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

Search Results

Showing 91 - 100 of 291 results for "Recording"

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
IOOF announced funds under management grew 34% in the third quarter to $195.6 billion, despite recording a negative impact from its advice and investment management arms. The company said it recorded net outflows of $262 million from its financial advice ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the S&P 500 recording a new monthly high just yesterday. In Wednesday's trade, the Dow Jones fell 1.86%, the S&P 500 shed 2.2%, and the Nasdaq ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... the world, with 119,588 who have died from the virus. It comes as the US overtakes Italy's death toll from COVID-19, recording more than 20,000 deaths from the virus over the weekend. In Australia, 6394 people have been diagnosed with COVID-19, while ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... Nasdaq Composite lost 0.33%. The volatility index is now trading up 3.23% at 46.7 points. The falls come despite New York recording its third day straight of coronavirus cases below-peak levels. Even with these decreases, the Governor of New York Andrew ...

Bell FG appoints director, releases FY results

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... University of Technology Sydney in its business school. It comes as Bell Financial Group releases its full year results, recording a profit (after tax) of $32.4 million; an increase of 33%. The group's revenue increased by 16% in the same period, hitting ...

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
... management jumping by 5% from the end of September to 31 December. Its infrastructure and real assets arm, MIRA, also grew, recording a 2% jump to finish the quarter at $137.5 billion in equity under management. Meanwhile, Macquarie Capital tallied 109 ...

DIY SMSF platform launched

ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
... no sense for people running a super fund to pay an accountant - sometimes well over a $1000 - for basic transaction recording when they can do most of it themselves," Bain said. DIYSOL aims to record fund transactions and produce the necessary reports ...

Continued calls for code compliance extension

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... still be necessary from 2020 at this stage. "This ASIC relief for licensees was purely relief from registration and recording. Compliance with the Code still applies for financial planners from January 1," Marshan said. "This creates an issue given the ...

Deloitte, TAL partner on AI

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
TAL and Deloitte have announced a partnership to deploy a regtech solution using artificial intelligence (AI) and voice recognition on its phone-based sales in a bid to ensure better customer outcomes. TAL said the solution will be used on 100% of its ...

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... billion last financial year to $973.1 billion in FUM. Netwealth had the strongest growth in retail managed funds FUM, recording a 29.1% boost. That was distantly followed by IOOF (5.1%), Commonwealth/Colonial First State (4.3%) and Mercer (3.9%). BT ...