The latest issue of Financial Standard now available as an e-newspaper
Ohanessian vindicated by record Praemium inflowsBY ALEX BURKE | FRIDAY, 7 JUL 2017 12:14PM
Praemium chief executive Michael Ohanessian, who was recently reappointed following a board spill, said the firm's record inflows in the June quarter represent a "tangible validation of our underlying growth strategy."
Read more: Praemium, Michael Ohanessian, Abercrombie Group, Australian Ethical, Barry Lewin, Daniel Lipshut, Financial Standard, Paradice Investment Management, Stuart Robertson
|Sponsored by Insight Investment|
Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|