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

Search Results

Showing 1041 - 1050 of 3114 results for "November 2008"

Investec AM rebrands

ALLY SELBY  |  TUESDAY, 17 MAR 2020
Investec Asset Management has completed its demerger from Investec Group today and officially rebranded, in what it says is the final step to becoming an independent global asset manager. Now known as Ninety One, the firm's shares will list today on ...

Westpac hit with another class action

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
Westpac confirmed it has been hit with another class action relating to the AUSTRAC scandal. The class action, brought by Johnson Winter & Slattery, has been filed on behalf of certain shareholders who acquired interest in Westpac securities or equity ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Around half of complaints received about superannuation are to do with account administration issues, according to latest data from AFCA. The Australian Financial Complaints Authority's (AFCA) Datacube revealed out of the 2220 complaints received about ...

J.P. Morgan offloads Melbourne properties

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
J.P. Morgan is moving to divest two Melbourne-based properties as vacancy rates in Melbourne fall to record lows. The two properties include St Collins Lane mall and a Southbank office tower known as Twenty8 Freshwater Place. The asset manager bought ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Raiz Invest said it is well placed to manage volatile market conditions because it collects both management and funds under management (FUM) fees from its customers. Raiz chief executive George Lucas said 66% of the company's revenue is generated ...

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
Morningstar will acquire a Canadian financial planning and risk-profiling software firm, in a bid to expand its advice capabilities world-wide. Morningstar has acquired PlanPlus Global, whose FinaMetrica Profiler risk software is currently available ...

Industry fund winds up infrastructure option

JAMIE WILLIAMSON  |  TUESDAY, 3 MAR 2020
A $6.5 billion industry superannuation fund is closing its unlisted infrastructure investment option due to lack of scale. Following a review of its offering, Media Super recently notified members it is closing its unlisted infrastructure option on ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
TAL has lost a group insurance mandate following a comprehensive review by the super fund's trustee. Members of Freedom of Choice, an offering under the AMG Super umbrella, have been notified that TAL will no longer provide their group insurance ...