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

Search Results

Showing 1031 - 1040 of 4631 results for "bond"

Goldman Sachs $1b corruption bill

ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
... bribes to Malaysian officials enabled Goldman Sachs to obtain lucrative business, including underwriting a US$6.5 billion bond offering for 1MDB. The profit hit comes as the bank recently revamped its reporting structure in hopes of allowing more visibility ...

HESTA names chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
The $53 billion superannuation fund has added its first chief risk and compliance officer, promoting from within. HESTA has announced the creation of a dedicated risk and compliance role on its executive leadership team, promoting Andrew Major to the ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
VanEck has launched a new model portfolio, set on generating income of at least 2% more per annum than the consumer price index. The ETF provider has drawn on research house Lonsec's portfolio construction expertise to strategically allocate assets ...

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The global economy is toeing a fine line between economic growth and recession, with a number of threats poised to disrupt the already tepid global rally. That's according to the latest report from the World Bank on the global economic outlook for 2020 ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
Under the FASEA Code of Ethics the amount of money an individual has to invest can no longer be relied upon to determine whether they are a sophisticated investor or not. Sophisticated investors are defined by ASIC's Money Smart as investors with a ...

Channel Capital nabs new distribution directors

ALLY SELBY  |  WEDNESDAY, 18 DEC 2019
A spokesperson for Channel Capital confirmed the appointment of two new directors to its distribution team, hiring from NAB and Pendal. Alana Carratelli and James Biggins will join Channel Capital in February after they serve out their gardening leave. ...

Industry fund awards mandates

KANIKA SOOD  |  TUESDAY, 17 DEC 2019
... allocations by themselves represent less than 1% of the fund's total assets, with room for ACSRF to top them up later. ACSRF's bond option, which is among the best performing bond superannuation fixed income offerings, is managed by Ardea, Coolabah ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
... bribes to Malaysian officials enabled Goldman Sachs to obtain lucrative business, including underwriting a US$6.5 billion bond offering for 1MDB. The SEC order found that Leissner received more than $62 million (US$43 million) for his role in facilitating ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
The responsible entity for the Australian Corporate Bond Trust has placed itself into voluntary administration. Theta Asset Management has appointed Worrells Solvency and Forensic Accountants as administrators of itself and Value Stream Investment Management. ...

Where to invest when a GFC looms

KANIKA SOOD  |  MONDAY, 16 DEC 2019
... leave their asset allocations on hold. Why the mismatch? Natixis said it could be simply because stocks are expensive and bond yields are low - leaving them no alternative places to invest. "The most likely rationale for staying put is simply the direct ...