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Showing 1 - 10 of 10 results for "Bahamas"

Bahamian firm joins Future Gen portfolio

CHLOE WALKER  |  MONDAY, 28 NOV 2022
... Partners has been added to Future Generation's global investment portfolio. Holowesko Partners was founded in 2001 by Bahamas-based Mark Holowesko, who previously served as director, chief investment officer and director of research Franklin Templeton ...

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... Wilmshurst will join Nanuk this month. Wilmshurst spent the last 20 years in the Templeton Global Equity Group, working across Bahamas, Fort Lauderdale and, most recently, Melbourne. He left Franklin Templeton on 2 December 2019, after managing then ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
... $1.3 million in total current assets, tied up in entities also run by Mawhinney. Eleutheria is a long, thin island in the Bahamas which has notoriously shallow waters and forms part of the Great Bahama Bank (a partially submerged archipelago, not a financial ...

Franklin Templeton veteran readies two funds

KANIKA SOOD  |  MONDAY, 13 JAN 2020
... veteran is getting ready to pitch two new Aussie-domiciled funds to private wealth firms and wholesale clients down under. Bahamas-based Holowesko Partners is aiming to launch in the next two months local versions of its long/short global equities fund ...

ASIC slaps biggest fine ever

BEN COLLINS  |  FRIDAY, 22 FEB 2013
... invested in 14 individual investment funds in countries including New Zealand, the United States, Hong Kong, Vanuatu, the Bahamas, Anguilla, and the Turks and Caicos Islands. In a decision in November 2012, the Supreme Court of NSW found that together ...

Simulate my retirement: Telstra Super

MEDIA RELEASE  |  TUESDAY, 19 OCT 2010
... introducing a new calculator that takes into account career breaks, having time off for children, and even a holiday to the Bahamas. The Telstra Super Simulator allows users to generate a realistic whole-of-life snapshot of how their current savings ...

Former NAB adviser gets 8 years

HAMISH MADDEN  |  MONDAY, 6 NOV 2006
... Between 1997 and 2001 ASIC alleged that Drakos convinced a number of NAB clients to invest in BSI Corp, domiciled in the Bahamas, claiming it was an affiliate of Barclays Bank. Amounts invested in BSI Corp were then transferred to a non-interest earning ...

NAB financial planner guilty of fraud

HAMISH MADDEN  |  TUESDAY, 30 MAY 2006
... investigation revealed that Drakos had convinced some of his former NAB clients to invest in BSI Corp, which was based in the Bahamas and was not an NAB approved investment product. Drakos told the investors that BSI Corp was an associate or subsidiary ...

ASIC nabs planner and catches two directors

... documents. Following an investigation between 1997 and 2001, ASIC found Drakos recommended NAB clients to invest in the Bahamas-based company BSI Corp. BSI Corp was not an NAB-approved investment product. Since the investigation, NAB has repaid the lost ...

Former NAB financial planner charged over massive fraud

... activities of Drakos found he had recommended investment in BSI Corp. to his former NAB clients. BSI was a company based in the Bahamas and was not an investment product the bank had approved. The recommendations involved $7 million of transactions and ...
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