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

Search Results

Showing 12391 - 12400 of 29100 results for "PRI"

Assets mispriced by monetary policy: Nikko

ALEX BURKE  |  WEDNESDAY, 8 FEB 2017
Even as the world tilts back towards inflation and an emphasis on fiscal policy, assets appear to be priced for a lower-for-longer deflationary environment. Speaking at Nikko Asset Management's 2017 Market Outlook in Sydney, global head of multi-asset ...

DNR Capital adds two investment platforms

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Fund manager DNR Capital today announced that its Australian Equities High Conviction Fund will be available to financial advisers via two platforms. DNR Capital will make the fund available via investment platform Macquarie Wrap and super platform ...

HUB24 the fastest growing platform

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
HUB24 signed 10 new distribution agreements and welcomed 47 advisers to its platform over the December quarter as it continues an impressive growth strategy. The platform's quarterly business update showed a $1.8 billion (75%) surge in funds under administration ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
Federal laws which will affect the future of the financial planning industry passed the House of Representatives last night. The Corporations Amendment (Professional Standards of Financial Advisers) Bill, which was first introduced into Parliament in ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
The Commonwealth Bank will pay at least $23 million in compensation to customers found to have received inappropriate and costly financial advice. Promontory Financial Group confirmed it has completed all assessments of Commonwealth Financial Planning ...

Little pay, little spend

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
Data updates on Japan have been a mixture of good and bad in recent times. The latest stats on wages belong to the not so good ones, particularly with respect to the Bank of Japan's goal of reviving inflation in the economy. Average monthly cash earnings ...

RBA joins the bulls in central bank shop

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
As expected, and following the lead from the three big central banks - BOJ, Fed, BOE - that met last week, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% while at the same time offering a positive outlook on the global ...

DomaCom gets ASIC tick for bond crowdfunding

ALEX BURKE  |  TUESDAY, 7 FEB 2017
Fractional property investment firm DomaCom was given ASIC approval to extend its crowdfunding model to securities. DomaCom's Australian financial services licence has been varied so the company can now offer fractional investment in corporate bonds ...

Lazard hires former Bennelong CEO

ALEX BURKE  |  TUESDAY, 7 FEB 2017
Lazard Asset Management Pacific (Lazard) appointed a new managing director, head of sales. Paul Cuddy joins Lazard from Bennelong Australian Equity Partners, where he was co-founder and chief executive. Prior to co-founding BAEP in 2008, Cuddy was director ...

Rothschild snaps up former Goldman Sachs exec

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2017
In an expansion of its equity capital markets advisory business, a former Goldman Sachs executive will join Rothschild Global Advisory. Previously head of equities for Goldman Sachs' Australian and New Zealand business, David Acton has been appointed ...