch of AMP's small business and consumer digital bank remains on track, with ...

Clime shakes up board again

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... leaving James Street Private Wealth after three years. Angela Wang, a senior associate lawyer at Norman Waterhouse, was named joint company secretary. Clime has endured several management and board changes in recent years. In early 2024, it avoided a ...

QIC makes history with $900m sale

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
Queensland Investment Corporation (QIC) has sold Sydney-based Westpoint Shopping Centre in the largest single transaction of an Australian retail centre. QIC sold Westpoint to Haben and US investment manager Hines, both of which will take a half stake. ...

Wholesale investor test changes on ice: Parliamentary committee

KARREN VERGARA  |  FRIDAY, 4 OCT 2024
... However, Scarr said "the issue is still on the agenda" and potential changes may well be in the future. The Parliamentary Joint Committee on Corporations and Financial Services is currently looking into the sustainability of the wholesale investor tests ...