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

Search Results

Showing 91 - 100 of 100+ results for "Class"

HUB24 completes Class acquisition

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
HUB24's acquisition of self-managed super fund technology provider Class has finalised. The platform announced the takeover in October 2021 and folded the technology firm into a new business unit this month. The acquisition saw Class chief executive ...

Challenger delivers strong result

ELIZABETH MCARTHUR  |  THURSDAY, 17 FEB 2022
Challenger delivered an upbeat half-year result, with assets under management and earnings growth. The company reported group assets under management of $115 billion, up 20%. Life sales were up 44% to $4.9 billion and life book growth was up 8.4% or ...

What fund selectors want: Natixis

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 FEB 2022
The latest Natixis Investment Management professional fund selector survey reveals what fund selectors at leading wealth management, private bank, and insurance platforms around the world are looking for. The survey asked 436 fund selectors what they ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... allows investors to control the downside risk of their investments, while having all the statistical benefits that the asset class offers to a portfolio approach to investing. "The problem affecting many sophisticated investors is how do you place a ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... added of OTR: "There is no demonstrated contrition for this underpayment." More than 1000 employees of OTR have formed a class action, claiming Shahin Enterprises is guilty of wage theft which could amount to $70 million. In an open letter, the OTR victims ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... exchange-traded product sector reveals. Rainmaker Information's latest ETP Report found that the Magellan Global Fund Open Class lost $737 million in the fourth quarter of last year. Accounting for the month of August, the fund lost nearly $1 billion. ...

GAM partners with Liberty Street

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
... investment team. GAM said this partnership will give clients access to private markets, traditionally a difficult asset class for non-institutional investors to get exposure to. "We are delighted to partner with Liberty Street to provide our clients ...

Class chief exits following takeover

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
The chief executive of Class will exit this month as HUB24 folds its newly acquired firm into a new business unit. Chief executive and managing director Andrew Russell is stepping down on February 16 and will remain an adviser until March 31. HUB24 ...

Mantis in new distribution partnership

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... asset backing and tax credits while still yielding significantly more than cash and term deposits." "TEPs are one such asset class, that until now have only been accessible to a handful of private investors/institutions. TEPs are uncorrelated to traditional ...