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Showing 1421 - 1430 of 4226 results for "FInancial Standard"

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... $85.04. Yesterday they hit a three-year low of $78.13. Marcus Today chief operating officer Chris Conway told Financial Standard it's Macquarie Group's global institutional standing that has seen its share price plummet. "Macquarie is just so ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... outlook for the full year to be between $116-120 million. Netwealth joint managing director Matt Heine told Financial Standard maintaining the cash rate at 0% would ensure the platform remains competitive. "Netwealth made the decision not to reduce cash ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... in response to the COVID-19 pandemic but existing customers will still be covered. A TAL spokesperson told Financial Standard : "TAL continues to provide cover in the event of a claim for COVID-19.New customers purchasing TAL policies will be covered ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... [working on] the wholesale business about two years ago but this is the hard launch, in 2020," Gunawan told Financial Standard. Gunawan joined Mirae about two years ago from Allan Gray and Orbis to lead wholesale distribution. He ended up taking over ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... significant increase in their usage. Trading volumes are 30 times higher than average trading volumes," Vynokur told Financial Standard yesterday. "The liquidity has been fantastic. We are seeing trading of over a $100 million every day in these ETFs. ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... component of $7.2 million and a cash component of $0.8 million. Euroz executive chair Andrew McKenzie told Financial Standard the business has no plans to look for another multi-boutique partnership. "I would say that we liked the strategy, we tried ...

Industry fund awards infrastructure mandate

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
... portfolio. As a result, we made a commitment to the Brookfield Infrastructure Fund IV last year," Macready told Financial Standard. "This year we have made a commitment to the First Sentier European Diversified Infrastructure Fund III. Across these portfolios ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... Colonial's geared options recorded impressive returns for the 12 months to November 2019. Earlier this year, Financial Standard revealed CFS' options took out the first eight positions in the top 10 geared retirement and superannuation funds ...

FASEA rethinks CPD, provides exam update

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... for the for the current year given how many seminars and conferences have been cancelled. A spokesperson told Financial Standard FASEA is preparing a statement on the issue. The spokesperson noted that FASEA does not have effective control over the CPD ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... markets today, which have risen despite a history of following US moves. Kyle Rodda, market analyst at IG told Financial Standard we should refrain from thinking this is the case. "Volatility is currently at GFC highs, which is leading to exaggerated ...