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

Search Results

Showing 201 - 210 of 3391 results for "ABS"

Bell Financial takes lead on SelfWealth takeover

KARREN VERGARA  |  MONDAY, 25 NOV 2024
SelfWealth is forging ahead with Bell Financial Group's (BFG) takeover of the trading platform as the latter raises its bid price to edge out its competitor. The two parties entered a scheme implementation deed in which BFG raised its bid price to 25 ...

Private equity, real estate spearhead unlisted assets demand

KARREN VERGARA  |  FRIDAY, 22 NOV 2024
Private equity and real estate will reap the bulk of inflows and deliver elevated returns over the next five years compared to other private markets asset classes, a new report from IFM Investors shows. The survey of 700 global institutional investors ...

Second bidder enters SelfWealth takeover talks

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
The proposed takeover of SelfWealth heats up as AxiCorp Financial Services attempts to ensnare the trading platform from Bell Financial Group (BFG). AxiCorp has lobbed a bid of 23 cents per SelfWealth share, one cent more than what BFG proposed on Wednesday. ...

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... 0.8% in the September quarter and 3.5% for the year, according to the latest data from the Australian Bureau of Statistics (ABS). ABS head of price statistics Michelle Marquardt said this was the first time annual wage growth had fallen below 4% since ...

Bell Financial Group bids $51m for SelfWealth

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
Bell Financial Group (BFG) is proposing to acquire SelfWealth for $51 million in a deal which both parties find "compelling." BFG said in offering 22 cents for each SelfWealth security, shareholders of the trading platform "will benefit through increased ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
Platinum Asset Management is seeking out institutional fund managers looking to break into the retail market as it also attempts to enter new asset classes and differentiate itself from a multi-boutique model. Platinum chief executive and managing director ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
GQG Partners' funds under management (FUM) has taken a small tumble, slipping from US$161.6 billion to US$159.4 billion in October. The investment management firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Former and now incoming US President Donald Trump secured his victory in the US federal election, and with concerns over his proposed tariffs, Australian investors may feel the brunt of his policies. The main concern for Australian investors now is ...

Federal Court quashes case against ex-Dixon Advisory director

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
The Federal Court has dealt ASIC a legal blow, dismissing its case against former Dixon Advisory director Paul Ryan and ordering the corporate regulator to cover his legal costs. The regulator accused Ryan of contravening his statutory duties as a director ...

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
Yesterday's CPI data - which showed trimmed mean inflation has remained stubbornly high - put the final nail in the coffin for those hoping for an interest rate cut in 2024. Commonwealth Bank head of Australian economics Gareth Aird was one of the last ...