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Showing 961 - 970 of 8993 results for "ASX"

Magellan reports $2.6bn net outflows

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... infrastructure equities from $16.8 billion to 16.2 billion and Australian equities from $8.8 billion to $8.5 billion. In an ASX announcement, Magellan said it will pay distributions (net of reinvestment) of approximately $0.3 billion in January. This ...

Federal Court finds against finfluencer

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
The Federal Court determined Tyson Scholz, known as ASX Wolf, was running an unlicensed financial services business for over a year, including providing courses on share trading and recommending stocks on Instagram. The court handed its decision down ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Australian Retirement Trust Australian Retirement Trust completed another successor fund transfer, taking over the super fund of an ASX 100 company. On July 1, the Incitec Pivot Employees Superannuation Fund merged into Australian Retirement Trust. The ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
ASIC and the Reserve Bank of Australia (RBA) have acted to ensure the ASX keeps the current CHESS until a replacement is successfully administered. ASIC issued notices to the ASX requiring it to produce a special report regarding the ongoing operation ...

Apollo increases Challenger stake

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
Apollo Global Management has taken a further stake in Challenger, it now has 19.1% voting power in the ASX-listed investment manager. As previously reported by Financial Standard, last year, Will Vicars' Caledonia sold its 15% stake in Challenger to ...

Pinnacle's performance fee revenue could plummet

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
... to be potentially less than $1 million, down from $6.4 million in the corresponding period ending 31 December 2021. In an ASX announcement, Pinnacle said several strategies which had the potential to produce performance fees during the six-month period ...

JPMorgan Asset Management launches sustainable ETFs

CHLOE WALKER  |  MONDAY, 12 DEC 2022
JPMorgan Asset Management has launched two active sustainable ETFs on the ASX. The JPMorgan Climate Change Solutions Active ETF (T3MP) invests in companies that the global asset manager believes are poised to benefit from growing demand for climate ...

VanEck launches gold bullion ETF

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
VanEck Gold Bullion ETF (ASX code: NUGG), the ETF is physically backed by gold bullion sourced from Australian gold producers, has listed on the ASX. NUGG is VanEck's 32nd ETF listed on the ASX; it can be converted by investors, from their ETF holdings ...

AMG Super to take on fledgling super product

JAMIE WILLIAMSON  |  TUESDAY, 6 DEC 2022
The superannuation offering of an ASX-listed fintech will merge with AMG Super later this month following a ruling by its trustee. Raiz Invest Super, the super solution offered by micro investing platform Raiz, will become a division of AMG Super on ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... Longo said in a speech at the ASIC Annual Forum in November. In October, ASIC took its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou paid a total of $53,280 to comply with four infringement notices issued by ASIC over ...