Australia's Fiducian Group falls due to regulatory action

Fiducian

03/10/2025 01:34

** Shares of Fiducian Group FID.AX fall as much as 1.7% to A$12.950, lowest since September 26

** Australia's corporate regulator says the financial services firm's unit engaged in misleading conduct about its environmental, social and governance fund

     ** The company said it is reviewing the allegations and court documents

** Stock currently down 0.2%, bringing YTD gains to 51.3%

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))