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Showing 1 - 10 of 10067 results for "Trust"

More aggressive than ever: ASIC defends First Guardian investigation

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
ASIC was pulled up by the Senate Economics Committee over the time it has taken to act against Falcon Capital, the responsible entity for the collapsed First Guardian Master Fund. ASIC chair Sarah Court, attending the first parliamentary committee after ...

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... licensee owners down by two, including Evans Dixon, Rhombus Enterprises, Macquarie Group, Clime Group and the Mancell Family Trust (FYG Planners). A tail of 23 licensee owners was down by net one each.

Perpetual acquires majority stake in Interfi

VINNY VUCAGO  |  FRIDAY, 5 JUN 2026
... technology provider Interfi Systems. Perpetual said the acquisition will strengthen the digital capabilities of its Corporate Trust business while continuing to reduce debt. The ASX-listed financial services group said the transaction aligns with its ...

Raiz names new chief executive

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary. Brendan Malone left the top job on May 29 and remains on gardening leave until 29 May 2027. Keary commenced ...

ART to employ more First Nations members into its workforce

MATTHEW WAI  |  WEDNESDAY, 3 JUN 2026
Australian Retirement Trust (ART) has launched its second Innovate Reconciliation Action Plan (RAP), highlighting initiatives the super fund will complete by the end of 2028, including setting up a First Nations workforce target. The Innovate RAP builds ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... achieved 3.2% p.a. while its benchmark made 3.7% and 2.2% respectively. Separately, the Trinetra Emerging Markets Growth Trust will wind up on June 15. Perpetual's The Trust Company, as responsible entity, and Trinetra Investment Management, as the investment ...

Pengana raises $150m for AI-focused LIT

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
... exceeding the initial target amount of $100 million. Pengana is targeting a maximum raise of $350 million. The listed investment trust, which will be called AIX, invests primarily in large, privately held AI and AI-related businesses and holds between ...

J.P. Morgan AM awarded fresh portfolio structuring mandate

MATTHEW WAI  |  TUESDAY, 2 JUN 2026
J.P. Morgan Asset Management (JPMAM) has secured a mandate to implement portfolio structural capabilities for improved operational and cost efficiency for Findex Group. Findex currently manages approximately $8.5 billion under its managed discretionary ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... additional pressure on the Commonwealth Director of Public Prosecutions. Looking ahead, he identified maintaining public trust, balancing enforcement with regulatory reform, reducing regulatory complexity and adapting to technological change as key priorities ...

ART pumps $3bn in Australian property funds

ELIZA BAVIN  |  MONDAY, 1 JUN 2026
Australian Retirement Trust (ART) has made its largest annual investment in Australian property, investing $3 billion across six local funds. ART said the investments will help develop housing supply, new offices and jobs-generating industrial land ...
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