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Showing 71 - 80 of 5989 results for %22September 2017%22

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... non-binding indicative offer to acquire all shares in PAC. Together, they own 31% of the multi-boutique asset manager. In late September, Regal withdrew its proposal, saying that it has only received "limited and high-level due diligence information ...

Betashares to bring Cash Flow Kings ETF to market

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2023
... launched Betashares Direct, offering self-directed investors access to any ETF traded on the ASX at zero brokerage, and in September, it carved itself a slice of the superannuation sector when it acquired Bendigo and Adelaide Bank's super division.

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... classification of retail clients as wholesale clients. This was paid in two tranches, first in May and June 2023 and then in September 2023. The further $4.3 million was paid to more than 1500 retail clients across the other seven providers because of ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... still too high and is proving more persistent than expected a few months ago". This is despite inflation declining in September from 6% to 5.4% on a year-on-year basis. On a quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing ...

Morningstar executive lands at ART

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... manager selection and portfolio management team. Aman Ramrakha, the director for manager selection services, left in September after more than seven years. Director of manager research APAC Tim Murphy left in late December 2022 and recently resurfaced ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... Register on November 3 to record that individuals who are both a relevant provider and a registered tax agent on 20 September 2023 can provide tax (financial) advice services to retail clients on relevant financial products. A qualified tax relevant ...

XTBs to be delisted following collapse

CASSANDRA BALDINI  |  TUESDAY, 7 NOV 2023
... suspended in recent weeks. The two entities supporting the XTBs entered liquidation after failing to secure a buyer in September. WLP Restructuring partners Alan Walker and Glenn Livingstone were appointed administrators shortly after. Equity Trustees ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... The US-based boutique fund manager revealed in an ASX announcement that its FUM had fallen from US$105.8 billion as of September 30 to US$103.9 billion by the end of October, marking a downturn across all its core equity strategies. Despite the monthly ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... The developer of the project was Melbourne-based Prince Corporation and the original builder was MultiCiv. In early September, Australian Unity told investors that MultiCiv had been removed from the development site because it had failed to adequately ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... recent departure of its chief operating officer Trevin Erichsen. Proebstl, who joined investment fintech firm Tanggram in September, was succeeded by Luke Symons, the founder and former chief executive of Responsible Financial Services Group, where he ...