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Showing 71 - 80 of 4353 results for %22Australian Securities%22

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
... 60% in the past six months, HSBC is adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show HSBC Custody Nominees' overall assets under custody for Australian investors fell ...

Westpac reports $1.8bn net profit, rise in stressed assets

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... to ASIC, the CSLR will provide compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority relating to personal financial advice, credit intermediation, securities dealing or credit ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... follows a $3 million cash injection from a group of investors that included Alium Capital and H2 Ventures and led by ETF Securities founder Graham Tuckwell in May. The consortium invested an initial $2.2 million in 2017. Stockspot founder and chief executive ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... offerings. A spokesperson for ASIC confirmed to FS Sustainability that Bloomberg and MSCI do not hold any relevant Australian Financial Services Licences. But the market regulator issued a warning. "ASIC is actively considering the conduct and obligations ...

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... holistic view of their clients' asset allocation simply by adding in other investments such as property values, other Australian or international shares, private equity funds or even collectibles such as art or wine," Apps said. Once an adviser adds ...

State Street brings Fund Connect ETF Portal to Australia

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
State Street has introduced its Fund Connect ETF Portal to the Australian market, facilitating the creation and redemption of exchange-traded funds (ETFs), acting as a central platform for accessing issuers. State Street flagged in May last year that ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
The British billionaire owner of Tottenham Hotspur and majority shareholder of Australian Agricultural Co, Joe Lewis, has been criminally charged in New York for orchestrating a "brazen insider trading scheme." Lewis, founder of investment firm Tavistock ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... ETF is the first and only crypto-asset ETF application filed under this new framework, which once listed, will give Australian investors access to this asset class with the appropriate financial services protections," Yew said. Meanwhile, in the US ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... investors and financial advisers, the entry of managed fund transactions services like Calastone and Clearstream into the Australian market, and regulatory disparities in the Design and Distribution Obligations (DDO) between unlisted funds and ETPs ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... financial services and disqualified him from managing corporations for five years. The regulator also cancelled the Australian financial services licence (AFSL) of McFaddens Securities, now known by its previous name APC Securities. ASIC's doubts surfaced ...