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

Search Results

Showing 1721 - 1730 of 8273 results for "Performance"

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
After a turbulent six months, Magellan Financial Group acknowledged it needs to improve its investment performance. Releasing its half-year results this morning, Magellan interim chief executive Kirsten Morton assured investors that the "financial health ...

Hostplus and Maritime Super explore merger

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... default investment outcomes - especially from our MySuper Balanced option which is ranked number one for investment performance over seven, 10, 15 and 20 years - and other benefits of scale." Maritime Super chief executive Peter Robertson commented ...

Challenger delivers strong result

ELIZABETH MCARTHUR  |  THURSDAY, 17 FEB 2022
... $4.9 billion and funds management net flows of $0.9 billion. "More broadly, the life business delivered an impressive performance, with record-breaking sales driving book growth of over 8% for the half. Funds Management produced another strong result ...

ATO underestimates SMSF performance: Report

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
... (SMSFA) and the University of Adelaide has found the Australian Taxation Office is increasingly underestimating the performance of SMSFs. The SMSFA and the University of Adelaide's International Centre for Financial Services (ICFS) yesterday released ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... advisers infuriated. Rady said having recently completed the migration of BT Wrap, advisers can expect an improvement in performance and customer service. "We've reviewed our business practices to give more control and flexibility to advisers and as ...

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... while a cultural reset will be difficult for some organisations, it is important that employers focus on employees' performance, promote inclusive work practices, and adopt a strong focus on values including trustworthiness. "Culture is shaped by top-down ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... a $2.6 million loss after achieving a $2.8 million profit in the prior corresponding year. The results reflect the performance of Powerwrap, which was acquired in 2020. Praemium is in the process of selling its international business to Morningstar for ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... in January. BetaShares said it expects Active ETF launches to be "very frequent" throughout the year. In terms of performance, the top three ETFs for the month were ETFS Physical Palladium with a return of 30.8%, ETFS Ultra Short Nasdaq 100 Hedge Fund ...

Rest awards responsible investment mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
... decades ago that strong environmental, social and governance practices can have positive implications for corporate performance," Eames said. "We look forward to working with Rest to deliver a highly customised investment solution reflecting Rest's ESG ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... vote and said that the reforms would have resulted in poorer transparency of investee companies' practices and performance. "Just like company directors, lawmakers must be held to high standards of governance," Rennie said. "Legislation should be ...