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

Search Results

Showing 1261 - 1270 of 3879 results for "February"

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... was the only well-performing boutique. It returned 6.2% above the benchmark S&P/ASX Small Ords in the 12 months ending February end. It is managed by Andrew Mouchacca and Richard Macdougall, both of whom had previously worked at Contango. Equus Point ...

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... at 31 December 2019." AMP said that all credit ratings assigned to AMP by other ratings agencies remain unchanged. In February last year Moody's downgraded the insurance financial strength rating of AMP Life but left unchanged the ratings of AMP ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... an end has increased. Just have a look at the sharp dive the latest Markit Economics JP Morgan Global PMI has taken in February. Sorry, but that's all the data I have available on Factset. But according to JP Morgan, the index dropped form 52.2 in ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... breaches of the ASIC Derivative Transactions (Reporting) Rules 2013 (ASIC Rules) by AMP Life between August 2015 and February 2018 and by AMP Capital between March 2016 and September 2018," ASIC said. The infringement notices relate to ASIC rules requiring ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... breaches of the ASIC Derivative Transactions (Reporting) Rules 2013 (ASIC Rules) by AMP Life between August 2015 and February 2018 and by AMP Capital between March 2016 and September 2018," ASIC said. The infringement notices relate to ASIC rules requiring ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... cumulative return data, the fund's balanced option returned a result of approximately -13.3% over the period between February 20 - when the market peaked - and March 12, when the ASX200 closed at 5304. Over that time the Australian share ASX 200 ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
... indication of where other economies are headed. Industrial production dropped by 13.5% (year-on-year) in the January-February period following a 6.9% expansion in December. Fixed asset investment plunged by 24.5% over the same period (following a 5.4% ...

Aussie ETF industry contracts

ALLY SELBY  |  MONDAY, 16 MAR 2020
Australian ETFs lost $2 billion in February as the industry contracted for the first time in more than a year amid fears of the spreading COVID-19 pandemic. According to BetaShares, the 3.1% month on month decline in funds under management was due entirely ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... Short (former chief financial officer), and Richard Barry (former chief marketing officer) continued throughout January, February, and early March 2018, to misrepresent the status of Toys 'R' Us financial condition and to urge vendors to ship ...

Panic selling to do more damage: Ord Minnett

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... result of irrational selling," Ord said. "The spreads on hybrids have blown out more than 330bps since their recent tights February 21, with the average gross trading margin sitting at 6.0% (2.65% in February)." Some of the recent market moves are part ...