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

Search Results

Showing 1981 - 1990 of 2994 results for "February 2011"

Last minute deal

BENJAMIN ONG  |  THURSDAY, 17 OCT 2013
Stop the clock! A deal has been forged in Washington! Yes Virginia, it again played out as scripted - after so much grandstanding, with both sides holding their ground and a lotta hullabaloos...an agreement was struck...at the last minute. Were it not ...

ASIC has risk advice in its sights

MARK SMITH  |  TUESDAY, 15 OCT 2013
Australian Securities and Investments Commission (ASIC) deputy chairman Peter Kell has the retail insurance sectors in his sights, announcing that the regulator will conduct major surveillance of the sector. Kell said ASIC is in the process of gathering ...

Unthinkable

BENJAMIN ONG  |  TUESDAY, 15 OCT 2013
Shutdown: Day 14 and counting...3 days to go till the US debt hits the ceiling. But wait! There's news just out. Washington, it seems, is gonna kick the can a little farther. It won't be 22 November as reported last week, it'll now be 15 Feb 2014. Reuters ...

ASIC rescues lower risk products from 'hedge fund' label

MARK SMITH  |  FRIDAY, 4 OCT 2013
The Australian Securities and Investments Commission (ASIC) has tweaked its definition of a hedge fund, to reduce the number of products that fall within stricter disclosure requirements. Product providers had expressed concern that some low-risk retail ...

Federal election boosts Australians' economic optimism

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
Australians' economic optimism has rebounded after the Federal Election, with the Allianz Future Optimism Index more than doubling from July to September. Allianz Future Optimism Index hit a 12-month high in February with an index score of 12, but political ...

ASX endorses Henry board director bid

ALICE URIBE  |  WEDNESDAY, 25 SEP 2013
The Australian Securities Exchange (ASX) has commended former Treasury boss Ken Henry's bid to become a director of the ASX board as it looks to renewal after the resignation of two long-serving directors over a US share-trading scandal. In an address ...

Finance industry integrity called into question

LAURA MILLAN  |  THURSDAY, 12 SEP 2013
Financial services stakeholders have little confidence in the industry's integrity and its capacity to manage conflicts of interest, with almost a third saying that the different sectors don't operate with integrity. Financial advisers are seen to be ...

Esemplia write-down almost complete

MARK SMITH  |  WEDNESDAY, 11 SEP 2013
US fund manager Legg Mason is close to completing the Australian portion of its write down of struggling emerging market subsidiary Esemplia. Legg Mason Australia head of marketing communications Anthony Pesutto said redemptions for one last "major" ...

Lonsec highlights hedge fund classification concerns

MARK SMITH  |  THURSDAY, 5 SEP 2013
Investment research house Lonsec has highlighted unintended consequences of ASIC's proposed new rules affecting hedge funds, which could see investors increase the risk in their portfolios. ASIC Regulatory Guide 240, which was released in September ...

September morn' or September mourn?

BENJAMIN ONG  |  MONDAY, 2 SEP 2013
"So, are you going to tighten by Labor Day?" Tonight we're going back to the future.A Going back to that fateful day on the 22nd of May -- when Texas Republican and head of the Joint Economics Committee Kevin Brady posed this question upon US Federal ...