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Showing 921 - 930 of 9451 results for "Made"

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... in April to review the decision to cancel its AFS licence, but the licence will stay cancelled until a final decision is made. Zakhaim and Anderson were responsible for ensuring XTrade complied with financial services laws and monitoring the supervision ...

Apex partners with Novigi

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... Sachs recently announced they injected over $1.66 billion into Apex Group to support its growth plans. The commitments were made via Carlyle's global credit business and Goldman Sachs Private Credit, committing to Holdco PIK Notes of Apex. Both are ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... market indices. The mandate will be invested in the Janus Henderson Emerging Markets Equity strategy. The strategy was first made available to Australian investors in August 2023 and seeks consistent risk-adjusted returns by looking to identify attractive ...

Rogue Sequoia shareholders slapped with orders

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... Cojones Pty Ltd and 1,000,000 Sequoia shares held by Vonetta Pty Ltd..." This is six months after the date the orders were made in which 1,083,238 of the Restricted A. Jones Shares may be voted and 12 months after the order date in which the balance ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... has cut the management fee for its Bitcoin ETF (ASX: VBTC) to 0.49% per annum, just days after Monochrome Asset Management made a change. The ETF provider said the decision followed more than $18 million flowing into the fund since its launch last month. ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... amounts of $218 million and distribution re-investments of $72 million. Despite continued outflows, Platinum said it has made "good progress on reducing expenses in recent months with the turnaround program", pointing to investment gains it calculates ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... landscape by boosting economic sentiment." Powell addressed those concern directly, emphasising that rate decisions will be made "when and as" necessary, rather than being timed for political convenience. Green said that statement underscored the Fed's ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... entities and their accountable persons in understanding and complying with their obligations under the FAR, with changes made to reflect the final list of key functions and their descriptions. It also included an updated accountability statement guide ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... oversight to achieve their objectives and maintain robust operational standards." Insignia Financial said the changes are being made "to drive growth and provide clearer lines of accountability to simplify and streamline the business." Chief executive ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... equites mandate from Cbus and a $327 million Australian equities mandate from Brighter Super, totalling $3.25 billion. This made Alphinity the top manager for mandates by total value in the year to 31 March 2024, according to Rainmaker Information. IFM ...