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

Search Results

Showing 1481 - 1490 of 9412 results for "Level"

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... significantly more data to APRA, across all superannuation product and investment options; currently, it only publishes product-level data for MySuper products. Now, APRA wants to begin publishing that enhanced data collection and, in a new discussion ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... former client St. James's Place walked away with a $23 billion mandate last December, along with churn at the executive level, and the face of Magellan, Hamish Douglass, taking an indefinite leave of absence. "We understand the culmination of these ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
Netwealth reported a mixed half year result with increased profits, a higher dividend but also higher expenses. The platform reported total revenue of $84.7 million, which was up 17.1% on the previous corresponding period. Netwealth said it had "strategically ...

Zerocap unveils new bitcoin fund

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... Bitcoin and a cash equivalent digital asset to accurately control the swings in the price of Bitcoin to a predetermined level." In October last year, Zerocap's bitcoin ventures were sponsored by The Victor Smorgon Group (VSG). "Our world leading custody ...

Mason Stevens builds on distribution capabilities

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
Mason Stevens has appointed a new sales director for NSW and ACT, hiring from HUB24. Ben Lemmon has joined the platform provider in the role, based in Sydney. In the new role he is responsible for managing client relationships and sourcing new business ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
Despite reporting record growth in revenue and funds under administration, Praemium failed to make a profit in the half-year to December. The platform's revenue increased by 25% to $39.2 million, while total FUA increased by 43% to $49 billion. ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... billion. Meanwhile, about $1.5 billion was seen in net flows and the ASX ETF trading value hit the second highest monthly level on record at $10.3 billion, an increase of 26%. "As the industry has matured, we have increasingly seen very strong trading ...

AMP Capital unveils new name

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... chief financial officer Nadine Lennie, who joins in April. "As a demerged entity, Collimate Capital will provide a greater level of independence, stability and accountability to further enable the delivery of superior results for all of our investors ...

Foundation rolls out financial literacy program for students

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
Ecstra Foundation has launched a financial education program for schools, to help Australian students learn key money lessons early on. Ecstra's 'Talk Money' program is available for students from years five to 10, offering classroom workshops delivered ...

BTC Markets appoints chief operating officer

CHLOE WALKER  |  WEDNESDAY, 9 FEB 2022
BTC Markets has announced the appointment of Anna Clive as chief operating officer. Clive brings experience both as an executive and transformational leader with ASX listed and privately held companies across media, technology (SaaS), retail, finance ...