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

Search Results

Showing 1201 - 1210 of 8240 results for "June"

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
... sheet settings remain strong, and we are well advanced on our FY22 term wholesale funding task with $34 billion raised by end June," he said. "Investments to deliver simpler, more digital experiences for customers and colleagues are supporting balanced ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... reports. The regulator announced its sizeable list on Friday and said the prosecutions took place between January 2022 and June 2022. ASIC acted against the Blackgold International Holdings Pty Ltd which was convicted and fined $7,500 for failing to ...

TIP Group launches first UK fund

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... the retail Teaminvest Access Fund which, as previously reported by Financial Standard, was acquired from Burman Invest in June. Recently, TIP Group has also made several key hires. This month TIP named Rachel Swift as chief strategy officer; she is leading ...

BlackRock shutters Russia ETF

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
... said. On March 1, BlackRock suspended the creation of new shares in the fund. It went into a trading halt on March 4 and, on June 1, its underlying index was terminated. The fund was established in November 2010. It's reported that at its peak in 2018 ...

Activus SMAs now available to more advisers

JAMIE WILLIAMSON  |  FRIDAY, 5 AUG 2022
... growing demand from financial advisers for access. While the Activ-ator Balanced Portfolio returned -5.50% for the year to June 30, over three years it's seen a return of 7.61%, he said. "The core part of Activus' investment philosophy is being nimble ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... Magellan's retail FUM increased slightly in the month to $22.6 billion, while institutional FUM dipped $1.5 billion - in June it dropped $3.5 billion. Australian equities FUM increased in the month of July from $7.9 billion to $8.3 billion FUM. Infrastructure ...

Adviser banned over early release scheme

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... decision by the Administrative Appeals Tribunal. In doing so, he sought to keep the ban and cancellation confidential. On June 28, the AAT ordered there should be no stay, nor that his ban or AFSL cancellation should be confidential. The AAT's review ...

VFMC names head of equities

JAMIE WILLIAMSON  |  TUESDAY, 2 AUG 2022
... the promotion of Mark Aarons to head of investment risk and absolute returns. A new chief operating officer was named in June in Lucy Carr and Paul Shanley was appointed chief finance and risk officer. Meanwhile, Leanne Taylor joined in March as head ...

Aware Super adds infrastructure portfolio manager

ELIZABETH FRY  |  FRIDAY, 29 JUL 2022
... Funds Management, where he did a short stint as a partner and head of origination following his departure from AMP Capital in June 2021. Zhou worked for AMP Capital for 11 years, most recently as principal, infrastructure equity. Commenting on the appointment ...

Federal Reserve delivers 0.75bp rate rise

ANDREW MCKEAN  |  THURSDAY, 28 JUL 2022
... underlying aggregate demand remains solid. Meanwhile, inflation remains well above the Federal Reserve's long term 2% target. In June, the 12-month change in the consumer price index (CPI) came in above expectations at 9.1% and the change in the core ...