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

Search Results

Showing 11 - 20 of 3039 results for "August 17"

CFS launches retirement income optimiser

VINNY VUCAGO  |  TUESDAY, 29 SEP 2026
Colonial First State (CFS) has launched a new retirement feature designed to give eligible super members greater flexibility in preparing for retirement and accessing future income options. The Retirement Income Optimiser is available through CFS's ...

RE spots potential 'material differences' in Metrics' listed funds

MATTHEW WAI  |  MONDAY, 28 SEP 2026
The Trust Company (RE Services), the responsible entity of all listed funds from Metrics Credit Partners, has requested to pause trading and quotation activities of the Metrics Master Income Trust (ASX: MXT), Metrics Income Opportunities Trust (ASX ...

Jobs data 'final nail in the coffin' for rate rise

ELIZA BAVIN  |  THURSDAY, 24 SEP 2026
The seasonally adjusted unemployment rate rose to 4.6% in August, according to the Australian Bureau of Statistics (ABS). "This month there was 39,000 more people in employment, and 28,000 more people in unemployment," ABS head of labour statistics ...

Rest director for product departs

MATTHEW WAI  |  WEDNESDAY, 23 SEP 2026
The general manager, product at Rest has left the super fund after nearly four years. Scott Tully has departed the $113 billion fund after a close to four-year stint. He joined Rest as head of investment option development in March 2023 on a contract ...

Praemium brings forward chair succession

VINNY VUCAGO  |  WEDNESDAY, 23 SEP 2026
Praemium will bring forward its leadership transition at board level, with its current chair stepping down as the platform and portfolio administration business continues to expand its focus on high-net-worth investors and technology. Matthew Quinn ...

Magellan shuts down Vinva global equity retail funds

KARREN VERGARA  |  MONDAY, 21 SEP 2026
Magellan Asset Management is shuttering two Vinva global equity funds, active systematic retail strategies, two years after they were brought to market. Reaching $165.3 million in assets under management at the end of August, Magellan, as responsible ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
The Federal Reserve has lifted its interest rate for the first time in more than three years, contributing to the ongoing adversity the global economy is facing, especially in Australia. The Fed has called a rate hike overnight, increasing the interest ...

4D Infrastructure moves to Perennial

VINNY VUCAGO  |  WEDNESDAY, 16 SEP 2026
4D Infrastructure will not be joining the other Bennelong Funds Management affiliates that have been sold off to Antipodes Partners and will instead move to Perennial Partners. Perennial will take a shareholding in the business for an undisclosed sum. ...

Former adviser charged further on dishonest conduct

RIDDHIMA TALWANI  |  MONDAY, 14 SEP 2026
Former financial adviser and the sole director of Professional Wealth Management, Donald Cuthbertson, has been slapped with 24 offences in the Federal Court of Australia. An indictment filed on August 28 showed Cuthbertson being charged with making ...

GQG outflows worsen, ousted from ASX200

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
GQG Partners' continued slump in performance continues as net outflows for funds under management (FUM) stood at US$4.3 billion in August alone, and worse, the firm has been bumped out of the ASX200 index. Investment performance during the month ...