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ASIC bans Global Merces Funds Management director

31 May 2021 • By Neil Griffiths • 1 min read

ASIC bans Global Merces Funds Management director

ASIC has issued a six-month ban to Holly Marie Grofski, director of Global Merces Funds Management Ltd (Global Merces). The ban “prohibits Ms ...

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Investor confidence increases to largest margin of 2021

Investor confidence is at a record high for 2021, according to State Street. The results of the local servicers’ Investor Confidence Index (ICI) ...

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New report gives insight into ‘blind spots’ of climate finance

A new report released this week has given insight into the “blind spots” of climate finance where uncertainty persists for investors

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ESG and active management driving change in portfolio construction trends

The rise of ESG and the breakdown of the traditional portfolio allocation have been contributed to a clear change in portfolio construction

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Regulator sues AMP for charging deceased customers

The corporate watchdog is launching civil proceedings against five companies associated with the AMP Limited group for allegedly charging life ...

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High-net-worth investors ‘optimistic’ about economy in 2021

New research from Citi Australia has found that high-net-worth investors are 2.5 times more optimistic about the economic outlook for 2021 than they ...

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Submissions open for Women in Finance Awards 2021

Nominations and submissions are now being accepted for the 28 categories of the fifth annual Women in Finance Awards. Hosted by Momentum Media, the ...

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CFO sentenced for market manipulation

The former CFO of a listed company has been sentenced to over three years’ imprisonment after pleading guilty to market manipulation and fraud

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Fortress Australia strategy ‘not a policy decision’

The Treasurer has attempted to walk back the gloomy scenarios painted in the budget around an uncertain vaccine roll-out and extended border closures, ...

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ASIC takes unlicensed fund manager to court

The corporate regulator has commenced legal action against a fund manager for operating unregistered managed investment schemes and issuing interests ...

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