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

Search Results

Showing 1081 - 1090 of 3875 results for "August"

Super fund tops up Tribeca mandate

KANIKA SOOD  |  FRIDAY, 11 SEP 2020
... instantaneous rating cuts from Zenith and Morningstar, and a $600 million outflow from a single institutional client. By August last year, the fund was down to $331 million - a third of its pre-April size. Liu took over as the sole portfolio manager ...

ASIC takes disqualification decision to Federal Court

ALLY SELBY  |  FRIDAY, 11 SEP 2020
... Federal Court of Australia. John Gilliland had his ASIC disqualification quashed by the Administrative Appeals Tribunal on August 5, two years after his original disqualification in August 2018. At the time, ASIC alleged that Gilliland, alongside another ...

Industry fund chief to step down

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... employer relations consultant; she rose up the ranks to become chief operating officer and the fund's chief executive in August 2016. BUSSQ chair Paula Masters said: "Linda leaves BUSSQ in strong shape, and well-placed to build on its record of above ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... 2021 and unchanged at 1.3% the year after. Preliminary estimates show Eurozone inflation falling by 0.2% in the year to August after rising by 0.4% in the previous month. The ECB's decision was less dovish than financial markets and economists expect ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... Leaders Balanced option from 10 July 2020. Further, the portfolio manager for the fund Kristen Le Mesurier resigned in August to take on a new role. In the wake of that, Darren Beesley and Fiona Manning were appointed as co-portfolio managers of the ...

FASEA adds exam sittings, approved subjects

ELIZA BAVIN  |  THURSDAY, 10 SEP 2020
... online. As at 30 June 2020, over 10,200 advisers have sat the exam with an average pass rate of 85% per exam. Results for the August 2020 exam sat by over 1500 advisers will be released by the end of September. FASEA has also confirmed its approval of ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous month. The August figure is even more spectacular when compared with the record low -66 points ...

MySuper products show resilience

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
August marked the fifth consecutive month of positive returns for MySuper products since the COVID-19 pandemic hit, recovering 70% of losses, new Rainmaker analysis shows. Last month generated a positive performance of about 1.7% for superannuation ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... of this year, and the OPEC+ cuts in production, sent oil prices higher. WTI oil prices soared to US$42.96 per barrel in August from the record low negative US$36.98 in April. Brent oil rocketed to US$46.01 from April's US$9.12 a barrel. Good as they ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... Link Group offers the best mid-term value, according to Credit Suisse's Diversified Financial Services Sector review for August 2020. The report reviewed the key operational trends in the diversified financials sector during the August 2020 reporting ...