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

Search Results

Showing 1871 - 1880 of 7723 results for "Currently"

CFP Board welcomes new chair

KARREN VERGARA  |  FRIDAY, 14 JAN 2022
... Kamila Elliott took the helm of the CFP Board, becoming the first African American to serve as the chair. Elliott is currently the president of Grid 202 Partners, an investment advisory firm based in Washington, DC. Her financial planning and investment ...

Blackstone inches closer to Crown Resorts deal

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... an improved $8.87 billion buyout proposal from US private equity firm Blackstone Inc unless a higher offer emerged. Currently, James Packer's Consolidated Press Holdings is the biggest shareholder and has a 36.8% stake. Blackstone has a stake of almost ...

HLB Mann Judd appoints new directors

CHLOE WALKER  |  THURSDAY, 13 JAN 2022
... construction. He has previously held management accounting roles with the Commonwealth Bank and Rio Tinto Dampier Salt, and currently sits on the Perth firm's Mining Resources Industry Focus Group. Kim's client base includes high net-worth individuals ...

Mason Stevens appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... co-chief investment officer and managing director Thomas Bignill resigned to pursue other opportunities. Mason Stevens currently oversees about $7 billion in funds.

Inflation to persist in 2022: Aviva

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... risks to inflation as well as the tightening bias from global central banks. Rate hikes could happen faster than markets currently believe and expected terminal rates look potentially under-priced," he said. Emerging markets meanwhile, are expected to ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
... 44% are aged 25-34 and a further 19% are aged 35-44. Financial advice regulator ASIC is going on the offensive and is currently looking at finfluencers who do not hold an AFS licence and meet educational requirements. It is also engaging with social ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... 2.2x). Those aged up to 64 are priced at 2.2x to 2.8x (previously 2.2x to 2.7x). For 80 year olds and over, multiples currently sit at 0.80x to 1.0x. Demand for risk clients however, remained static and in line with the March valuations. Risk clients ...

WAM to acquire two LICs

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... under separate transactions. WAM is proposing to acquire 100% of the shares in Westoz and Ozgrowth that it does not currently own through a scheme of arrangement with each LIC. The transaction will cost WAM about $271.5 million to acquire $301.2 million ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You must not advise, refer or act in any other manner where you have a conflict of interest or duty." After reviewing ...

ISPT takes stake in property fund manager

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... $19.6 billion spread across commercial, retail, logistics, warehousing, and residential property in Australia. E&P is currently battling a class action against Piper Alderman, which alleges that under its former name as Evans Dixon, clients were misled ...