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Showing 1 - 10 of 235 results for "H shares"

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
Count is making a play for Diverger, in a deal that will create an entity with $29 billion in funds under management and advice, and house 550 financial advisers. The two ASX-listed firms have entered into a binding scheme implementation deed in which ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
HUB24 has reported underlying net profits under tax of $58.8 million, up 64% from the year prior, and a 15% increase in the number of advisers on its books. Reporting to the ASX today, the platform has also had an underlying group EBITDA of $102.4 million ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
The director of investment manager Foxi Capital has been banned from providing financial services for eight years after it was found he lacked relevant qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Global X launches new Australian equity ETF

CHLOE WALKER  |  THURSDAY, 13 APR 2023
The Australia ex Financial & Resources ETF (OZXX) aims to provide more exposure to the country's largest companies, while avoiding doubling up on bank, mining and energy shares. Tracking the Solactive Australia Ex Financials Materials and Energy Capped ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
Apex Group has acquired Pacific Fund Systems (PFS) from its co-founders and Pollen Street Capital for an undisclosed amount. PFS runs specialist accounting and administration platform PFS-PAXUS, which supports all manner of funds, including hedge funds ...

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
It's estimated that Singapore will have the highest adult population of millionaires by 2030, overtaking Australia by 7%. HSBC has issued The rise of Asian wealth and revealed roughly 13.4% of Singapore's adult population will be millionaires ...

Pearler raises $7.8m to continue growth

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
The one-year-old retail trading platform has successfully closed a seed funding round led by Portage Ventures, a global fintech investor. Australian venture capital firms Archangel Ventures and Ten13 also participated in the round. The funding will ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

Former Regal FM portfolio manager banned

JAMIE WILLIAMSON  |  WEDNESDAY, 22 SEP 2021
A former Regal Funds Management portfolio manager has been banned for five years after he manipulated the share price of Clearview Wealth. Dylan Rands was a dealer and portfolio manager at Regal Funds Management when he entered into 112 uncommercial ...
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