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

Search Results

Showing 1651 - 1660 of 2958 results for "August 2009"

EQT joins Calastone network

ALEX BURKE  |  MONDAY, 24 AUG 2015
Equity Trustees (EQT) has joined Calastone's automated funds transaction network. As a result, EQT can reduce the administration burden associated with trade notifications and fund transactions. "Previously, our processes to trade with platform operators ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
The 2.7% drop in Thailand's SET index and the half a percent drop in the Thai baht to 38.58 versus the US dollar - the lowest since April 2009 -- dominated the financial press headlines the day after the night (17 August) Bangkok was bombed. As it should. ...

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
We've gone a long way, baby! A very long way... down. It seems so long ago and far away now but, it had only been less than four months when the All Ordinaries index looked set to break the 6,000-point barrier. It was only 0.8% away (45.2 points) from ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
Whoa! If this is an indication of things to come, then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl ...

SSFS meets client demand for phone advice

ALEX BURKE  |  MONDAY, 17 AUG 2015
State Super Financial Services (SSFS) developed its Wollongong-based "client hub" to deliver over-the-phone financial advice based on client research, according to SSFS general manager, financial planning Sean Bradley. Speaking to Financial Standard ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
The Reserve Bank's two-pronged monetary easing measures look to have come to an end but our central bankers will remain watchful of the currency, according to Goldman Sachs Asset Management executive director and global fixed income portfolio manager ...

NZ Super eyes glass to smash returns

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
The New Zealand Superannuation Fund will have a place on the board of a US-based tinted glass manufacturer after purchasing a stake in the business for US$75 million. NZ Super Fund's head of international direct investment, Nigel Gormly, will take a ...

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
The "rule of three" states that, "things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things". (Wikipedia) The People's Bank of China (PBOC) must be a believer for yesterday it went for a devaluation ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... reports that Greece is nearing a deal on receiving a fresh a,-86B rescue package and hopes to get the first tranche by 20 August - the same day its next debt repayment to the ECB is due. China happy, Europe happy, Wall Street happy - the S&P 500 up 1.3% ...