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

Search Results

Showing 1641 - 1650 of 5508 results for "Mid"

Boutique equities manager raising $4 million

KANIKA SOOD  |  MONDAY, 6 AUG 2018
A former Commsec distribution head is seeking to raise $4 million for an asset management company that will run a thematic fund. Seer Asset Management was founded by stockbroker Peter LeMessurier, former Commsec executive Steve James, and Alice LeMessurier. ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... little or no benefit thanks to poor advice, and complex information attached to high margin products, the report said. By mid-2020, the Commission said 'general advice' should be renamed to something else so that when the term 'advice' ...

Industry super fund renews board

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
A profit-for-member superannuation fund managing about $90 billion in retirement savings has appointed three directors following the retirement by rotation of existing board members. Glenn Bunney, Pip Carew and Tom Symondson have joined the board of ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

Global pension fund injects $500m into Aussie real estate debt

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
A Canadian pension fund managing more than C$350 billion made its first Australian real estate debt investment with a $19 billion local asset manager. CPPIB Credit Investments - a subsidiary of the Canada Pension Plan Investment Board - injected $500 ...

ASIC provides guidance on Asia Funds Passport

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
ASIC has updated its regulatory guides to reflect changes from the Asia Region Funds Passport bill that was recently passed. On June 28, the Federal Government passed the Corporations Amendment (Asia Region Funds Passport) Bill 2018 in an effort to ...

Aussie instos buy ex-US value story

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... in the IT sector," Hartford said. "So if I take an index ex the US, technology becomes a relatively small player - in the mid to high single digits," he said. One of the smallest sectors in the S&P 500 is materials yet it is the second largest in the ...

SPECIAL FEATURE: Breaking the custody mould

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
Custodians are defying a myth the $3.5 trillion industry hasn't kept pace with technology to address operational efficiencies and system-related issues. For many, robotics is already taking over several manual processes. According to the Australian ...

Custodian strengthens front-office with $3.5 billion acquisition

KANIKA SOOD  |  MONDAY, 23 JUL 2018
A $46 trillion global custodian is set to acquire a front office solutions developer to strengthen its servicing platform for asset managers and asset owners. State Street has entered a definitive, all cash agreement to acquire Charles River Systems ...

Impact investing reports sharp growth

HARRISON WORLEY  |  THURSDAY, 19 JUL 2018
The value of Australian impact investments quadrupled since mid-2015, according to the peak industry body representing responsible, ethical and impact investors. Latest Responsible Investment Association Australasia (RIAA) research shows investments ...