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

Search Results

Showing 1221 - 1230 of 6475 results for "September"

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... marginally better performance than benchmark since inception. However, its returns ticked up in the three years ending September where it did 4.65% better than the index p.a. AMP Capital last restructured its Australian equities offering in 2017, when ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... that during his period of disqualification, Fuoco continued to manage Financial Circle between 21 August 2017 and 5 September 2018. The Commonwealth Director of Public Prosecutions is prosecuting the matters following a referral from ASIC. The charges ...

Australians drain $35bn from super

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... half of the year were very likely to access it again in the second half. Industry Super Australia (ISA) said data in September showed over 600,000 Australians have drained their retirement savings all together. Whilst the $35 billion milestone was surpassed ...

CountPlus to continue acquisition spree

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
... to this, CountPlus provided an update on client remediation matters relating to its subsidiary Count Financial. As at September 30, there are 1732 Count Financial client remediation matters as assessed by Commonwealth Bank with the bank providing $1.735 ...

Pinnacle boutique to shut fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... 2017. It takes tactical positions in global stocks, fixed income, currency, commodity and volatility markets. Returns at September end were -12.79% for the year, -6.14% p.a. over two years and -5.81% p.a. since inception. The three-year old boutique ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... investors it would wind up the fund. US-based Copper Rock Capital Partners was appointed the manager to the fund in September 2016, nine years into the fund's life. "...[Copper Rock] the investment manager of the [fund]...has made the decision to ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
Commonwealth Bank of Australia reported a decrease in cash profit down for the September quarter due to lower margins and higher expenses. The preliminary figures show cash profits down 16% to $1.8 billion on the same period in the previous year. The ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... manufacturing index jumped to 56.3 in October - the first reading indicating expansion in three months - from 49.3 in September, driven by gains in production, new orders, sales and exports. The AiG performance of services index also swung back into ...

Clime chief executive steps down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... executive of Clime Investment Management has resigned with immediate effect. Rod Bristow had been in the position since September 2018, having joined from Macrovue. Bristow oversaw significant growth for the company, including the $5 million acquisition ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... was advised by Minter Ellison. With Channel, the firm will have 14 affiliates with combined assets of US$75 billion at September end. "As our first transaction in Australia, one of the world's largest pension markets, we jumped at the chance to support ...