australian securities exchange

AUSTRALIAN SECURITIES EXCHANGE

Funds management

IPO Wealth surges to $75m in investments

Australian investment manager, IPO Wealth has passed the $75 million mark in capital raised for its IPO Wealth Fund....

Life/Risk

Freedom Insurance hits life sales, liquidity issues

Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...

People & Products

Leadership team changes at Perpetual

Perpetual has announced changes to its leadership on the back of an internal promotion and the creation of a Chief Risk Officer role....

Funds management

WAM confirms BAF proposal, announces future appointments

Wilson Asset Management has confirmed its intention to execute its management proposal to the Blue Sky Alternative Access Fund Limited....

Funds management

Allan Gray pushes for ASX change

The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....

Policy & Regulation

AMP corrects $1.185 billion RC remediation figure

AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....

Policy & Regulation

UBS Securities hit with $120,000 penalty

UBS Securities has been slapped with a $120,000 penalty by the regulator’s Markets Disciplinary Panel after it had reasonable grounds to believe that UBS contravened mark...

Funds management

Qualitas raises over $230m

Qualitas has announced that its Real Estate Income Fund has managed to raise more than $230 million....

Funds management

Charitable fund launches on ASX

Hearts and Minds Investments has started trading on the Australian Securities Exchange after closing its $500 million initial public offering. ...

Funds management

BetaShares Legg Mason income active ETFs recommended by Zenith

Zenith has assigned a ‘recommended’ rating to BetaShares Legg Mason income active exchange-traded funds....

Funds management

Century Australia, WAM Leaders to merge

Century Australia Investments and WAM Leaders have entered into an agreement under which WAM leaders will acquire 100 per cent of Century’s shares....

Life/Risk

Completion of Suncorp life sale to TAL delayed

It will be early next year before Suncorp completes the sale of its life insurance business to TAL....

Life/Risk

AMP claims vindication on Resolution transaction

AMP Limited has pointed to an Australian Securities Exchange decision as vindicating the nature of its insurance sale transaction with Resolution Life....