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

Search Results

Showing 1371 - 1380 of 29041 results for "PRI"

Former BBY chair charged with aiding dishonest conduct

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025
The former executive chair of defunct stockbroker BBY Limited is now facing charges in relation to BBY's misappropriation of client funds. Glenn Rosewall was charged with two offences related to aiding, abetting, counselling or producing BBY's dishonest ...

QIC to sell partial stake in US renewable energy financing platform

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Canadian pension fund La Caisse will acquire a stake in the QIC-backed Renewa, a renewable energy land financing company located in the US, for US$200 million ($307m). QIC acquired 100% ownership of Renewa in 2022. Texas-based Renewa operates as a platform ...

Australian Ethical promotes pair to accelerate growth

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
The ethical investment manager has promoted two executives to steer growth across its superannuation and investment management businesses. Maria Loyez has become the group executive of superannuation, while chief investment officer Ludovic Theau will ...

BlackRock sets new AUM record

KARREN VERGARA  |  WEDNESDAY, 16 JUL 2025
BlackRock's assets under management have ballooned to a record US$12.5 trillion in June, jumping 18% over the last 12 months. BlackRock chief executive Larry Fink said the fund manager's sustained growth has been powered by its whole portfolio ...

Most Hostplus options achieve double-digit returns

JAMIE WILLIAMSON  |  TUESDAY, 15 JUL 2025
Hostplus returned close to 11% to its MySuper members in FY25, while its popular Indexed Balanced option delivered just over 12%. The Hostplus Balanced (MySuper) option returned 10.81% to members, while the Indexed Balance option turned in 12.02%. Hostplus ...

HUB24 reports record $136bn FUA

KARREN VERGARA  |  TUESDAY, 15 JUL 2025
HUB24's total funds under administration (FUA) reached a record $136.4 billion at the end of June. Net inflows for the 2025 financial year were $19.8 billion, up 25% annually. Excluding the $4 billion of migrations during the period, net inflows ...

Pinnacle continues North America expansion with new recruit

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
The ASX-listed investment manager has appointed a head of Canada, welcoming an executive from T. Rowe Price to continue deepening its presence in the broader North American market. Based in Toronto, Jonathan Flegg has become Pinnacle Investment Management's ...

MA Financial gives $200m to legal finance platform

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
MA Financial Group is providing a $200 million warehouse facility to JustFund to provide wider access to legal assistance for those going through divorce or separation. JustFund offers flexible finance based on a person's "likely relationship settlement" ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
Zurich Australia is set to take on a major mandate from Australian Retirement Trust (ART) to provide insurance for its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate ...