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

Search Results

Showing 1651 - 1660 of 3466 results for "Stake"

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Industry fund launches new integrated platform

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
A $47 billion industry fund has partnered with Dell's integration platform and is hoping to add more value to its servicing of 860,000 members. HESTA says Dell's Boomi has moved it to a hub-and-spoke model, where it can add a new data source (like an ...

FASEA makes adviser exam adjustments

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
The Financial Adviser Standards and Ethics Authority released the final legislative instrument for the financial adviser exam, revealing several concessions to be introduced. In clarifying the content of the exam, topic of Financial Adviser Regulatory ...

Pendal acquires Regnan

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
Pendal Group is acquiring the Commonwealth Superannuation Corporation's stake in ESG house Regnan. Regnan specialises in ESG research, engagement and advisory services. It will continue to continue to offer its independent services under the brand ...

Hedge fund veteran joins Aura

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
... in funds under management and expands its portfolio of fund managers and products. The group recently acquired a majority stake (55%) in Vantage Point Asset Management in a bid to expand its funds management businesses. Aura Group also runs a corporate ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
Australia's largest financial institutions said they are committed to improvement following the release of Royal Commission's final report. Landing yesterday, the report was scathing in its assessment of banking executives. Commissioner Hayne said the ...

Challenger boutique appoints chief operating officer

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
... consistent and reliable returns for their clients." Challenger's multi-boutique business, Fidante Partners, has a 30% stake in Ardea. In December, The Ardea Real Outcome Bond Fund (ASX: XARO) became the first launch out of the ActiveX banner as Fidante ...

SuperConcepts names interim chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JAN 2019
SuperConcepts has appointed an interim chief executive, with Natasha Fenech to leave sooner than originally planned. SuperConcepts chief financial officer and general manager of product Adrian Urquhart will take over from Fenech, whose resignation was ...

Wealth group acquires asset manager stake

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
Aura Group has acquired a majority stake (55%) in Vantage Point Asset Management in a bid to expand its funds management businesses. Aura said the acquisition will diversify its products to include more liquid absolute-return funds and provide Vantage ...

Former Macquarie executive takes new role

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
Blue Sky Alternative Investments has appointed a former Macquarie executive as its new chief risk officer. Andrew Werro has taken on the newly created position, bringing more than 25 years' experience in financial services. Werro is a former chief financial ...