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

Search Results

Showing 1911 - 1920 of 8248 results for "June"

Sanlam withdraws from 8IP relationship

KANIKA SOOD  |  MONDAY, 21 SEP 2020
... the Australian market." Sanlam also has a 40% interest in the business, which stays as is. The agreement came to an end on June 30 and 8IP's founding partner Kerry Series said the firm has replaced the function but hiring former Paradice chief operating ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... The new strategy, the WCM Quality Global Growth Long Short Strategy has returned 23.5% per annum since its inception on 30 June 2014, outperforming the MSCI All Country World Index by an annualised 11.9% per annum. The investment company said its board ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... Japan's past its worst - i.e. the worst economic slump on record with GDP collapsing at an annual rate of 28.1% in the June quarter. Worse than worst is this followed two quarters of negative growth: -7.0% (annualised) in the December 2019 quarter ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... for NSW/QLD and head of sales - life and investments. Brooks was named chief distribution officer, life and investments in June 2017 and retained the role when the OnePath Life team transitioned to Zurich last year. She will remain in the role until ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... years from now. The Fed's latest forecasts show GDP growth contracting by less this year (-3.7% versus -6.5% projected in June) but at the expense of a slower pick up in the following years - 4% versus 5% in 2021 and 3% from 3.5% in 2022 before expanding ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... the AUSTRAC chief executive within 10 days of receiving the instruction. State Street contravened 45(2) on 99 occasions in June 2008, according to AUSTRAC. Each contravention carries a penalty of $12,600 for a body corporate for offences committed before ...

Industry fund reveals new mandates

JAMIE WILLIAMSON  |  WEDNESDAY, 16 SEP 2020
... held with Cooper Investors which had been in place for more than 15 years, according to Rainmaker data. Rainmaker data from June of this year shows the mandate with Allan Gray was worth about $146 million and had been in place since 2016. Meanwhile ...

Global equities manager hires GM

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... Foundation Units. Funds under management has grown by about 71% over the last two-and-a-half years to $502 million at the end of June 2020.

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... Account Professionals' latest census found asset growth for the sector was stable, reaching $79.71 billion at the end of June 2020. Inflows comprised $3.54 billion of the total assets for the period. Funds under management increased $420 million ...

New ETF set to debut on ASX

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... InvestSMART for two years, having previously worked as the research director of Intelligent Investor for more than nine years until June 2015. In between the two roles he worked as the research director of international equities value manager Peters ...