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

Search Results

Showing 251 - 260 of 927 results for "half-year"

Former REIT exec to lead new funds management business

KARREN VERGARA  |  FRIDAY, 20 JUL 2018
A former AMP and Centuria executive will lead the wholesale funds management business at one of Australia's oldest companies. Neil Rogan joins Gowing Bros after serving as general manager of the investment bond business at Centuria Capital for three-and-a-half ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
About 20% of FINSIA's adviser members will leave the advice industry if they are forced to undertake additional postgraduate study. According to a survey conducted by the industry body in support of its submission to the Financial Adviser Standards ...

Contango hires K2 distribution heads

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
Contango Asset Management has hired K2 Asset Management's heads of wholesale and retail distribution as part of its new team following a restructure in April. Damian Craven is taking on the role of Contango Asset Management's (ASX:CGA) head of retail ...

CBA settles with AUSTRAC for $700m

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... represent "the largest ever penalty in Australian corporate history", according to AUSTRAC. In its financials for the half year ending 31 December 2017, CBA provided for an estimated penalty of $375 million. The bank has also admitted to further contraventions ...

Industry fund awards emerging markets mandate

DARREN SNYDER  |  WEDNESDAY, 16 MAY 2018
An investment manager fast approaching US$10 billion in assets under management and advice recently won an emerging markets equities mandate from an industry superannuation fund. ClariVest Asset Management will manage the $75 million mandate from the ...

Centuria Life announces promotion

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... and marketing, has been promoted to head of Centuria Life. He replaces Neil Rogan, who resigned after a three-and-a-half year tenure. Blake joined the investment manager in early 2016 with an extensive background in funds management and financial services. ...

WAM Capital founding director resigns

ALEX BURKE  |  FRIDAY, 6 APR 2018
... small-to-mid-cap industrial companies. In March, the LIC recorded an interim profit before tax of $199.4 million for the half year, up 49.8% on 2016, and returned 10.4%.

Pengana drives WHSP finance portfolio up 43pct

ALEX BURKE  |  THURSDAY, 22 MAR 2018
The performance of Pengana Capital Group, which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio up 43.3%. Pengana delivered a $1.9 million contribution to WHSP's net profit during the period. ...

Australian Ethical underlying profit dips despite membership surge

ALEX BURKE  |  FRIDAY, 23 FEB 2018
Australian Ethical's underlying profit after tax fell by 5% in the half year to 31 December 2017 despite a 23% boost in superannuation membership to 37,699. This profit figure - $2.157 million - was actually up 282% on the prior corresponding period ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... on the back of a surge in the manufacturing PMI to a record high 60.6 and a jump in the services PMI to a six and a half year high of 56.6. With growth indications like these, financial markets have every reason to speculate on a sooner-rather-than-later ...