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

Search Results

Showing 221 - 230 of 2420 results for "Combined"

FCA changes bonds, derivatives transparency rules

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... managers are prohibited from purchasing research with bundled payments (whereby payments for execution and research are combined) unless the payment is made from a research payment account (RPA), whereby the firm agrees a separate research charge with ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... Morgan Securities (JPMS) and J.P. Morgan Investment Management (JPMIM), both affiliates of JPMorgan Chase & Co, will pay a combined $230 million (US$151m) to settle four separate enforcement actions by the Securities and Exchange Commission (SEC). In ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... by Macquarie Asset Management (MAM), BFS, and select businesses in Commodities and Global Markets (CGM) - delivered a combined net profit of $1.6 billion. This was a 25% increase from the first half of 2024 but 6% lower than the second half. Its market-facing ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... CareSuper and Spirit Super was officially signed, sealed, and delivered today, creating a $53 billion super fund. The newly combined fund, which operates under the banner of CareSuper, will, as previously revealed, be led by former Spirit Super chief ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
... Fund, and Future Super Fund. The Commonwealth Superannuation Corporation, which is the RSE to five offerings that had a combined $68.6 billion at the time, reports no advice-related expenses.

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... Australians to compare total fees. He said he's keen to see the industry move towards communicating a transparent combined fee that members pay, rather than only citing one type of fee. He also said Australians shouldn't have to search around ...

Zenith appoints new head of research

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... across the Australian business. In this role Kennaway will be responsible for leading the delivery and expansion of the combined investment and super fund research program to financial advisers and platforms across Australia. He will report to Zenith ...

TAL changes underwriting limits

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... make it faster and easier for Australians to access cover with simplified underwriting. "We're using data and insights combined with expertise from TAL's Health Services team to make underwriting more efficient. These changes mean we'll continue to ask ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... investment manager in Australia, holding a 10.6% market share, and its FUM growth over the past year is higher than the combined growth of the next four largest fund managers. The research also showed strong performance in retail super, with FUM rising ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... economy of the future, which includes investing in and managing industrial, data center and self-storage assets." "As a combined business, we believe that Ares' and GCP International's experienced management teams, highly collaborative cultures and investment ...