One of Western Australia’s biggest fund managers, Packer & Co, has spelled out the impact of Russian sanctions as it revealed a negative 1.2 per cent annual performance which still beat its benchmark markets.
A Perth businessman has failed in his bid to claw back $500,000 from financial advisor Gui De Castro and end a year-long legal battle over what he claims was a bungled investment deal.
Euroz Hartleys Group has announced a suite of appointments, with Fiona Kalaf joining its board of directors and Amanda Boyce and Ben Crossing taking senior executive roles.
A Mosman Park-based financial advisor has been charged with fraud after the corporate watchdog allegedly found he had stolen more than $1.8 million from clients.
A stockmarket trader who used the online chat forum HotCopper to ‘pump and dump’ shares faces the possibility of a long jail sentence after pleading guilty to 23 charges.
The corporate watchdog has torn up the licence of West Perth-based investment service Quattro Capital Group and barred director Grant Gibson over its ties to embattled investor Mayfair 101.
Perth-based financial advisory firm PMM Group and property entity My Two Boys will be wound up, almost one year after investors lobbed $2 million in claims against them.
One of Australia’s top corporate dealmakers, Jarden’s Aidan Allen, has splashed $4.2 million on a house in Perth but we’re told he is not moving west. It’s for holidays.
Liquidators for Forex Capital Trading released their investigation report, finding that the company’s former customers have incurred a loss of at least $77.5 million.
Euroz Hartleys has discontinued its lawsuit against four former employees it claimed had stolen confidential data before moving to competitor Canaccord Genuity.
Poynton Stavrianou has laid claim to being Perth’s largest fully-independent investment bank after appointing a new director and reporting growth in its operations.
Perth-based financial advisory firm PMM Group has mounted a $2.8 million legal claim against the company of Perth businessman Rodney Charles Carter over an alleged share sale gone wrong.