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

Search Results

Showing 1251 - 1260 of 6475 results for "September"

Lift in financial services jobs

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... signs of recovery, particularly in the financial services industry, which recorded a 21% rise in hiring activity in the September quarter. Overall, the job market rose by 15% mostly driven by the demand for casual employment, according to Sunsuper's ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
New research from Rainmaker Information shows which licensees added the most advisers in the 12 months to September end. And which AFSLs have the biggest market share. Overall, there were 19,357 advisers attached to an AFSL at September end, down 2597 ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... Pinnacle Investment Management raked in $1.7 billion of net inflows from institutional clients in the three months to September - nearly 80% of its total haul from the segment in all of FY20. Macoun said the firm saw inflows resume in May and June, returning ...

Chief economist update: Not out of the woods

BENJAMIN ONG  |  FRIDAY, 30 OCT 2020
... US Bureau of Economic Analysis (BEA) reported that the country's GDP increased at annualised rate of 33.1% in the September 2020 quarter following the previous quarter's 31.4% decline, beating market expectations for a 31.0% gain. As per the ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... certainty that a transaction will eventuate," AMP said. "AMP continues to progress its portfolio review announced on 2 September 2020. AMP has received significant interest in its assets and businesses and is assessing a range of options in a considered ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... excess return each year. Today's announcements come after a late-August review of LIT structure at Evans & Dixon. As at September end, the firm had four LITs trading on the ASX, with a combined market cap of about $580 million. The smallest of these ...

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... The announcement came as part of IOOF's quarterly business update, which showed FUMA is now at $202.8 billion as at September 30. The company said net inflows from its advice business of $110 million, excluding $450 million flow from IOOF aligned licensees ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
... he found out about the issues that led to his resignation. Former deputy chair Crennan said in his statement that in September 2020 he was first told of external advice about the Australian National Audit Office's (ANAO) position concerning the rental ...

Jarden continues Australian expansion

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... president. The New Zealand firm referred to its first round of hires as a "heavyweight Australian research team". In September, Frank Sarks joined Jarden Australia as director of institutional equities after 16 years with Macquarie. Reeny Paraskeva joined ...

Chief economist update: The recession is over

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2020
... governor Guy Debelle implicitly told a Senate Estimates virtual hearing when he said :"At the moment it looks like the September quarter for the country probably recorded positive growth rather than slightly negative." The Australian economy fulfilled ...