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

Search Results

Showing 91 - 100 of 422 results for "Platinum"

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... all proceeds going to new charity partners, Feel the Magic, Fighting Chance, and Weave. This year's event is backed by platinum sponsors BlackRock, Challenger, and Ironbark, as well as gold sponsors, Australian Unity, AZ NGA, BT, Colonial First State ...

MA Financial Group expands research team

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... research team. Tweedie spent three years at the firm from 2018 before landing similar roles at Bennelong Equity Partners and Platinum Asset Management. Commenting on the appointments, Moelis Australia head of research Edward Day said Hissey and Tweedie ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... corporate deals. Other managers that lost significant amounts in their unit trusts were Magellan ($5.5bn), Ardea ($3.5bn) and Platinum ($2.7bn) because of disappointing performance. Vanguard lost $3.1 billion from its unit trust business but had positive ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
Platinum Asset Management has copped a $232 million loss to its net outflows over the 2023 financial year and told investors it only recorded performance fees of about $1 million. The asset manager reported $17.3 billion in funds under management (FUM) ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... investor and analyst sentiment. This time last year, Morningstar was confident that listed managers Magellan, Pinnacle and Platinum would overcome sporadic market selloffs and the "short-term noise". Magellan's troubles, for example, began in late 2021 ...

NEOS named Life Company of the Year

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
... The win for NEOS Life marks the first time in five years that the top gong hasn't gone to TAL. Alongside the overall platinum AFA Life Company of the Year award and individual product awards, offered in conjunction with Plan for Life, other categories ...

Active fund managers historically underperform: SPIVA

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... active fund managers continue to struggle not only over an extended period but in the current tumultuous environment. Platinum's earnings, for example, are exposed to equity market gyrations, ultimately earning a "high uncertainty" rating. "It sells ...

Hearts & Minds appoints chief investment officer

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2023
... fundamental equities business. He had been there since 2015. He has previously held investment roles with Perpetual, Platinum Asset Management, and Schroders. He also currently serves as chair of the Australian Fund Manager Awards Foundation and chair ...

Platinum Asset Management adds stewardship lead

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2023
Platinum Asset Management has hired a head of stewardship. Julia Bailey joins Platinum Asset Management from Melior Investment Management, where she was head of advocacy. Platinum head of investment Douglas Isles cited Bailey's almost 20 year-experience ...

Former financial adviser charged with fraud

CASSANDRA BALDINI  |  WEDNESDAY, 7 DEC 2022
... false off-market transfer forms to transfer shares in GPS Alliance Holdings Limited, BHP Billiton Limited and Aquarius Platinum Limited to himself and an associate. The transfers occurred without the knowledge or authority of the 14 owners of the shares. ...