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

Search Results

Showing 1221 - 1230 of 3537 results for "s. First"

US firm makes second bid for Aussie fund

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
A US-based investment giant has made a second bid for an Australian property fund with a $485 million takeover offer. Starwood Capital made the all-cash offer at $2.98 per unit for Australian Unity Office Fund (AOF) over a year after its first failed ...

Millennials not attracted to property

ALLY SELBY  |  WEDNESDAY, 29 JAN 2020
... latest analysis from Fidelity, which compared real (inflation-adjusted) residential property prices for Australia's first home buyers through the generations. Fidelity International cross-asset specialist Anthony Doyle said Boomers (born 1950) have ...

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
VanEck is set to list an active ETF that will invest in emerging markets bonds, with a target of 5% annual yield after fees. The VanEck Emerging Income Opportunities Active ETF (Managed Fund) (ASX: EBND) is expected to list on the ASX in February. The ...

SMSF platform makes $25m acquisition

ALLY SELBY  |  TUESDAY, 28 JAN 2020
An ASX-listed SMSF technology platform has dropped $25 million on its first acquisition, in a bid to reinforce its position as a technology leader. Class will acquire all of the shares in corporate compliance and documentation platform NowInfinity by ...

NGS Super sets up impact committee

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
The $11.7 billion superannuation fund has set up an internal impact committee to explore how it can make a positive impact in its operational spending. NGS Super's impact committee will focus on two key areas: social procurement and sustainability and ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
There's more bad news for us, Australians all. The Reserve Bank of Australia (RBA) will no longer cut the official cash rate by 25 basis points - to 0.5% - when it holds its first board meeting for 2020 on February 4. No Virginia, I didn't say ...

Super fund adds first operations lead

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2020
The longstanding operations lead at a major superannuation fund has resigned, taking on a newly created executive role at a much smaller industry fund. UniSuper's general manager, operations Steven Leach departed the fund this month after almost ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
AMP has responded to reports it is refunding fees charged to members into new AMP superannuation accounts opened without customers' knowledge or consent. Following a report by the ABC, AMP has confirmed it is depositing refunds owed to former customers ...

Zenith bolsters team, hints at expansion

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... appointed Zenith Investment Partners' first chief operating officer as the firm readies for growth. Jason Huddy will be Zenith's first chief operating officer - overseeing operational, change and process efficiency across the business. Huddy was most ...

Industry fund looks within for co-chair

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
An employer-nominated director of a $3.3 billion industry superannuation fund has been elevated to co-chair. Mike Radda is the new co-chair of First Super, the fund for the timber, pulp and paper, and furniture and joinery industries,. Radda's promotion ...