Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 28822 results for "Australian"

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... allocated to private debt is estimated to be around US$1.7 trillion globally, of which $200 billion is estimated to be Australian. The new Alternative Debt Fund will be a standalone strategy that can be accessed by members of AMP's Super Fund invested ...

ATO introduces trust taxation changes

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
The Australian Taxation Office (ATO) has announced income tax reporting changes under the Modernisation of Trust Administration Systems (MTAS) that will come into effect on July 1. For beneficiaries of a trust, there will be a new trust income schedule ...

Australian Retirement Trust wraps up AvSuper merger

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Australian Retirement Trust (ART) has completed its merger with AvSuper after the two super funds formalised negotiations in February 2023. The $280 billion industry superannuation giant has gained 4800 new members and added $2.43 billion in funds under ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
... institutional inflows of $200 million. Its global equities strategy FUM decreased $600 million, while its infrastructure and Australian equities strategies both retracted by $200 million, respectively. Magellan's share price rose 1.14%, marking a 27.38% ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
With 20 years of experience spanning the finance, healthcare and government sectors, Natalie Kelly was appointed finance chief after serving in an interim capacity since March. Kelly joined the $82 billion industry super fund after Sally Collins quit ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... becoming aware of activity associated with unscrupulous cold calling for superannuation switching business models." The Australian Institute of Superannuation Trustees (AIST), which is now Super Members Council (SMC), has advocated for the banning of ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
The Financial Services Council (FSC) continues to expand into financial advice by taking on a digital advice association that flagged its formation one year ago. The Digital Advice Expert Group is now part of the FSC, founded by moneyGPS chief executive ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... equity. The Dexus Real Estate Partnership 2 (DREP2) fund is the second in a series of closed-ended funds targeting Australian real estate opportunities. The fund seeks to provide institutional and wholesale investors with enhanced returns through exposure ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... unitholder communications, the funds Fidelity will potentially offer as active ETFs include the Fidelity Asia Fund, Fidelity Australian Opportunities Fund, Fidelity Global Future Leaders Fund, and the Fidelity India Fund. The Fidelity Asia Fund first ...

ASIC prevails in landmark case against BPS Financial

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
... guilty of offering 'Qoin Wallet,' a non-cash payment facility that used the 'Qoin' cryptocurrency token, without an Australian Financial Services Licence (AFSL). ASIC chair Joe Longo said this was a significant ruling as the first court outcome against ...