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

Search Results

Showing 991 - 1000 of 6958 results for "March"

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
... show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets in MySuper products now sit at $927.9 billion as at the end ...

Australian dividends shatter pre-pandemic records: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
... Janus Henderson global dividend index shows that Australian dividends totalled $97.9 billion in the 12 months to the end of March 2022. This total broke through the pre-pandemic high watermark by 5.3%. The previous record of $93 billion was set in the ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... cooperated with Commission staff in its investigation. The Division of Enforcement's Climate and ESG Task Force was formed in March 2021, and among other things, it analyses disclosure and compliance issues relating to investment advisers' and funds' ...

Citi names new head of securities services

CASSANDRA BALDINI  |  MONDAY, 23 MAY 2022
... transformation and growth most notably, Citi Australia's client transfer agreement with RBC." The transfer was completed in March this year and saw 26 new clients and 140 new staff members added to the securities services team. Luet said the company ...

BUSSQ appoints new chair

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... continue with its existing structure, assuring members the fund is in safe hands. Three new directors were appointed in March in Geoff Baguley, Paul Hick and Taylor, then this month saw the return of former BUSSQ chief executive Linda Vickers as a director ...

ASIC bans financial adviser for five years

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
... financial adviser Walter Yaolong Guan has been banned for five years after operating without a licence. ASIC found that between March 2017 and August 2021, Guan, through his company Perennial Growth, carried on a financial services business when he traded ...

Record number of adviser graduates: Kaplan

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... Rainmaker Information analysis, the number of ASIC-registered financial advisers decreased by 15% in the 12 months to the end of March 2022;3075 advisers exited the industry in this period. Analysis of the ASIC Financial Adviser Register also showed ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... in the financial services industry. The survey found that most investors followed the advice of their adviser during the March 2022 downturn which Carroll said would've helped inform client decisions to stick with long-term investment plans in spite ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... Investors and three former senior portfolio managers over the "Structured Alpha" strategy that was exposed as fraudulent by the March 2020 crash. The fraud is believed to have started in January 2016. The SEC said the "immense downside risks" of the ...

Investors seek inflationary refuge in diversification strategies

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... niche alternatives such as trade finance which accounted for 34% of new searches in private markets in the 12 months to 31 March 2022. As was to be expected, real estate also experienced a resurgence of investor interest during the quarter. The sector ...