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

Search Results

Showing 2301 - 2310 of 8182 results for "Institutional"

Franklin Templeton names institutional business director

KARREN VERGARA  |  MONDAY, 24 JUN 2019
Franklin Templeton Australia has welcomed a senior director of institutional business. Matthew Jackson has commenced in the newly created role for the fund manager, which has more than $922.4 billion in assets under management globally. Sydney-based ...

Rest increases renewable energy investment

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio. Rest has agreed to buy out UBS Asset Management's 60% stake in Western Australia's Collgar ...

Super fund amends constitution

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
An $11 billion superannuation fund amended its constitution to increase the influence of independent voices on its board following an APRA probe. Late last week Local Government Super revealed it had been in "ongoing engagement" with the prudential ...

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
The $400 million superannuation fund is set to launch an investment app. Future Super is planning to open the doors to Array, an app allowing everyday Australians to invest in renewable energy for as little as $5. According to the Array site, the first ...

Fund manager insto lead exits

JAMIE WILLIAMSON  |  FRIDAY, 21 JUN 2019
The head of institutional at a $5 billion hedge fund manager has departed. Ellerston Capital has confirmed the departure of head of institutional sales and client relations Melinda Carter. Carter served in the role for just over 12 months, having joined ...

Commonwealth Bank mulls retail advice business sale

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
Commonwealth Bank is reviewing options for its CommSec Advisory business, including a potential sale. "As part of our focus on becoming a simpler, better bank, we are currently reviewing a number of options for CommSec's retail financial advice ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
The corporate regulator's wealth management investigations increased 129% in the year to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne ...

Record number of tax evasion reports

ELIZABETH MCARTHUR  |  FRIDAY, 21 JUN 2019
The Australian Taxation Office revealed its tip off line has been ringing off the hook this end of financial year as a record number of people report tax evaders. The ATO received nearly double the amount of referrals from the community about tax evasion ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...

Hostplus makes bid for SMSF money

KANIKA SOOD  |  WEDNESDAY, 19 JUN 2019
The $43 billion fund is hoping to woo self-managed superannuation fund investors with new options geared at them. SMSF investors will have access to six of Hostplus' 23 investment options, including its flagship balanced option and the low-cost ...