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Showing 921 - 930 of 4602 results for "RAISE"

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
ASIC has released three legislative instruments to regulate advice fee consents and lack of independence disclosures, as part of the government's response to the Royal Commission. The first of the three sets the requirements that written consent from ...

ADB invests in sustainable start-ups

KARREN VERGARA  |  WEDNESDAY, 24 MAR 2021
The Asian Development Bank (ADB) has made its first investments in start-ups that help address development challenges in emerging countries, mainly focusing on climate and gender impact. The ADB Ventures Equity Fund, the bank's first investment fund ...

ASIC okay with virtual AGMs

KANIKA SOOD  |  WEDNESDAY, 24 MAR 2021
... Shareholder Services (ISS) who said virtual AGMs could sacrifice shareholders' ability to engage with the company and raise questions. Australian Shareholders' Association (ASA) called virtual AGMs a "sterile format where companies are able to ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... balance," it said. "Overall, funds' communications approach and information on the ERS, drawdown and investments did not raise concerns. However, we assessed the risk to be greater in relation to information on projection tools and insurance in superannuation." ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
ANZ and Commonwealth Bank (CBA) have both reached an agreement to settle a class action in the US related to the trading of bank bill swap (BBSW) products in 2016. The class action commenced in 2016 in the United States District Court for the Southern ...

360 Capital to raise $93m

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... million to support the recapitalisation and restructure of Dealt Group. The investment manager said upon completion of the raise Dealt, formerly known as Velocity Property Group, will be targeting a 6% annual return from investment activities as well ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
... Mawhinney's lawyer argued that the label "technically wholesale" is meaningless. ASIC is seeking to ensure that Mawhinney can not raise any funds for any investment products for the foreseeable future. The lawyer for ASIC said Mawhinney had not been ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
It's not what the European Central Bank (ECB) did at its March governing council meeting - keeping monetary policy settings unchanged - but its PEPP (pandemic emergency purchase programme) talk that sent the Euro Stoxx-50 index on the up and up. ...

Frontier zeroes in on poor culture

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
Frontier Advisors is putting investment managers on notice, warning them to expect a tougher appraisal of how they manage cultural and governance issues. While it has always assessed and considered culture when it formulates manager ratings and recommendations ...