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

Search Results

Showing 2571 - 2580 of 5260 results for "SCA"

Super startup taps new investors

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
A superannuation fund launched by a former Olympian and investment banker has raised $2 million from investors. Superestate has attracted new investors including Aura Group, whose venture capital fund invested $750,000 in Superestate as a part of the ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
An Aussie equities fund from Plato Investment Management is shutting down following a decision from its responsible entity. The Plato Australian Shares Income Fund (Managed Risk) is set to close. It currently holds about $20 million in funds. The fund's ...

New AI innovation for Praemium

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
Praemium announced new platform functionality to provide financial advisers with knowledge and insights to enhance client engagement, using artificial intelligence. The innovation uses data science and technology to examine client behaviour patterns ...

NAB looks to boost fintech

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The National Australia Bank announced its existing alliance with Bank Leumi of Israel and CIBC will move into fintech with the introduction of the Global Alliance Fintech Link. The Link is an online portal developed to help drive client-focused innovation ...

Ethical funds not ambitious enough: Future Super

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
Future Super's new Impact Report has revealed two of the funds three investment options abates more carbon dioxide per investor than if that person were to go vegan and live car-free. Speaking to Financial Standard, Future Super founder and managing ...

Sandon Capital acquires stake in LIC

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
Activist investment manager Sandon Capital Investments has entered into an agreement to acquire a stake in a listed investment company. ASX-listed Sandon Capital is expected to acquire nearly 53 million shares in Mercantile Investment Company (MVT) ...

Macquarie Securities cops ASIC penalty

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Macquarie's securities business has paid a $300,000 penalty for contravening market integrity rules, the corporate regulator said this morning. ASIC issued an infringement notice to Macquarie Securities on May 3, after its markets disciplinary panel ...

IRESS acquires market data firm

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Financial technology company IRESS is acquiring an international provider of market data and trading infrastructure. IRESS will pay up to €38.9 million for QuantHouse which provides more than 145 data feeds from exchanges and other data providers ...

Sunsuper chief executive departs

KARREN VERGARA  |  FRIDAY, 31 MAY 2019
Sunsuper's chief executive Scott Hartley is stepping down after more than five years in the top job. Hartley has signaled his intention to resign after leading the fund through a period of transformation and growth, saying he is looking forward ...

Regional Australia Bank and Holiday Coast merge

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
Members of Regional Australia Bank and Holiday Coast Credit Union voted in favour of merging the banks in separate special general meetings this week. The vote resulted in over 90% of members agreeing to a resolution that will now see one of the largest ...