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

Search Results

Showing 121 - 130 of 2062 results for "Let"

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have written a damning open letter to the ASX to address their increasing concern over the management of operational risk. In a joint letter to the ASX ...

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
... objectives," he said. "Hypothetical losses, for example, and some other issues. It troubles me, and I think that could, if let run, well and truly get away with us and build irreversible unsustainability..." Jones added that the government is moving ...

Active Super PM opens asset consultant

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... family offices and private wealth firms lack the specialised expertise and resources to conduct this level of due diligence, let alone build and maintain relationships with fund managers.. Moreover, he went on to say, they frequently struggle to access ...

AustralianSuper bins WiseTech stake

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
AustralianSuper has sold down the remainder of its already-trimmed WiseTech stake, alluding to concerns about how the company is handling its founder Richard White's role. The super fund held roughly $700 million in WiseTech shares, about 2.26% ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
ASIC is attempting to liquidate responsible entity Falcon Capital, wind up the First Guardian Master Fund, as well as impose a receiver and manager to director David Anderson's personal property. The regulator has put into motion the applications ...

'We're not going anywhere': SS&C serious about Aussie expansion

ELIZA BAVIN  |  FRIDAY, 7 MAR 2025
... advantage" of as much opportunity as it can, especially as super funds continue to diversify their investments. "We try not to let the grass grow under our feet. We're constantly engaging with the market, having meetings, explaining our technology ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
After its much derided rebrand did little good, abrdn will add back the three vowels it removed from its name in 2021. Overnight, it was announced that abrdn will be renamed aberdeen group and trade as aberdeen. In April 2021, Standard Life Aberdeen ...

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
US President Donald Trump has moved forward with tariffs on Mexico and Canada while doubling the 10% tariff imposed on Chinese imports in February. Canada and China have introduced their own retaliatory measures, further escalating trade tensions. Canadian ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

PGIM inks joint venture for 20 Bridge Street

JAMIE WILLIAMSON  |  THURSDAY, 13 FEB 2025
PGIM Real Estate is partnering with Anton Real Estate Partners to acquire 20 Bridge Street in the Sydney CBD - currently home to the ASX. Bought via the PGIM Real Estate Asia Pacific value-add strategy, the building is close to Circular Quay and key ...