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

Search Results

Showing 1451 - 1460 of 17566 results for "Report"

Highest paid ASX 200 chief executives revealed

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
The Australian Council of Superannuation Investors (ACSI) has disclosed the highest paid ASX 200 chief executives based on realised pay, which includes the value of cash and equity received. ResMed chief executive Mick Farrell topped the list with a ...

Bitcoin ETF price war: VanEck, Monochrome cut costs

ANDREW MCKEAN  |  FRIDAY, 12 JUL 2024
VanEck has cut the management fee for its Bitcoin ETF (ASX: VBTC) to 0.49% per annum, just days after Monochrome Asset Management made a change. The ETF provider said the decision followed more than $18 million flowing into the fund since its launch ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Total compensation for Dixon Advisory victims has reached $338.6 million as the Australian Financial Complaints Authority (AFCA) caps the total number of complainants at 2773. The Financial Advice Association Australia (FAAA) calculates that the financial ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Magellan's Global Fund (MGF) has converted to an open-class structure that will soon trade as an active exchange-traded fund (ETF) on the ASX. On July 10, the New South Wales Supreme Court approved to convert the fund from a closed-class unit to ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... lower-fee index funds. This comes as interest in more expensive active strategies appears to have weakened, according to an ISS report. The report highlighted that the growing market share of index funds - driven by the proliferation of exchange-traded ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia has moved up the ranks in the UBS Global Wealth Report, rising from third place to second in terms of median wealth per adult, sitting just below Luxembourg. In 2023 wealth growth across the world recovered from its 3% contraction the previous ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... months to June 30. Of these, over 880 were email queries received from advisers, up by 40% on the same period last year. The report found that there was a significant number of queries over the last six months for superannuation concessional contributions ...

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... direct shares topping the list," she said. Guiamatsia draws the insights from the latest Adviser Product and Marketing Needs Report, which also reveal that more advisers are looking to stay the course with their general approach to investment selection. ...

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
The Fiji National Provident Fund (FNPF) is seeking active fund managers to oversee two strategies. The country's superannuation fund is on the hunt for fund managers to invest on behalf of its Global Listed Developed Market Equity Strategy 1 and Global ...