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

Search Results

Showing 11631 - 11640 of 21784 results for "Dec"

Magellan adds infrastructure specialist

MARK SMITH  |  FRIDAY, 14 AUG 2015
Magellan Financial Group has appointed a senior portfolio manager to its global infrastructure team. Stephen Mentzines joins the fund manager from ASX-listed Sydney Airport, where he was chief financial officer. Before that he was with Macquarie Group ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
The Reserve Bank's two-pronged monetary easing measures look to have come to an end but our central bankers will remain watchful of the currency, according to Goldman Sachs Asset Management executive director and global fixed income portfolio manager ...

Fiducian acquires second Sydney practice

LAURA MILLAN  |  THURSDAY, 13 AUG 2015
Fiducian Group has acquired a Sydney-based financial planning business, its second acquisition in one month. Fiducian paid $2.4 million in cash and shares and the financial planners will relocate into the group's premises. The acquisition brings an ...

Difficult year for insurance income: CBA

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
Commonwealth Bank chief executive Ian Narev said it had been a difficult year for life insurance income and more work needs to be done to make its product attractive. Yesterday the bank announced a $9.1 billion cash profit for the past financial year ...

NAB's Redpoint wins industry fund mandate

ALEX BURKE  |  THURSDAY, 13 AUG 2015
NAB partner Redpoint Investment Management has been awarded a mandate with an industry super fund. Intrust Super chief executive Brendan O'Farrell said the new relationship with Redpoint will be "central to the ongoing success of our investment strategy. ...

Berkeley scientist develops game for advice clients

MARK SMITH  |  THURSDAY, 13 AUG 2015
Capital Preferences has designed a new tool to help financial advisers better understand their clients' and, in turn, help them make better investment decisions, with the help of a scientist from the University of California, Berkeley. The financial ...

PBOC does an SNB

BENJAMIN ONG  |  THURSDAY, 13 AUG 2015
Look ma, China's central bank must have read the piece I've written yesterday morning calling their 1.9% devaluation a mere speck. The People's Bank of China (PBOC) topped it up with another devaluation of 1.6% by the afternoon for a grand total of ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
Commonwealth Bank recorded a $9.1 billion cash profit in the last financial year with its wealth management arm the only division to see a profit drop. The bank's total cash profit was a 5.3% increase on the previous year yet its wealth management profits ...

Findex appoints former ANZ exec

ALEX BURKE  |  WEDNESDAY, 12 AUG 2015
Findex has appointed a new global head of business development. Peter Gardiner joins the advice group from ANZ, where he was head of origination, corporate bank. Commenting on the appointment, Findex chief executive Spiro Paule said, "Peter has deep ...

Regulation is not the only answer: Herbert Smith Freehills

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
The word governance only appears nine times in the Wallace report, but 48 times in the Murray report, and many more times than that in the Cooper report. "Everything gets blamed on poor governance," Herbert Smith Freehills and university lecturer Scott ...