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

Search Results

Showing 1101 - 1110 of 10539 results for "Close"

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... 1.37 million shares of Abacus common stock. The transaction is subject to Luxembourg regulatory approval and is expected to close in the coming months. PAC announced it made a US$34.25 million ($47m) investment in Carlisle in 2019, which equated to a ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The UK government plans to introduce a 'value for money' test for workplace pension schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more. A new Pension Schemes Bill, announced in a speech by King ...

Fidante divests Merlon stake

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
Fidante Partners has offloaded its interest in Merlon Capital Partners to the latter's principals and investment team. The divestment of Fidante's minority interest took effect on July 12, with Merlon alerting investors that the multi-boutique arrangement ...

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... head of ETF model portfolios in EMEA and APAC Kathleen Gallagher said the High Growth option will have an allocation of close to 90% to growth assets. She said this was in response to demand from advisers who were seeking a cost-effective portfolio for ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
Fiducian Portfolio Services has been slapped with additional licence conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test. APRA said it identified issues with the accuracy and completeness of data submitted ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
Aware Super announced it closed its fixed interest fund on June 11 citing a lack of demand for the product. The super fund said it regularly reviews its products and given demand for the Fixed Interest Fund, recent performance, and future performance ...

Global Credit Investments appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
Global Credit Investments (GCI) has appointed Ben Skilbeck as its new chief executive. Skilbeck joins GCI from PM Capital where he served as chief executive for nine years, driving strategy and operations. He will work closely with GCI co-founders Gavin ...

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
... The numbers show that we could see a breakout in chief executive pay levels in future. It will be critical that boards pay close attention and ensure performance hurdles are set at the right levels."

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ...