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

Search Results

Showing 1321 - 1330 of 3232 results for "April 2016"

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
The last time we heard some sort of policy guidance from the Bank of Japan (BOJ) was in early February this year when governor Haruhiko Kuroda was quoted as saying that: "If (currency moves) are having an impact on the economy and prices, and if we ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
In the second half of last year ASIC brought criminal proceedings against nine individuals on 76 charges, with four people imprisoned as a result and $12.7 million imposed in civil penalties. ASIC also disqualified 28 directors and there were 72 instances ...

Platform provider wins mandate

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
An ASX-listed platform provider has won a mandate from a wealth firm for a new managed discretionary account service. Managed Accounts Holdings will work with First Point Wealth Management to set up an MDA service. The move comes as First Point Wealth ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
Just when we're just a handshake away from a Sino-US trade deal, another war on trade this way comes. US President Donald Trump must be wringing his hands at how he succeeded in making China kowtow - er, compromise - to his demands. Trump's ...

KPMG partner moves to GROW Super

KARREN VERGARA  |  MONDAY, 8 APR 2019
A former KPMG partner and superannuation expert is joining GROW Super as head of strategy in May. Adam Gee will lead GROW's development strategy here and overseas, as well as implement the TINA platform, GROW's blockchain-enabled technology for superannuation ...

Praemium loses major client

KARREN VERGARA  |  MONDAY, 8 APR 2019
Praemium has lost an Australian institutional client that contributed 8% to its revenue. ANZ Private made $4 million in revenue for Praemium during the 2018 calendar year. It will transition to new platform provider Netwealth from July 2019. While "it ...

Ironbark, Zurich shutter funds

KANIKA SOOD  |  FRIDAY, 5 APR 2019
Ironbark Asset Management and Zurich Investments are shutting down three funds after the Sydney boutique managing them said it will stop asset management operations in July. Denning Pryce managed about $270 million for Aussie investors in alternative ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
The prudential regulator's powers have been bolstered thanks to new laws that will enable it to take tougher action on trustees and underperforming funds. The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation ...

Powerwrap makes a move on IPO

KANIKA SOOD  |  FRIDAY, 5 APR 2019
Powerwrap is set to list on the stock exchange with a $73 million market cap after securing $15 million in commitments during its IPO. The offer was priced at 35 cents a share for 205 million shares. The 10-year-old platform has been privately owned ...

MGP looks inward for new leaders

HARRISON WORLEY  |  FRIDAY, 5 APR 2019
Managed Accounts Holdings has turned to internal candidates to fill a raft of positions in its executive and distribution teams. Current head of risk management, legal and compliance Craig Giffin has been promoted to chief risk officer. Giffin first ...