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

Search Results

Showing 2051 - 2060 of 7099 results for "June 2011"

YouTube fundie walks away

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
The embattled UK fund manager, Neil Woodford, has resigned from his namesake funds and is closing down his business. One day after it was announced that his flagship Woodford Equity Income Fund would be wound up, Woodford has made the shock decision ...

Dealer group awards investment mandate

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
Marty Switzer's Contango Asset Management has won a mandate from a financial advice dealer group. Lifespan Financial Planning made a $20 million inaugural allocation to a global large cap strategy managed by WCM Investment Management. WCM is headquartered ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The embattled Woodford Equity Income Fund is to be wound up following a decision by Link Fund Solutions that Neil Woodford has said goes against the best interests of investors. Link, the authorised corporate director of the fund, announced last night ...

Recognition for industry leader in fight against slavery

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The head of ESG research at Ausbil Investment Management has been recognised with an Anti-Slavery Australia's Freedom Award for his work in combatting slavery. Mans Carlsson-Sweeny was awarded a Certificate of High Commendation for his contribution ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
Hear ye, hear ye! Her majesty Queen Elizabeth II has spoken. "My Government's priority has always been to secure the United Kingdom's departure from the European Union on October 31," she has said. Whether her majesty will later come to regret ...

Chief investment officer leaves industry fund

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
The chief investment officer of a $4 billion industry superannuation fund has departed. legalsuper will next week begin the search for a new chief investment officer, after Edward Smith left the role in late September. legalsuper confirmed Smith's ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
Just as the clamour among central banks for fiscal policy aid continue to grow - recently supported by prescriptions from international institutions such as the International Monetary Fund (IMF), the World Bank (WB), the World Trade Organisation (WTO) ...

Platinum global shares fund to shutter

KANIKA SOOD  |  WEDNESDAY, 9 OCT 2019
Platinum Asset Management is set to bid farewell to one of its funds, after a year of outflows. The MLC Investment Trust MLC Platinum Global Fund was closed to new investments in 2004. It is now headed for a termination, after a decision taken by MLCI ...

Former NAB adviser sentenced

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
A former NAB financial adviser has been sentenced for withdrawing funds from the accounts of clients without their knowledge, but will avoid jail time. The District Court of NSW sentenced Max Kiattisak Eung to three years imprisonment to be served through ...