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Showing 1 - 10 of 47 results for "M Core"

AXA hires from CFS

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
AXA Investment Managers has appointed a business development manager for AXA IM Core. Bevan Green joins from Colonial First State Investments where he was a business development manager. Green was previously in similar roles at Zurich Insurance, NAB ...

Housing market reaches new heights

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
The residential real estate market in Australia is estimated to have surged above $8 trillion, new analysis from CoreLogic shows. The housing market now stands at $8.1 trillion with the increase in value following capital gains in real estate markets ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... employees or any companies he is a part of cannot solicit funds in connection with any financial products for 20 years. The M Core Fixed Income Notes, M+ Fixed Income Notes and Australian Property Bonds which were advertised to wholesale investors by ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... lose some or all their initial investments. The Federal Court found Mayfair made false and misleading statements about the M Core Fixed Income Notes, advertising them as fully secured financial products when funds were actually lent to a related party ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... provisional liquidators concluded that M101 Nominees had been trading insolvent since it began in November 2019 and was paying M Core noteholders distributions and redemptions with money raised from other M Core noteholders. During court proceedings ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... confused by the firm's marketing. Stuart Klees sued M101 Holdings, claiming that he was deceived into investing in the M+ and M Core Notes, but the judge found Klees failed to prove his case. This is despite M101 Nominees, which issued the M Core notes ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... on a short-term basis and then lending for a term of 10 years. It also heard that distributions and redemptions paid to M Core noteholders were funded from money raised from other M Core noteholders or, to a lesser extent, from investors in unsecured ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... representations. However, ASIC still alleges Mayfair 101 made false and misleading claims about the M+ Fixed Income Notes and M Core Fixed Income Notes, including comparing the products to bank term deposits. ASIC alleges that this could have caused ...

Advice firm launches dealer group

JAMIE WILLIAMSON  |  MONDAY, 7 DEC 2020
A Sydney-based financial advice firm is entering the licensee space, launching a technology-driven dealer group offering. Insight Investment Partners has launched IIP Dealer Group, led by managing director Anthony Lyon and director Christopher Fellas. ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
... filed with the court by Grant Thornton found that the business model of M101 Nominees was not sustainable on the basis that M Core noteholders were investing for periods of six or 12 months while the company's loan agreement (with Eleuthera, another ...
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