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Showing 81 - 90 of 3000 results for "February 23"

ASIC cancels AFSL of Qld securities dealer

MATTHEW WAI | MONDAY, 16 FEB 2026

ASIC has cancelled the Australian financial services licence (AFSL) of Pulse Markets, a wholly owned subsidiary of BIR Financial, for providing incompetent financial services, including inadequate supervision of its corporate authorised representatives ...

GQG reports increased FUM despite $5.5bn outflows

ELIZA BAVIN | FRIDAY, 13 FEB 2026

GQG Partners has reported funds under management (FUM) for FY25 of $231.27 billion (US$163.9bn), a 7.1% increase. This comes despite outflows of $5.5 billion (US$3.9bn) for the period ending 31 December 2025. GQG chief executive Tim Carver said despite ...

Another MWL Financial Services adviser banned

ANGELIQUE MINAS | THURSDAY, 12 FEB 2026

Effective February 5, ASIC banned former MWL Financial Services (MWL) adviser Neil McPherson for giving advice to certain clients that was not in their best interests. An investigation found that during his tenure with MWL, McPherson recommended some ...

GQG sees $6bn outflows in a month

ELIZA BAVIN | WEDNESDAY, 11 FEB 2026

GQG Partners saw $5.94 billion (US$4.3bn) in outflows in January alone. By comparison, the investment manager saw total outflows in the year ended 31 December 2025 of $5.8 billion (US$3.9bn). GQG did not provide an explanation for the outflows in its ...

ESSSuper welcomes new board chair

JAMIE WILLIAMSON | TUESDAY, 10 FEB 2026

ESSSuper has elected a new board president and chair following the end of a 10-year tenure by Joan Fitzpatrick. Fitzpatrick became president and chair in February 2016, with ESSSuper saying that since she "brought deep expertise and calm authority to ...

Treasury to reform managed investment scheme governance

KARREN VERGARA | TUESDAY, 10 FEB 2026

Treasury has opened another review into the $2 trillion managed investment scheme (MIS) sector off the back of the Shield Master Fund and First Guardian Master Fund collapses. This time, the Enhancing oversight and governance of managed investment schemes ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI | MONDAY, 9 FEB 2026

Commonwealth Superannuation Corporation (CSC) is undergoing its biggest technology transformation in about a decade, with the fund focused on automation and improved system integration. CSC will consolidate its legacy systems to improve member experience ...

Government consults on victim access to child sex abusers' super

MATTHEW WAI | TUESDAY, 3 FEB 2026

After stagnating for several years, the government has released draft legislation to prevent convicted child sexual abusers from hiding their assets in superannuation to avoid compensating their victims. Identical to the January 2023 discussion paper ...

Global RE investment firm continues Aussie expansion

ELIZA BAVIN | TUESDAY, 3 FEB 2026

Heitman, a global real estate investment management firm headquartered in the US, and Erben, an Australian property development and investment firm, have announced the joint acquisition of a Perth-based property. The parties will acquire Lot 19 at Perth ...

Perpetual hit by $7.8bn net outflows in Q2

ELIZA BAVIN | THURSDAY, 29 JAN 2026

Perpetual saw a "mixed" performance in the second quarter of FY26, according to chief executive Bernard Reilly. "Corporate trust performed strongly across all three of its segments, asset management was impacted by net outflows and wealth management ...

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Former chief financial officer at Rest returns in new role

VINNY VUCAGO

Rest is welcoming back its former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN

Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI

Generation Development Group has reported strong growth to the year ending June 30.

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI

The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

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