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

Search Results

Showing 91 - 100 of 461 results for "SKY"

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary. The SA Venture Capital Fund (SAVCF) appointed Blue Sky Venture Capital in 2017 as its manager. It is now looking ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service. The ASX-listed platform's FUA shot up 108% in FY19 as a result of launching the Virtual Managed ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... ASX-listed Rural Funds Group (ASX: RFF), for running "scams" on investors in the same vein that led to the demise of Blue Sky (ASX: BLA). RFF is in the business of leasing agricultural properties and equipment, such as almond orchards, poultry, cattle ...

Shorting doesn't have to be risky: Solaris

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
... shorting that tends to get press attention. "The activist shorts up in my neck of the woods in Brisbane - Corporate Travel, Blue Sky and Glaucus - get a lot of attention. That technique can be really effective but it's much higher risk," Martin said. ...

Advisers struggle with untapped SMSF market

KARREN VERGARA  |  FRIDAY, 12 JUL 2019
The demand for self-managed superannuation fund advice has stagnated over the last decade, while overall satisfaction with financial planners has declined to a seven-year low. This is according to Vanguard and Investment Trends' March 2019 SMSF Report ...

Downsizer contributions skyrocket

KARREN VERGARA  |  TUESDAY, 9 JUL 2019
The superannuation industry has reaped an additional $1 billion since the downsizer contribution was introduced one year ago. More than 4200 individuals have used the downsizer measure, according to Federal Treasury figures. Older Australians living ...

Group life premiums topple benefits paid: Research

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2019
The amount of premiums group insurers charge have outweighed benefit payments by a whopping $21 billion over the last five years, Rainmaker analysis reveals. Using APRA data of industry and retail superannuation funds and their respective life insurers ...

Blue Sky dissolves chief executive role

KANIKA SOOD  |  TUESDAY, 11 JUN 2019
Blue Sky is bidding farewell to its chief executive, after a strategic assessment determined the role "is no longer required". Joel Cann left the organisation effective Friday, less than two months after he joined the company. Cann joined from property ...

Rising costs outpace retiree savings

KARREN VERGARA  |  FRIDAY, 24 MAY 2019
The savings of retirees can't keep up with the skyrocketing costs of goods and services, a retirement index shows. The Association of Superannuation Funds of Australia's Retirement Standard for the March quarter estimates retired couples need ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... ASX-listed alternatives fund manager was placed in receivership this morning, as its financier exercised its rights after Blue Sky breached a term of its $50 million loan facility. Oaktree Capital Management has appointed restructuring specialist KordaMentha's ...