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

Search Results

Showing 2841 - 2850 of 10361 results for "Close"

Boutique portfolio manager to retire

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
A Sydney small caps boutique has appointed a new co-portfolio manager, as its founder and chief investment officer announces his retirement plans. Frank Villante will retire from Celeste Funds Management in November 2021. As a result, Celeste is promoting ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
Scratch that and lower it to 2.9%. In its 'Interim Economic Outlook' report published on September 19, the OECD lowered its world economic growth forecast from 3.6% in 2018 to 2.9% (down from 3.2% forecast in May 2019) this year and 3.0% (down ...

Super Fund of the Year named

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 21 NOV 2019
... and 2017, Fowler held roles at BT Funds Management, Suncorp Investment Management and Macquarie in a career that spanned close to 40 years. The awards recognise Australia's super funds and industry providers that have proved to consistently add the ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
Total and permanent disability insurance and the claims handling processes of insurers are well within ASIC's sights. Following the release of an ASIC review into TPD which found significant, industry wide problems with product design and claims handling ...

New role for former State Super investment chief

KANIKA SOOD  |  TUESDAY, 19 NOV 2019
A $70 billion industry fund has hired State Super's former chief investment officer who left the fund in December last year. Sunsuper has appointed Richard Hedley as a portfolio manager for private markets. He started in the role earlier this month. ...

Chief executive banned for paying wife

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... large fines and a ban from the UK's Financial Conduct Authority and Prudential Regulation Authority after he paid his wife close to $400,000 to reduce his personal tax liability. Stuart Forsyth was chief executive of Scottish Boatowners Mutual Insurance ...

No plan to cut out advisers: SPDR chair

KANIKA SOOD  |  MONDAY, 18 NOV 2019
... was updating its direct-to-investor portal and separately, entering superannuation. State Street has been in Australia for close to two decades now and launched the first ETF which, until recently, was the largest ETF in the country. During this time ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... superannuation fund Media Super has issued a notice to members notifying them that its Income Plus investment option will close effective 5 February 2019. The fund said the ongoing low bond yield environment has put performance of its income option at ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
APRA's executive general manager Suzanne Smith said superannuation funds should expect the pace of regulatory change to continue into 2020 as she addressed the 2019 ASFA conference in Melbourne. Using her speech to reflect on the changes experienced ...

PIMCO to launch first Australian listed trust

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2019
... expertise and competitive advantage in this space," he said. PIMCO confirmed it has appointed its joint lead arrangers and is close to finalising the syndicate to support the raise. Full details of the trust and syndicate are expected to be available ...