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Showing 21 - 30 of 9715 results for "May 2014"

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

REIT returns to come back strong: Expert

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
Real estate has not been the most sought-after asset in the wake of a higher interest rate environment globally, but times are changing according to one expert. Dexus Global REIT Fund portfolio manager David Kruth told Financial Standard that while ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
Former Sunshine Coast financial adviser Brett Gordon has been permanently banned from providing financial services and engaging in credit activities following his conviction for fraud offences last month. This prohibition extends to any role within ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The former director of DanFX, an unlicensed foreign exchange trading business, has been sentenced to seven years and three months imprisonment for fraud. Daniel Farook Ali was sentenced in the Brisbane District Court after an investigation by the Australian ...

Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Chinese housing market could soon see some much needed stabilisation after the government unveiled new stimulus measures. T. Rowe Price portfolio manager for Asia credit bond strategy Sheldon Chan and chief emerging markets macro strategist Chris ...

APRA hits Mercer with additional licence conditions

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Mercer Super to ensure it addresses risk management and compliance management deficiencies identified by the regulator. The risk management and compliance ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
Lendlease will abandon its global international construction operations as part of a broader restructure that will make nearly 3000 workers redundant over the next 18 months. The ASX-listed firm today announced it will solely focus on its development ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
The global chief executive of abrdn will step down at the end of June after four years in the top job. Stephen Bird and the board of abrdn "have together agreed that it is the right time for Stephen to hand over the reins to the team" effective June ...

KKR forms exclusive partnership with Capital Group

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
KKR and Capital Group have formed an exclusive strategic alliance to democratise hybrid public-private market investment solutions across multiple asset classes, geographies, and channels. The first strategies, slated to launch in the US next year ...

Fidelity confirms active ETFs to launch in coming weeks

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
After receiving approval from unitholders to create a new class of units for several of its funds, Fidelity International will launch four active ETFs by June 3. Earlier this month, Financial Standard reported Fidelity's plans to expand its range of ...