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

Search Results

Showing 101 - 110 of 2591 results for %22Friday%22

No new ASX 200 names this quarter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... is a part of the process." Other index providers have so far stuck to their rebalancing schedule. FTSE rebalanced last Friday and is due for the next one on May 31.

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its plans to delist six of them, telling investors that the funds were unlikely to become viable ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... over time attracted three boutiques: Dalton Street Capital, Flinders Investment Partners and Equus Point Capital. Last Friday, Euroz decided to stop funding Prodigy, taking the view that Prodigy had failed to reach sufficient scale, and industry headwinds ...

UniSuper suspends stock lending

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2020
... "We are only one fund... Of course, we are not privy to the thinking of other funds who lend their stock," he said. On Friday, the UK's Financial Conduct Authority temporarily prohibited short selling of certain Italian stocks in a bid to calm the ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... the number of trades allowed by "a number of large equity market participants" by 25% from the levels they executed on Friday (March 13), until further notice. ASIC said the steps were put in place to ensure the resilience of Australia's equity markets ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Sargon lender sends in voluntary administrators

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
Taiping Trustees on Friday appointed voluntary administrators for Sargon Capital and two Trimantium companies, in what could eventually decide Sargon's fate. Wexted Advisors' Andrew McCabe and Joseph Hayes were on March 6 appointed as the voluntary ...

Fidelity sweeps Morningstar Australia Awards

KANIKA SOOD  |  MONDAY, 2 MAR 2020
... active managers in the multi-asset category. The awards were spread across eight categories, with the winners announced last Friday. Fidelity International, led in Australia by Alva Devoy, was named the overall fund manager of the year, beating Pinnacle ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
"Coronavirus spreads to 33 countries in nine days" "The coronavirus crisis has deepened over the weekend, with the number of countries affected climbing past 60 and the death toll hitting 3000." So goes another grim headline from Associated Press which ...

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... Partners is terminating its last-standing retail fund as assets dwindle, but will continue to manage institutional money. Last Friday, investors in the Kinetic Emerging Companies Fund were notified of the retail fund's termination. Annual reports show ...