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

Search Results

Showing 1451 - 1460 of 7223 results for "Record"

Record inflows for HUB24

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
HUB24 has reported record platform inflows for the December quarter of the financial year. HUB24 saw platform net inflows of $3.6 billion during the quarter, including $349 million transitioned from externally administered legacy IOOF private labels ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... Morgain said the need to address the obscene ramifications of inequality, including poverty, had never been more urgent. "The record-breaking nature of the growth in their wealth means that while many have been pushed to the brink, billionaires have ...

Strongest quarter for BlackRock

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... Fink said. The $540 billion of inflows represents 6% organic asset growth and 11% organic base fee growth, facilitated by record flows into BlackRock's iShares ETFs and as well as its active strategies. The record organic growth for BlackRock means a ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
Global investment platform Praemium has released key results in the December 2021 quarter, boasting record total funds under administration on both a domestic and intentional front. Key milestones from the quarterly report include inflows of $1.25 billion,including ...

200% more ESG investments from sovereign funds

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
New data suggests sovereign wealth funds globally increased their commitments to ESG investments by 215.27% between 2020 and 2021. The amount sovereign wealth funds have invested in ESG strategies surged from US$7.2 billion to $22.7 billion. Over the ...

Tough quarter for Pendal

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients. Pendal reported funds under management for the December quarter at $135.7 billion, down on $139.2 billion the previous quarter. Contributing ...

DIY investors embrace Meta Platforms

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... inflation and higher interest rates. The Bank of England became the first major central bank last month to raise rates from record lows, while the US Federal Reserve has warned investors to expect up to three rate rises this year. Despite that, electric ...

ETFs had best year in 2021: Vanguard

CHLOE WALKER  |  THURSDAY, 13 JAN 2022
The Australian ETF industry saw its best year on record in 2021 with $25.9 billion in cash flows and $134 billion in assets under management. Vanguard data revealed that investor flows into ETFs increased by 28% in 2021 in the face of ongoing COVID-related ...

One million visits to YourSuper comparison tool

ELIZABETH MCARTHUR  |  FRIDAY, 7 JAN 2022
Minister for superannuation Jane Hume has lauded the government's YourSuper comparison tool as a success, with one million visits. "Australians are taking charge of their own super like never before thanks to reforms passed by the Morrison government," ...

ASIC bans adviser for two years

CHLOE WALKER  |  WEDNESDAY, 22 DEC 2021
ASIC has banned Sydney-based financial adviser Christopher Betalli from providing financial services for two years. Betalli has been banned from providing financial services for two years. Following a review by the corporate regulator, Betalli, who ...