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Showing 161 - 170 of 34683 results for "Year"

Bell Financial Group launches Tandem Securities

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
Bell Financial Group has today launched Tandem Securities, an end-to-end platform that provides wholesale and institutional clients with trading, clearing, and investment services. Bell Direct chief executive Lee Muco told Financial Standard at the ...

Spaceship expands Voyager suite

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... like cash and bonds, with some exposure to equities for growth. It is targeting conservative returns over a minimum three-year timeframe. The holdings include a range of iShares, VanEck and Vanguard ETFs, and investors pay $2 a month plus a management ...

Head of institutional capital departs MA Financial

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
MA Financial's head of institutional capital is taking on a new role elsewhere. Mike Pyke has served in the role at MA Financial for more than four years but was with the alternative asset manager for over a decade. While there, he led the IPO of MA ...

Former super fund adviser receives permanent ban

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... February 2016 and February 2018, he was licensed by First State Super Financial Services, having transferred there after a year with VicSuper. Dzawo was found to not be a fit and proper person to provide financial services for making such statements ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Super, previously known as the Australian Meat Industry Superannuation Trust, is closing its Shares product, which failed last year's Your Future, Your Super test. Effective May 27, Australian Food Super is terminating the Shares option and opening two ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... the Australian Securities and Investments Commission (ASIC) is investigating its execution of a 2023 bond issuance of 10-year Treasury Bonds by the Australian Office of Financial Management (AOFM). ANZ said it was appointed by the AOFM to act as a risk ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... the fast-increasing cost of the ASIC levy. The financial advice subsector was charged in total $47.6 million last financial year - more than any other sector including super funds, listed companies, and life insurers," Abood said. "The per-adviser amount ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Pacific Current Group (PAC) has sold a portion of its interest in Pennybacker Capital Management to Goldman Sachs Asset Management's Petershill program. PAC has sold 55% of its 16.5% equity stake in Pennybacker and all its 2.5% carried interest entitlement ...

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
... since 1993, achieved an average annual return over 62% before fees and 39% after fees from 1988 to 2021, with only one losing year in 1989. To illustrate its success, an investment of $1 in the Medallion fund in 1988 would have grown to nearly $42,000 ...

Rest adds to C-suite with new appointment

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Rest has appointed Amy Murrell to the new role of chief people officer after joining the super fund in 2021 as general manager people and culture. Murrell will now report directly into Rest chief executive Vicki Doyle. "I warmly welcome Amy Murrell ...