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

Search Results

Showing 11 - 20 of 30521 results for "Investment"

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... said reflected the increase to minimum drawdown limits from July 2023. The positive net cashflows, along with stronger investment markets contributed to platforms AUM increasing by $3.2 billion to $74.3 billion. AMP North inflows from IFAs were up 22% ...

Praemium loses $700m due to adviser transitions

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Praemium is feeling the pressure from financial advisers moving advice groups and transitioning their clients away from Powerwrap. In its March quarterly update, Praemium chief executive Anthony Wamsteker said the Powerwrap scheme experienced $53 million ...

Small cap investors told to 'stop whinging'

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
Forager Funds Management chief investment officer Steve Johnson has told small cap investors to "stop whinging" about share prices. In an exerpt from the March Quarterly Report, Johnson said there are plenty of smaller companies that have seen significant ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... will "... build scale and spread our costs over a bigger membership base." The fund will also offer two new pre-mixed investment options to its members - a defensive option and moderate option. Both will also be offered to pension members. The defensive ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
Cryptocurrency and the sharing economy are two hotspots the Australian Taxation Office (ATO) will target this financial year as too many investors continue to blunder their tax returns. With a horde of investors jumping on the cryptocurrency bandwagon ...

MLC Private Equity launches insto fund

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... billion of total capital, was the major investor seeding the fund. New York-based MLC Asset Management US LLC is the investment manager of the fund. MLC Private Equity co-head for US and Europe Marek Herchel said: "The strategic nature of MLC PE Partners ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... Centrepoint for $15.2 million back in November last year and aiming to exit wealth management with the sale of ClearView Investment Management to Human Financial which is expected to be complete in 1H FY25. Despite exiting the advice business themselves ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
US Federal Reserve chair Jerome Powell has changed his tune over the possibility of upcoming interest rate cuts, which means it could be an even longer wait here in Australia. Powell said recent US inflation data had not given policymakers enough confidence ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... (ESG) considerations. The Russell Investments Sustainable Global Opportunities Complex ETF (ASX: RGOS) incorporates the investment strategies of several global equities managers, including Sparinvest, Wellington Management, Neuberger Berman, and Mirova ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... higher risks associated with gearing." These funds were said to be suitable for accumulator investors who have a longer investment horizon and wish to pursue a dollar cost averaging investment strategy. Both funds have a moderate level of gearing and ...