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13 September 2022 • By Neil Griffiths • 1 min read

ASIC places stop orders on two managed funds

In response to deficiencies in the funds' target market determinations. ASIC has confirmed it has placed interim stop orders on the offer and ...

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RBA to front new Economics Committee this week

Going ahead this week. The Reserve Bank (RBA) will front the House of Representatives Standing Committee on Economics later this week; the first ...

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Atlas Arteria disregards IFM's warning, completes Chicago Skyway acquisition

Despite being instructed by one of its largest shareholders to walk away from the deal, Atlas Arteria confirmed on Tuesday that it has acquired a ...

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ASX, business community caught off guard by public holiday announcement

The Prime Minister has announced a one-off public holiday as the nation remembers the life of Queen Elizabeth II, but businesses – big and small – ...

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Crypto and climate-related financial risks force change in prudential architecture

APRA has outlined its intentions to modernise the prudential architecture.  Australian Prudential Regulation Authority (APRA) has embarked on a ...

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Cbus Super announces new head of responsible investment

The fund has confirmed the move this week. Cbus Super has announced the appointment of Ros McKay as it's new head of responsible investment. Ms ...

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IFM instructs Atlas Arteria to ‘immediately’ drop latest purchase plans

The power of super funds is on full display with a not-so-subtle warning directed at Atlas Arteria.  IFM Investors has threatened Atlas Arteria ...

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Nearly 1 in 2 investors concerned with ‘subjective’ definition of sustainable investing

More than a third of investors feel there is a trade-off between investing sustainably and good returns.  While almost two in three (60 per cent) ...

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Former stockbroking firm head charged with obtaining financial advantage by deception

ASIC has confirmed the charges. A former head of operations at stockbroking firm BBY Limited (BBY) — now in voluntary administration — has been ...

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Soaring interest rates drag down super returns

Following a strong July, super funds suffered negative returns in August. The median balanced super fund option delivered a negative return of -0.5 ...

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