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

Search Results

Showing 1651 - 1660 of 3902 results for "ASX 300"

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
The ASX has updated its Cash Equities Clearing and Settlement Code of Practice to align with new Council of Financial Regulators (CFR) policy statements. In March the Federal Government asked CFR to prepare the policy statements to ensure the right ...

BKI makes $4.2m acquisition

ALEX BURKE  |  TUESDAY, 11 OCT 2016
BKI Investment Company is acquiring an unlisted investment company for $4.2 million. In an ASX statement, BKI's board said the acquisition will "benefit existing BKI shareholders by increasing the size of BKI's portfolio in a cost-effective manner." ...

Lonsec offloads broking business

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
Lonsec has sold its stockbroking business to a locally owned financial services clearing firm. FinClear, a provider of wholesale market access and outsourcing solutions, has acquired the broking arm which will continue to provide clients with exclusive ...

New BetaShares fund combats investor bias

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
BetaShares has launched a new Portfolio Diversifier ETF which excludes the largest 20 shares. The BetaShares Australian Ex-20 Portfolio Diversifier ETF is designed to track an index providing exposure to about 180 listed stocks on the ASX assessed by ...

New Blue Sky MD shoots for $5bn

ALEX BURKE  |  THURSDAY, 6 OCT 2016
The new Blue Sky managing director believes there is "no reason why we won't grow to least $5 billion in fee-earning assets under management in the next three years." In what could be described as Robert Shand's "mission statement," he told an ASX update ...

Majority of active managers underperforming: S&P

ALEX BURKE  |  THURSDAY, 6 OCT 2016
The majority of active Australian fund managers underperformed their relevant indices in FY16, according to the Mid-Year 2016 S&P Dow Jones Indices Versus Active Funds (SPIVA) Australia Scorecard. The research, issued bi-annually, tracks about 1000 ...

IOOF chair to retire, director appointed

KERRIE SYDEE  |  TUESDAY, 4 OCT 2016
IOOF has revealed its chair will retire at the company's annual general meeting in November and has appointed a new non-executive director. Dr Roger Sexton will retire from the IOOF board having spent 15 years as a director of IOOF and four years as ...

Bragg to leave FSC

DARREN SNYDER  |  FRIDAY, 30 SEP 2016
The Financial Services Council's director of policy Andrew Bragg will leave the industry body at the end of November. Bragg has been a member of the FSC's policy team since 2009 and was appointed director of policy in 2014. He is joining the Menzies ...

Dark pools effective at reducing volatility spikes: Liquidnet

ALEX BURKE  |  THURSDAY, 29 SEP 2016
Liquidnet research has shown that volatility of securities is reduced by over 103% in the minute before a block trade when using the firm's anonymous dark pool. The Liquidnet Block Study examined roughly 32,000 block trades - that is, trades executed ...

AMP Capital responds to ChinaAMC unitholder offer

ALEX BURKE  |  WEDNESDAY, 28 SEP 2016
Unitholders in the AMP Capital China Growth Fund (AGF), which is in the final stages of a wind-up, may receive an offer from China Asset Management (ChinaAMC). AMP Capital, AGF's responsible entity, said it was aware ChinaAMC intended to offer unitholders ...