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

Search Results

Showing 1101 - 1110 of 4123 results for "Nov"

Vanguard fund hits US$1trn

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
A Vanguard equities fund ended November with $1.3 trillion in total assets, in an unprecedented feat in funds management. The Vanguard Total Stock Market Index Fund has been around since 1992 and follows a passive style of investing, with turnover rate ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
Cashwerkz has appointed a chair for its Fund Income business, as its first pick of Fortlake Asset Management hits $300 million in assets. Peter Coad will be a non-executive chair for Fund Income in addition to the previously-announced risk committee ...

Real estate proves resilience: CoreLogic

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
The residential real estate market has proved resilient in the face of the economic shutdown caused by COVID-19, according to CoreLogic's 2020 Best of the Best report. Australia's $7.2 trillion real estate market was upheld by the top end, with luxury ...

OneVue expands access on Xplan

ANNABELLE DICKSON  |  THURSDAY, 17 DEC 2020
The platform will increase the access to managed funds through quoted managed funds and distribution by integrating with Iress' Xplan. The announcement comes after the completion of Iress' acquisition of OneVue last month and will give access to quoted ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
The Fed's final act for the pandemic year 2020 was inaction. At the conclusion of its December FOMC meeting, the US Federal Reserve said: "The Committee decided to keep the target range for the federal funds rate at zero to 0.25% and expects it ...

Godfrey Pembroke firm jumps ship

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
A second advice practice has left the MLC Wealth dealer group ahead of the merger with IOOF. Venture Financial Advisers has joined Count Financial as a member firm, following Ascent Private Wealth's transition to CountPlus from Godfrey Pembroke in November. ...

Australia in China's shadow

BENJAMIN ONG  |  WEDNESDAY, 16 DEC 2020
"Convince your enemy that he will gain very little by attacking you; this will diminish his enthusiasm" - Sun Tzu, The Art of War It would be surprising and un-Chinese for China not to heed the prescriptions of one of its famous son, Sun Tzu - a military ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
Fund managers reaped $211 million in revenue from listing their strategies in ASX's ETF marketplace in the year to September, with BetaShares taking the biggest slice. BetaShares came out on the top, ringing up $46.8 million in revenue (or a 22% ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for ...

Investment scams most profitable

ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
Australians falling victim to scams rose around 20% in November, with investment scams taking the most money from consumers at around $9.5 million, according to the ACCC. In November, money lost to all types of scams rose to $18.7 million, up 20.2% ...