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

Search Results

Showing 1841 - 1850 of 6249 results for "December 2002"

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

UBS AM hires insto sales director

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
UBS Asset Management has added a director to its institutional business development team with a hire from BlackRock. Liam McDermott joins UBS Asset Management in the Melbourne-based role. In his most recent role, McDermott was a vice president and an ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
London Stock Exchange has confirmed it is in talks to acquire Refinitiv in a US$27 billion deal. The deal would see the stock exchange buying Thomson Reuters' 45% stake in Refinitiv, a global provider of financial markets data and infrastructure that ...

ASIC sues ANZ over unlawful fees

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million. ASIC estimates the total gross loss to customers is in excess of $50 million for 1.3 million occasions of unlawfully charged ...

Financial advice firm grows

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2019
An AZ NGA advice business has expanded, acquiring a financial planning practice in Sydney's greater west. Eureka Whittaker Macnaught has acquired Warren McHattan Financial Services in Parramatta, putting into motion a broader strategic plan called ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
Suncorp was hit with a shareholder resolution today demanding it reduce its investment and underwriting exposures to coal, oil and gas. Market Forces lodged the resolution on behalf of 100 Suncorp shareholders. Suncorp confirmed it has received the ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
The Senate Economics Legislation Committee has recommended MPs waive the Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF) ...

Industry fund appoints chair

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
A $2.7 billion industry superannuation has welcomed a new chair, as well as a deputy chair. Janet Torney has been appointed chair of Club Plus Super, while Steve Whan is the new deputy chair. Torney takes over from Tara Moriarty, who stepped down after ...

Super funds keen on alternatives managers

KANIKA SOOD  |  WEDNESDAY, 17 JUL 2019
Alternatives managers continued to win the biggest slice of institutional mandates awarded in Australia in the year to March end, according to the latest Rainmaker Mandate Chaser report. Not-for-profit superannuation funds and investment managers handed ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
A $34 billion public sector fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited ...