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

Search Results

Showing 101 - 110 of 696 results for "Virtu"

Life insurer wins RAC mandate

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
A boutique life insurer has won a mandate from the Royal Automobile Club of Western Australia. NobleOak chief executive Anthony Brown said the partnership is an important strategic milestone for the insurer. "Distribution agreements with strategic partners ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
Link Group posted a $163 million net profit loss in its full-year results which it attributed to an impairment charge in its banking and credit management (BCM) division. The administration software business recorded a non-cash impairment charge of ...

North educational hub registers 5000 users

KARREN VERGARA  |  MONDAY, 23 AUG 2021
AMP North's education hub has clocked up more than 5000 attendees since launching last year. North's virtual educationHUB has held seven education series and over 70 webinars covering more than 25 topics. The topics cover professional and personal development ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
The platform recorded net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year. In its full-year results, Netwealth posted a 23.9% increase in net profit to $54.1 million. ...

Government passes continuous disclosure changes

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
The government yesterday passed changes to Corporations Act that loosens disclosure requirements for companies, while also introducing legislation to make virtual AGMs permanent. Under the amendment, companies and directors will be liable for continuous ...

Praemium improves non-custodial solution

ANNABELLE DICKSON  |  WEDNESDAY, 21 JUL 2021
The platform has made changes to its artificial intelligence capabilities to improve the user experience of its $140 billion non-custodial Virtual Managed Account solution. Praemium has expanded machine learning which has been able to identify transactions ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
The upward revision to Japan's March quarter GDP growth - to an annualised rate of 3.9% (from the preliminary estimate of 5.1%) - provides cold comfort to an economy that remains stuck in a rut and continues to reel from the coronavirus pandemic. ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
The government has introduced draft exposure legislation that will allow companies to use technology in meetings while satisfying the Corporations Act 2001 requirements. These reforms make the temporary measures put in place during the COVID-19 pandemic ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
Disappointing. This is the one word that describes the latest batch of activity indicators out of China. The National Bureau of Statistics (NBS) released retail sales, industrial production and fixed asset investment that were still stronger than usual ...