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

Search Results

Showing 1391 - 1400 of 34270 results for "Financial"

Platinum executives depart amid merger talks

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
... memories of clients and staff," Meanwhile, Brooks has landed at Atrium, the investment management arm of Fitzpatricks Financial Group. Reporting to Atrium investment chief Tony Edwards, Charlie Brooks will take on the newly created position of client ...

Praemium scores mandate, sees FUA rise $6bn

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
Praemium's administration solution Scope+ has been selected by Bell Financial Group to administer more than 2200 client portfolios. The partnership will see Praemium's funds under administration (FUA) grow by $6 billion to around $68 billion ...

Platinum, L1 merger to help fight 'organic business decline'

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... Platinum shareholders. The merged business will be led by current Platinum chief executive Jeff Peters, while current chief financial officer Andrew Stannard and chief operating officer Joel Arber will remain in their roles. While the group will be rebranded ...

Northern Trust selected to test tokenised asset uses

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... responsible testing of tokenised asset transactions, in some cases using CBDCs, between participants and a limited number of financial institutions in the coming months. ASIC said it has previously provided individual relief of a similar nature to participants ...

Netwealth sees $15.8bn in net flows

ELIZA BAVIN  |  THURSDAY, 10 JUL 2025
... a 13% increase for FY25. Netwealth said FUA inflows were driven by consistently high transition rates from existing financial intermediaries, and strong conversion rates of new business from a broad range of client groups and segments. However, FUA outflows ...

Most traded stocks in the first half of the year revealed

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
... included Westpac, Commonwealth Bank, Fortescue, and Appen. This saw retail investors' largest portfolio holdings at financial year end as Commonwealth Bank, Westpac, National Australia Bank, BHP and Wesfarmers, AUSIEX said. Meanwhile, the most bought ...

ETF market breaks through $280bn

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
The Australian ETF market ended the financial year on a record high, reaching $280 billion in total assets under management (AUM), steered by top performing ETFs across the defence and gold mining sectors. There were 36 new exchange trade products (ETPs) ...

ASIC bans advisers for dodgy Shield Master Fund advice

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Two former MWL Financial Services financial advisers who invested clients' superannuation in the Shield Master Fund have copped bans from the regulator. Matthew Simon Bradley has ceased working in financial services for eight years after ASIC found ...

Brighter Super default members earn 11% in FY25

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
Brighter Super's MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term. The latest result outpaced the three-, five- and 10-year time horizons of 10.3% p.a., 8.2% p.a. and 7.2% p.a. respectively. ...

GQG assets hit record high despite underperformance

KARREN VERGARA  |  WEDNESDAY, 9 JUL 2025
GQG Partners' assets jumped $4 billion to reach a record high of US$172.4 billion for the 2025 financial year despite experiencing "short-term relative underperformance". "We have continued to position our portfolios defensively, and as a result ...