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

Search Results

Showing 1721 - 1730 of 5520 results for "Class"

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... amounts will not be known until individual cases have been reviewed and compensation offers made." Count Financial is facing a class action for commissions paid to its financial advisers from 21 August 2014 to 21 August 2020. The law firm Piper Alderman ...

Rest hires from Cbus, BT

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... a member of the management investment committee. Bluzmanis will report to Singh and manage Rest's global equities asset class, which is the fund's largest asset class by funds under management. Rest chief investment officer Andrew Lill said the appointments ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...

Pendal to acquire US firm, profit climbs

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
Pendal Group has announced its plans to acquire US-based investment firm Thompson, Siegel & Walmsley (TSW) as profit rose 8%, according to its half-year results. Pendal will purchase TSW for US$320 million ($414 million) which represents 7.6x the first ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
... and breaching the Corporations Act. NULIS itself copped $8 million of the fine. Earlier this year, NULIS was named in a class action brought by Maurice Blackburn on behalf of 330,000 MasterKey members who accuse the trustee of breaching its duties by ...

Farmland value grows in all states

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... with a smaller pool of sellers, has resulted in strong competition for property. Farmland prices and farmland as an asset class will continue to be keenly watched but increasing asset price alone is no guarantee that agriculture as an industry will continually ...

Citi hires transition management expert

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... director based in Singapore where he has been located for the past 16 years. Clark will be responsible for managing multi-asset class portfolio transitions, derivative overlays, currency overlays and other portfolio-related solutions for institutional ...

Iress hires former dealer group chief

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... Blomfield took to LinkedIn to congratulate Kellett on the new role. "Geoff is going to lead us on our journey to become a world class sales and service organisation through a revitalised methodology, supported by our entire dedicated, talented and passionate ...

First Sentier launches ESG debt strategy

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... gain exposure to a diversified portfolio of ESG/sustainability-linked loan assets, and strategic access to the loan asset class, First Sentier said. MUFG Bank's co-head of debt capital markets Siong Ooi said the two companies anticipate there will ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...