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

Search Results

Showing 1051 - 1060 of 2259 results for Mark Smith

Financial services export industry must rival iron ore

MARK SMITH  |  THURSDAY, 7 AUG 2014
Australia needs to significantly grow its financial services export industry over the next decade to ensure future employment and economic growth, chairman of the Financial Services Council Greg Cooper said in his opening address to delegates at the ...

Australia at heart of new Asia-centric world order

MARK SMITH  |  THURSDAY, 7 AUG 2014
Australia will be one of the countries most impacted by the seismic shift which will put Asia at the centre of a new world order. That is the opinion of the dean of the Lee Kuan Yew School of Public Policy at the National University of Singapore and ...

FSC Conference: Industry urged to prepare for Asia Passport pilot

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
Though barriers to widespread adoption still exist, the funds management industry must be well prepared for the impending pilot version of the Asia Region Funds Passport if the long-term existence of the scheme is to be guaranteed. That was the consensus ...

FSC Conference: Experts forecast FSI outcomes

MARK SMITH  |  WEDNESDAY, 6 AUG 2014
Disincentives to take super lump sums, a more powerful regulator and a rethink of cross border regulation are among the recommendations Ernst & Young executive director Greg Chipman believes will come out of the Financial System Inquiry (FSI). Chipman ...

360 Capital launches AREIT fund

MARK SMITH  |  TUESDAY, 5 AUG 2014
Property fund manager 360 Capital Group has launched its first product under its new property securities business. The 360 Capital AREIT Fund is an unlisted managed investment scheme available to both retail and institutional investors and will invest ...

Super fund trustees say manager fees too high

MARK SMITH  |  FRIDAY, 1 AUG 2014
More than 40% of super fund investment trustees believe fund managers will need to trim their fees to remain competitive. A However, just 6% of managers agree. The figures came from two corresponding surveys conducted by Frontier Advisors. The consultant ...

BOQ completes acquisition of specialist Investec business

MARK SMITH  |  FRIDAY, 1 AUG 2014
BOQ has officially completed its acquisition of Investec Australia's professional finance and asset Finance & leasing businesses. The asset finance & leasing business will merge with the existing BOQ Finance team. "This acquisition expands our business ...

Boost from Chinese stimulus to be short-lived

MARK SMITH  |  TUESDAY, 29 JUL 2014
Goldman Sachs' investment management division has lowered its suggested allocation to emerging markets as the Chinese economy struggles to transition from a focus on exports to a focus on domestic consumption. Dr Jiming Ha, vice chairman and chief investment ...

WAM Capital posts record profit

MARK SMITH  |  TUESDAY, 29 JUL 2014
Wilson Asset Management's listed investment company, WAM Capital, has reported a record profit pre-tax profit of $90.5 million for the 12 months to 30 June following strong investment performance. The figure represents a rise of 68.8% on last year. ...

ASX agrees to changes after ASIC review

MARK SMITH  |  MONDAY, 28 JUL 2014
The Australian Securities Exchange (ASX) has agreed to make changes to its operations to address a number of issues highlighted by the Australian Securities and Investments Commission (ASIC) in a recent review. The changes will affect the way the ASX ...