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

Search Results

Showing 1531 - 1540 of 8993 results for "ASX"

Praemium board bungle

ANNABELLE DICKSON  |  MONDAY, 23 NOV 2020
... Powerwrap with the remaining 6% to be acquired under compulsory acquisition in November. As a result, Powerwrap de-listed from the ASX in October and its chief executive Will Davidson, along with its non-executive directors, stood down, with the former ...

Sequoia reveals strategic plans

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
ASX-listed Sequoia Financial Group has revealed its plans to increase its adviser numbers and licensees to adjust to the shifting landscape of the financial advice industry. At its annual general meeting, Sequoia announced its strategic objective to ...

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... appeal against the decision to the High Court of Australia," the council said. QBE responded to the ruling in a release to the ASX. It estimated the next cost of any business interruption claims in Australia is likely to be limited to $5 million per ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

Clime to wind up Australian value fund

KANIKA SOOD  |  TUESDAY, 17 NOV 2020
... Adrian Ezquerro, investment director Ronni Chalmers, portfolio manager for small caps Jonathan Wilson and portfolio manager for ASX 100 stocks Vincent Cook. Returns were 5.7% since inception p.a. for the retail version. "Equity Trustees Limited (the ...

AMP Capital shutters Aussie equities fund

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... funds also resigned at the same time and has since joined Platypus Asset Management as head of ESG. The fund aimed to beat S&P/ASX 200 Accumulation Index while picking companies with a sustainability and ESG focus. It has made two fee cuts in recent ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
... widespread underperformance, complex arrangements and lack of transparency that have gone on for far too long. Similar to an ASX-listed company, super funds are now required to disclose the remuneration of key executives and "highly paid investment managers ...

CountPlus to continue acquisition spree

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
The ASX-listed advice and accounting group has confirmed it will continue to carry out its extensive growth strategy with further "tuck-in" acquisitions. Speaking at the company's annual general meeting, CountPlus chair Ray Kellerman said the "considerable ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
The ASX equity market paused trading this morning, and will not open until tomorrow morning. The market will not open again until 10am tomorrow as the ASX works to fix the issue. Today was the go-live for the refreshed ASX Trade system, which is the ...