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Showing 11 - 20 of 437 results for "Battle"

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ...

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... remains fully committed to compliance, innovation, and building products that benefit Australian consumers." This legal battle has been ongoing in the courts for more than a year. On 9 February 2024, the Federal Court found that from March to November ...

Tariff impact on super 'profoundly worrying'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... consumer. So, our probabilities of a recession have been upgraded." Pearce said the worst-case scenario would be a drawn-out battle over the tariffs, where countries like China or those in Europe refuse to go to the negotiating table with the US. "To ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... years on from that discussion, speaking at the AM Tech Day event in Sydney today, Clavin said the fund faced an uphill battle at the beginning. "Data was probably our biggest challenge. There was a view that we were going to have more internal management. ...

abrdn embraces letter 'E' again

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAR 2025
After its much derided rebrand did little good, abrdn will add back the three vowels it removed from its name in 2021. Overnight, it was announced that abrdn will be renamed aberdeen group and trade as aberdeen. In April 2021, Standard Life Aberdeen ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ...

Keybridge Capital enters voluntary administration

ELIZA BAVIN  |  MONDAY, 10 FEB 2025
... extension or restructuring of the loan, given the restrictions around its future capital raising capability. The court battle between Keybridge and WAM has been ongoing for close to five years. In June 2020, Keybridge launched legal proceedings against ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
Mergers, corporate fund closures and executive moves were the major motifs for Financial Standard readers this year. Unsurprisingly, further consolidation in the superannuation sector was a major driver of audience interest this year with a number of ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
Perpetual has almost halved its holding in embattled Star Entertainment as the casino operator continues to face governance and financial woes. Perpetual notified investors after the market close yesterday that it had sold 129.7 million shares at around ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
Portfolio managers for the Wilson Asset Management (WAM) Leaders Fund, Matthew Haupt and John Ayoub, admitted they "got the call wrong" when they took a 4% stake in embattled Star Casino just last year. Now WAM is pushing for the casino operator to ...