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

Search Results

Showing 91 - 100 of 8928 results for "Major"

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... policies is $843 billion. It is followed by AIA with a 29.5% market share that covers 2.35 million policyholders. The other major players are MetLife, with a 12.1% share, MLC at 6.6%, QInsure with 4.8%, and Zurich at 4.4%.

Bond ETFs poised for growth in 2024: Vanguard

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
... who predominantly favoured domestic equities despite strong gains in global equity markets. Broad index ETFs investing in major ASX-listed companies boasted the largest the largest portion of equity inflows, even with the Australian share market's ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
The local ETF industry ended 2023 at an all-time high, with a total industry market capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
An overwhelming majority of experts and economists (89%) expect the Reserve Bank of Australia (RBA) to hold the cash rate in February, according to the latest Finder RBA Cash Rate Survey. The study, which surveyed 19 experts and economists, also found ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... increase in the level of performance fees, Pinnacle flagged that several factors could dampen the final half-year results. One major detractor is its $3.4 million write down of its stake in OpenInvest. This investment is now only worth $240,000. In 2021 ...

Stake names new chief executive

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... following Insignia Financials' takeover. The platform has some $2.9 billion in assets under administration and is backed by major investors such as Tiger Global and DST Global. Commenting on his move, Leibowitz said that given the extent to which "we've ...

Centrepoint Alliance chair resigns after four months

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... of group audit, risk and compliance committee, Georg Chmiel, to the top job. Chmiel, who is the co-founder and chair of major proptech group, Juwai-IQI Holdings, brings over three decades of experience to the role. In addition to being the non-executive ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional investment players such as BlackRock, Fidelity, Invesco, VanEck, Ark Investments, and Grayscale, opening the ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... and will miss many opportunities if they don't have professional advice." Finally, she said adviser numbers remain a major concern, saying there is no reason they couldn't exceed 100,000, like the accounting space. "We will be looking at ways ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... Panel's mandate to include the requirement for mega super funds to consider the interests of individual investors in major transactions. He noted that the Panel already has authority to protect stakeholders during takeovers and suggested legislative ...