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

Search Results

Showing 2491 - 2500 of 6251 results for "December 29"

RF Capital appoints new retail distribution head

JAMIE WILLIAMSON  |  FRIDAY, 21 APR 2017
RF Capital welcomed the former head of distribution for Australian Unity to its ranks at the beginning of the year. Damen Purcell, who left Australian Unity in December 2016, is the new head of retail distribution at RF Capital, the asset management ...

China's off to a good 2017 start

BENJAMIN ONG  |  WEDNESDAY, 19 APR 2017
Li starts to get what he likes... and then some. Chinese prime minister Li Keqiang's 6.5% growth target for this year is tracking well (surprise, surprise) - with a buffer to boot - as China's economy growth accelerated in the first three months of ...

MDA firm hires former Pillar chief executive

KARREN VERGARA  |  THURSDAY, 13 APR 2017
Listed managed discretionary account company Managed Accounts Holdings Limited (MGP) added a former Pillar chief executive to its board with the aim of growing its retail superannuation sector. Peter Brook served as Pillar's managing director and chief ...

NAB retains long-term asset servicing mandate

ALEX BURKE  |  THURSDAY, 13 APR 2017
NAB Asset Servicing will extend its 10-year partnership with a major Australian university for a further five years. The University of Sydney retained NAS as the custodian of its endowment funds as well as the recently-introduced Student Managed Fund ...

Sovereign wealth fund growth steady

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2017
The total assets under management held in sovereign wealth funds globally levelled over the past two years, seeing growth of 1% between March 2016 and March 2017. The 2017 Preqin Sovereign Wealth Fund Review found assets grew to US$6.59 trillion from ...

Confidence slip

BENJAMIN ONG  |  THURSDAY, 13 APR 2017
Boom conditions but waning confidence. This is the message from the latest NAB Business Survey report. The NAB's business conditions index soared by points to a reading of +14 in March, more than reversing the 3-point decline in the previous month. ...

Super wealth reaches record high

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
The amount of wealth Australians hold in superannuation is climbing to a record high, according to the latest figures from the Australian Bureau of Statistics. At the end of December 2016, Australians held $2.6 trillion of household net worth in superannuation ...

Australian Unity property trust suspends units

ALEX BURKE  |  WEDNESDAY, 12 APR 2017
Australian Unity's Healthcare Property Trust has suspended wholesale and Class A units and will not accept new investor applications until further notice. The trust, which was established in 1999, invests in healthcare property assets, including hospitals ...

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer. As of 1 January 2017, Coles Life Insurance policy holders became customers of MetLife - the insurer whose MetLife ...

Philanthropy report offers valuable insights for NFPs: Perpetual

EMMA RAPAPORT  |  FRIDAY, 7 APR 2017
Collective and collaborative giving is on the rise in Australia, with more than a third of philanthropists suggesting they give as a group as well as individually. The latest giving patterns of high-net-worth (HNW) and institutional givers was released ...