Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 904 results for %22ADM Capital%22

ASIC bans director who promised 150% returns

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... from providing financial advice or being involved in a financial services business. Creigh is the director of Panacea Capital. He operated the Panacea Capital Cryptocurrency Investment Fund (Crypto Fund) between April 2021 and June 2022. ASIC found Creigh ...

Iress sells mortgages arm to Bain Capital

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
Iress will sell its UK mortgages business to Bain Capital for $164.3 million before costs. The financial software firm said the sale is a big step in its ongoing transformation strategy to sell-off non-core assets. The net proceeds from the sale will ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... initiatives. Based on the UK's system, the grid affects the banking, credit, insurance, superannuation, investment, payments, and capital market entities. ASIC, APRA, the Australian Competition and Consumer Commission (ACCC), Reserve Bank of Australia ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... small-to-medium enterprise clients employing 1.5 million. Ironically, Hostplus, which is an avid investor in start-ups and venture capital, has a stake in Employment Hero. Hostplus is also worried that WMPs will negatively influence employees post-onboarding. ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC has succeeded in its case against RM Capital, which the court found failed to take reasonable steps to prevent its authorised representative accepting conflicted remuneration. On the February 29, the Federal Court found that RM Capital's authorised ...

VanEck establishes foothold in Brisbane

ANDREW MCKEAN  |  TUESDAY, 27 FEB 2024
... among financial advisers in the state. The investment manager also bolstered its Australian team with new investment and capital markets, and client coverage specialists. Deniz Kilic, previously with Prime Financial Planning, has joined VanEck's sales ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
... good economics that are fundamental and enduring, particularly favouring the "rare enterprise" that can deploy additional capital at high returns in the future. "Owning only one of these companies - and simply sitting tight - can deliver wealth almost ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... reported a $137 million loss in the first half of the 2024 financial year. It expects to gain $7 million in regulatory capital once the transaction finalises in April and will ultimately be used to retire debt. Iress chief executive Marcus Price said ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
... markets. "HSBC's ongoing investment has enabled Perennial to consolidate listed managed funds, unit trusts and venture capital and private asset administration into a single platform, facilitating an enhanced service experience for Perennial clients ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... gain momentum, growing its funds under management to $5.1 billion in the half. Elsewhere, its 36% stake in Barrenjoey Capital Partners and 16% interest in FinClear delivered a post-tax gain of $3.1 million - an impressive turnaround from the after-tax ...
PREVIOUS
NEXT