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

Search Results

Showing 2711 - 2720 of 19576 results for "Ban"

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
An Australian exchange-traded fund manager appointed Citi Australia as its new custodian and fund administrator. BetaShares, with $21 billion in assets under management, has partnered with Citi. The fund manager was previously with RBC Investor & Treasury ...

Shaw and Partners appoints sales lead

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
Shaw and Partners has appointed a former Franklin Templeton and J.P. Morgan executive as director of sales and distribution, Australia. Matthew Jackson has taken on the role, responsible for strategy, business development and investor relations for ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
AMP Capital continues to buck the booming sustainable investment trend, suffering outflows for the fifth consecutive quarter. According to a new Morningstar note, AMP lost $69 million over the September quarter thanks to corporate issues at parent company ...

CBA takes stake in AI firm

ANNABELLE DICKSON  |  MONDAY, 8 NOV 2021
Commonwealth Bank has taken a minority stake in a Silicon Valley-based artificial intelligence (AI) platform. H2O.ai operates a cloud-based machine learning platform, H2O AI Cloud, and employs some of the world's top data scientists. The partnership ...

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
The rise and rise of measured inflation across the globe has had financial markets bring forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The corporate regulator banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been ...

Daintree Capital lists active hybrid ETF

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The boutique investment management firm listed a hybrid exchange traded fund (ETF) in a single unit structure on the ASX. The Daintree Hybrid Opportunities Fund, distributed by Perennial and eInvest, invests in a global portfolio of 25 to 125 hybrid ...

HSBC AM names regional chief

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
A former Fidelity International executive will lead HSBC Asset Management's Asia Pacific business as chief executive. Daisy Ho will assume the role of regional chief executive for Asia Pacific and Hong Kong on November 8. Ho finishes up as Fidelity ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Commonwealth Bank will become the first bank in Australia to offer the ability to buy, sell and hold crypto assets via a strategic partnership with Gemini and Chainalysis. The bank has designed a crypto exchange and custody service which will be offered ...

Goldman Sachs promotes five in ANZ

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
Five individuals at Goldman Sachs in Australia and New Zealand have been promoted as part of the firm's global managing director class of 2021. In an internal memo, Goldman Sachs Australia chief executive Simon Rothery congratulated Andrew Boak, Andrew ...