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

Search Results

Showing 1901 - 1910 of 19405 results for "One"

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... increase in the level of performance fees, Pinnacle flagged that several factors could dampen the final half-year results. One major detractor is its $3.4 million write down of its stake in OpenInvest. This investment is now only worth $240,000. In 2021 ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... first sought expressions of interest for participants to develop Australia's first carbon exchange in 2021, with ASX being one of 27 to apply. "Demand for carbon credits continues to increase with government policy focused on emissions levels and ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... Commonwealth Investment Management and Colonial First State Asset Management. Hiscock said Hogg's appointment is a "strategic one", and that he will prove invaluable to the group and its clients. "In this role, Rob will provide support to the investment ...

New global retirement unit at T. Rowe Price

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... effectively advocate for public policy positions to benefit plan sponsors, advisors, and investors. Retirement is the number one investment goal for most investors, and it's a hugely valuable aspect of our business," Davis said. T. Rowe Price said ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
Zurich Australia has been cleared of breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 ...

IG appoints institutional sales manager

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... FX Trade Support at the UK offices of Deutsche Bank, where he moved after starting his career as a Treasury Dealer at Bank One in 2002, serving two years there. "IG is a leader in trading innovation with a long history serving a global clientele," Wood ...

Treasury to refresh financial adviser exam

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Corporations Act 2001 sets out four education and training standards that relevant provides must achieve to be qualify as one. These are attaining the qualifications, passing the mandatory exam, undertaking an initial professional year of work and training ...

Citi broadens custody offering

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... flexibility to access funds via an exchange or unlisted distribution channel. The global custodian now distinguishes itself as one of the few Australian providers equipped to handle "end-to-end servicing" for the full spectrum of ETFs. Its services span ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... collapsed in September 2022. In 2021, Carlyle Asia Partners offered to acquire 100% of Link, valuing it at $5.38 per share. At one point, SS&C Technology Holdings was in the running and offered $5.65. Takafumi Ihara, The Trust Bank senior managing executive ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... Statement (FDS), a renewal notice, and a client fee consent form. While the FAAA said it is supportive of reducing these to one form, it pointed out some issues of how it would affect ongoing fee arrangements. Advisers should still be required to have ...