The latest issue of Financial Standard now available as an e-newspaper
Northern Trust chair defends Woodford loanBY ELIZABETH MCARTHUR, KANIKA SOOD | TUESDAY, 17 SEP 2019 12:08PM
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan.
Read more: Northern Trust, Woodford Patient Capital Trust, WPCT, LIBOR, Neil Woodford, IHS Markit, Link Fund Solutions, Michael O'Grady, Woodford Equity Income Fund
|Sponsored by Insight Investment|
Towards a perfect currency solution
A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|