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Showing 1 - 10 of 142 results for "Grim"

Platinum LIC turns down WAM bid

KARREN VERGARA  |  FRIDAY, 3 OCT 2025
Platinum Capital (PMC) shareholders have rejected Wilson Asset Management's (WAM) bid to be the investment manager of the listed investment company (LIC) in the hope of replacing Platinum Asset Management. WAM flagged its intentions of becoming the ...

Convicted adviser fails to appeal prison sentence

MATTHEW WAI  |  THURSDAY, 20 FEB 2025
Former Melbourne financial adviser Bradley Grimm will continue to serve his sentence after failing to have his dishonesty conviction and prison term overturned. Grimm pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Platinum Asset Management suffered its second consecutive strike against its remuneration report but managed to avoid a board spill. Yesterday, 73% of shareholders overwhelmingly voted against adopting the remuneration report at the annual general meeting ...

Melbourne adviser sentenced to 18 months' prison

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
Former Melbourne financial adviser Bradley Grimm has been convicted by the County Court of Victoria on three counts of engaging in dishonest conduct while running a financial services business. Grimm was sentenced to 18 months' imprisonment, with ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... of the industry in terms of numbers, active ETFs only hold 21% in terms of funds under management. "This paints a pretty grim picture of active ETFs and illustrates that not all ETFs are alike and Australian investors are not convinced at the proposition," ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... stocks with valuation risk," Birtles said. Internationally, an investor note from Ophir Asset Management casts a similarly grim outlook. The Sahm Rule, a recession indicator that signals that a recession begins when the three-month moving average of ...

HUB24 farewells longstanding chair

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
After nearly 12 years, HUB24 non-executive director and chair Bruce Higgins has informed the board of his plans to retire. As such, a replacement has been appointed. Higgins has served as chair since October 2012, and during his tenure saw the platform ...

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... indicators like commodity prices, global shipping rates and price indicators from business surveys, has collapsed." Another grim tell-tale is the 10-year less 2-year bond yield, and 10-year less RBA cash rate yield went negative recently. "While Australian ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
A former Melbourne financial planner has pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial services business. ASIC found that between February and March 2015, Bradley Grimm engaged in dishonest conduct on five ...

APAC airports well positioned for recovery: Study

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... whole-business securitisations are the most exposed to fading pent-up demand, and rising costs and interest rates. Despite this grim outlook, it noted that the essential nature of most other EMEA infrastructure assets, their inflation-linked revenue ...
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