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

Search Results

Showing 51 - 60 of 8348 results for %22ASX%22

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Iress has offloaded its platform business with $4 billion in funds under advice (FUA) to another ASX-listed firm. Praemium will soon be the new owner of Iress's OneVue Platform Business (IOPB), agreeing to pay $1 million in cash and an additional ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
ASX has unveiled the pricing for its first corporate bond; a $275 million issue of floating rate, unsecured medium-term notes. This issuance falls under its newly established Medium Term Notes Programme, dated 18 August 2023. The Notes have a coupon ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... will be used to reduce the debt and that will be significant to our leverage," Price said. Following its announcement to the ASX, Iress' share price declined 5.85% as of 1pm.

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than 10%, the median SMSF decreased by only 1%; comparatively, the median APRA-regulated super fund ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... investors can now gain access to the unhedged Claremont Global Fund (CGUN) and the hedged Claremont Global Fund (CGHE) on the ASX. Claremont Global head and co-portfolio manager Bob Desmond said its decision to target the retail market is due to the ...

Prime to acquire boutique fund manager

KARREN VERGARA  |  MONDAY, 12 FEB 2024
Prime Financial Group is set to acquire a boutique alternatives asset manager and will pay up to $4.5 million. The ASX-listed firm entered into an agreement to buy Altor Capital which has a staff of seven based in Brisbane. Prime will pay an initial ...

SIX launches share platform

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... Future Super, and Sophie Hall, an experienced product designer and startup adviser who was previously the product lead at ASX-listed Whispir. "What we're offering is the ability for anyone to join a shareholder activism campaign to Australia's ...

GQG Partners records US$127bn FUM

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
... billion FUM in the same period last year. GQG also saw net inflows totalling US$1.9 billion year-to-date. Following its latest ASX update, GQG shares surged 6.4% to $2.09. GQG experienced month-to-month FUM growth across all of its core equity strategies. ...

Betashares to launch Nasdaq ETFs

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
The Australian fund manager expects to launch two new Nasdaq ETFs on the ASX later this month, as new data shows more financial advisers than ever are using them in client portfolios. The Betashares Nasdaq Next Gen 100 ETF (JNDQ) will invest in the ...

Clime avoids board spill

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... arrangements could not be questioned at the Meeting of shareholders because neither Mr McLay nor Mr Pynes attended". The EGM cost the ASX-listed firm between $30,000 to $35,000. "Further, significant board and management time was consumed by the preparation ...