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Showing 971 - 980 of 18735 results for "Investors"

Vale Rupert Smoker

MATTHEW WAI  |  TUESDAY, 23 SEP 2025
... chief operating officer Ben Norman will serve as acting chief executive. "With the continued support of our long-term investors, stakeholders and the dedication of our experienced team, we are committed to honouring his legacy and upholding the values ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... and 2023. ASIC said this was of significant concern as MacroLend and Great Southland raised around $109 million from investors during the period. The court also found that Hodgson and MacroLend engaged in very serious misleading or deceptive conduct ...

Concentration of private credit sector a concern: ASIC

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
... its review into the nation's $200 billion private credit market, which it says could pose a systemic risk to many investors if a downturn were to occur. The review has so far found that while most investors are "appropriately rewarded for taking ...

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... registered managed investment scheme operated by RELI Capital. The regulator said it is to protect consumers and retail investors from acquiring a product not suitable for their financial objectives. Its action follows concern that the target market ...

Stockspot reduces fees to increase accessibility

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
... remained active for more than five years. "These updates are designed to make Stockspot more accessible for first-time investors, parents, and experienced clients alike," Stockspot founder and chief executive Chris Brycki said. "Importantly, this is ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
... early 2024. At August end it had about $260 million in assets, with additional funds held in Class B units. In a note to investors, La Trobe chief investment officer Chris Paton said: "We wish to stress to investors that your investments with La Trobe ...

Acadian hires local institutional distribution lead

MATTHEW WAI  |  FRIDAY, 19 SEP 2025
Acadian Asset Management has appointed a Sydney-based executive to strengthen its relationship with institutional investors across Australia and New Zealand. Matthew McLenaghan has been appointed senior vice president, business development, institutional ...

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
... provide $5 million in seed capital to a trust fund, the beneficiaries of which would be the 12,000 or more defrauded investors. If the government refuses, the group plans to approach the industry directly for funding. The trust's legal objective ...

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... be 2025, but we continue to consistently see examples of organisations, including some of our biggest institutional investors, falling well below the standard when it comes to cybersecurity. It doesn't bode well, given cybersecurity risks are increasing. ...