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

Search Results

Showing 1071 - 1080 of 14210 results for "Interest"

The transferrable skills for advisers who changed careers

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... thing," he said. Carmichael joined the police force at the age of 19, serving in Melbourne and regional Victoria. His interest in investing and wanting to help other people with their financial circumstances led him to study financial advice in 2008 ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... including Netwealth, uXchange, Mason Stevens, Hub24 and BT Panorama, Praemium and AMP North," he said. "I have watched with interest as the group has expanded into alternative assets, including dairy farms and retirement villages, showing that its active ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

Rising HNW numbers fuel need for specialist advice

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... specific needs and preferences." In terms of investment strategy, the report shows there has been a marked increase in interest in private market investments. Some 146,000 HNW investors are currently invested in the space, while a further 32,000 plan ...

AI could see emerging markets flourish: Experts

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
... Henderson Investors noted, underpinned by the rise of artificial intelligence. Institutional investors are showing a keen interest in the development of innovative technologies in EM, specifically on the artificial intelligence (AI) front. Daniel Grana ...

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN  |  WEDNESDAY, 11 SEP 2024
... same level of financial support' as a payment into their super accounts is disingenuous," she said. "Due to compound interest, the impact on a woman's finances is $7500 at retirement not simply the $2900. This proposal does not contribute towards ...

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... Portfolio benchmark (15.13%) - which reflects the results of a low-cost, passive portfolio of 80% equities and 20% fixed interest. But it has outperformed this benchmark by 1.46% per annum or $17 billion since inception. NZ Super Fund chief executive ...

VanEck to launch defence ETF

ANDREW MCKEAN  |  MONDAY, 9 SEP 2024
VanEck will list a global defence exchange-traded fund (ETF) this Thursday on the ASX. The VanEck Global Defence ETF (ASX: DFND) will offer exposure to a portfolio of companies across sectors such as aerospace and defence, and electronics equipment ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... representatives." In November 2022, the court ordered AMPFP to pay $814,944.76 by way of damages and $151,138.42 for interest to sample group members Equity Financial, and $115,533.51 for damages and $17,177.84 for interest to WealthStone. Following ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... that the Shield Master Fund is not being managed in the best interests of investors as there appear to be "conflicts of interest and breaches of trusts", citing that the value of the fund's assets do not match the value of investments made. However ...