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

Search Results

Showing 221 - 230 of 717 results for "Investment Fund"

Adviser cops 262 month jail sentence

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2019
... of the US, the US Attorney said. He also created fake employees to appear as though he ran a large, successful investment fund and used aliases to hide his identity. In addition to the prison time, Thomas was ordered to repay $10.7 million in restitution ...

South Australia appoints VC trustee

HARRISON WORLEY  |  FRIDAY, 30 AUG 2019
... the state begins the search for a permanent manager for the fund. The government committed $50 million to the co-investment fund for investment in high-growth opportunities with export potential, a demonstrable market for their product or service and ...

Hejaz climbs Islamic fund ladder

KRISTI CHENG  |  THURSDAY, 29 AUG 2019
Hejaz Financial Services announced its flagship fund, the Global Ethical Fund, has outperformed Australia's other Islamic investment funds during FY19. It achieved gross returns of 6.82% per annum, while Crescent Wealth generated 4.56% per annum. ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
Colonial First State has pared back trail commissions on a small slice of its funds, in a move that will affect about 400 advisers. The maximum rate of adviser trail commission is reducing from 0.8% per annum to 0.4% per annum (excluding GST) for Colonial ...

Manager vacancy at $50m fund

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
... manager will have to partner with the existing members of the SAVCF team, it said. The fund is structured as a co-investment fund, meaning that a VC firm, high-net-worth investor or sophisticated investor matches at least 50% of the government's ...

IPIF names investment lead, launches capital raise

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
Specialist unlisted infrastructure fund manager Infrastructure Partners Investment Fund (IPIF) has appointed a new chief investment officer and announced a capital raising. IPIF appointed Jonathan van Rooyen to the role of chief investment officer. ...

Politicians dishonest about fraud: VOFF

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
Victims of Financial Fraud (VOFF) hit out at the Labor Party's treatment of the Trio fraud, claiming Australian politicians are "dishonest" when it comes to handling fraud conduct. In an open letter to Labor's newly minted Shadow Assistant Treasurer ...

Responsible investments outperform mainstream

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
The latest Benchmark Report by the Responsible Investment Association of Australasia (RIAA) shows responsible investment funds outperform most mainstream funds. Using KPMG data, the report shows responsible funds on average deliver higher returns across ...

Vanguard lowers fees

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... that while investors should pay close attention to costs - it shouldn't be the only reason they choose an investment fund. "When it comes to evaluating one fund or ETF over another, there are three main criteria investors should consider - coverage ...

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 ...