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

Search Results

Showing 1081 - 1090 of 3209 results for "Power"

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... with WAM Active or its associates." In addition, Bolton asked the court ban WAM and its associates from using its voting power to control the proposed ASIC sale of the shares, saying: "An order that none of WAM Active or its associates may take into ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... procedures in place to ensure ongoing compliance with their licensee obligations." Under the Corporations Act, ASIC has the power to cancel or suspend an AFS licence if a licensee fails to meet its obligations. Under the terms of the licence cancellation ...

Let's not waste the crisis

ALLY SELBY  |  THURSDAY, 28 MAY 2020
... - so too has it exposed the collective capabilities of the global economy, the benefits of clear communication, and the power of rapid digitisation. Australian Ethical chief executive John McMurdo explained that while much of the focus over recent years ...

Calastone inks JP Morgan deal

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
JP Morgan Asset Management's trading and analytics platform is set to be powered by the automation capabilities of Calastone, after the two firms formed a partnership. Calastone has added the business of JP Morgan Asset Management to its money markets ...

Government offers guidance provision relief

HARRISON WORLEY  |  TUESDAY, 26 MAY 2020
... price sensitive information to the market". The government is able to make the changes by utilising the instrument-making power within the Act as part of its response to the pandemic. "The heightened level of uncertainty around companies' future prospects ...

Chief economist update: Japan reopens for business

BENJAMIN ONG  |  TUESDAY, 26 MAY 2020
It was a magnificent Monday, 25 May 2020, for Japan for on this day Prime Minister Shinzo Abe declared the country's state of emergency over. We salute you our Japanese brothers and sisters, for Japan has flattened its coronavirus curve despite ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
The COVID-19 pandemic was both a curse and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March ...

MLC launches new advice business

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... acting group executive, advice Geoff Rogers said. "These challenging times have shown the true value of relationships and the power of community, and the advice industry is enduring extraordinary change. By establishing opportunities to connect with ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
The head of global asset allocation at Janus Henderson has sounded the alarm on risk assets, warning the rally seen in April has so far ignored the threat of economic tailwinds from the COVID-19 pandemic. Janus Henderson's Ashwin Alankar warned investors ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
... auditor about the financial requirements of its AFS licence," the regulator said. "Under the Corporations Act, ASIC has the power to suspend or cancel an AFS licence if a licensee does not comply with the law, or if ASIC has reason to believe a licensee ...