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

Search Results

Showing 1021 - 1030 of 16663 results for "The Australian"

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
The Australian Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court to freeze the assets of the Shield Master Fund (Shield), a registered managed fund overseen by Keystone Asset Management. ASIC said it sought ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... portfolio's volatility. The underlying solution has returned 46.17% since inception in July 2023. However, the Australian fund's performance will differ from the underlying solution due to factors such as fees, taxes, and currency fluctuations specific ...

Average super balances fall

ELIZA BAVIN  |  TUESDAY, 18 JUN 2024
... the 2021-22 financial year revealed the average superannuation balance fell from $170,000 in 2020-21 to $164,000. The Australian Taxation Office (ATO) released its annual taxation statistics report, showing the total tax revenue collected by the ATO ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... chief executive and managing director of Asia Pacific Arian Neiron said the firm is pleased to bring Bitcoin to the Australian market as a regulated financial product on the ASX. "Notwithstanding that crypto investing is a polarising topic, we recognise ...

NRF appoints inaugural chief investment officer

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... Manning will oversee investment strategy and portfolio management for the $15 billion fund, which was set up by the Australian government in September 2023 to diversify and transform Australia's industry and economy. Previously a portfolio manager ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... Commonwealth Bank of Australia and Macquarie Asset Management. During his seven years at Macquarie he sat with the Australian Origination team developing and managing structured financial products. At CBA, he ran pricing, acquisition and retention strategies ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

AFCA seeks industry feedback on approaches

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback from the financial services industry on its proposed annual Approach document schedule for financial year 2024-2025. AFCA Approach documents support consumers, small businesses ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
The Australian Securities and Investments Commission (ASIC) has issued an interim stop order preventing Hirehood from offering securities under its crowd-sourced funding (CSF) offer document. The CSF was published on the VentureCrowd intermediary platform. ...

Super Members Council renews calls for anti-hawking extension

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2024
... sub-set of financial advisers using social media posts and cold calling to drum up business. Prior to its merger, the Australian Institute of Superannuation Trustees (AIST) was lobbying for anti-hawking legislation to be extended to include financial ...