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

Search Results

Showing 1161 - 1170 of 3157 results for "Times"

Pengana merger pays off for WHSP

JAMIE WILLIAMSON  |  THURSDAY, 20 SEP 2018
... Ordinaries Accumulation Index by 12.6%)," he said. "Over the past 15 years, an investment in WHSP has increased by more than five times while the index has increased by less than three times. "The company lifted its dividend for the 18th straight year ...

ETFs now at $41.5 billion

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... $106 million these creations were possibly for an unnamed institutional investor who swelled the A200'S size by four times in one allocation in August, Financial Standard reported. The highest redemptions were from the now $3.7 billion SPDR S&P/ASX ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... them by AMP. In response, AMP said it is committed to acting in the best interests of its superannuation members at all times and acting in accordance with legal and regulatory obligations. "We understand the proposed class action may be related to issues ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
... Practice Forum on Managed Accounts in Melbourne this morning. "We think advice businesses will sell at a multiple of 0.75 times the revenue in five years, down from the two or 2.5 that they are selling for currently," Association of Independently Owned ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according to ClearView chief actuary ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... have traditionally been religion, international aid and welfare but environment has quickly risen to fourth spot in recent times. Private or public ancillary funds (PAFs), as well as community foundations, have increased their philanthropic market share ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
Institutional investors are increasingly turning to exchange-traded funds in times of volatility, using them as a price discovery tool and to trade risk. Speaking at the Financial Standard Best Practice ETF Forum in Sydney yesterday, BlackRock Investment ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
... Instruments Directive (MiFID II) and General Data Protection Regulation (GDPR) have impacted firm's capabilities in recent times. This is in addition to wider geopolitical uncertainty, RBC said. Meanwhile, 15% cited rising costs and a further 15% highlighted ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... he added. For example, revenue stemming from risk clients under 55-years-old now have a recurring revenue multiple of 2.5 times to 3.2 times, down from 3.5x. Investment and superannuation clients aged 80 years old have a recurring revenue multiple of ...

OneVue posts solid earnings, fund services stands out

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... in analyst conference. OneVue's superannuation admin business now has $4.4 billion in funds under administration, up four times from June 2016. The year saw OneVue grab its spot as the fourth largest superannuation member administrator in Australia ...