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

Search Results

Showing 11 - 20 of 5613 results for "September 12"

Challenger open to TAL takeover at a better price

RIDDHIMA TALWANI  |  THURSDAY, 29 OCT 2026
Challenger will continue to engage with TAL Daiichi Life to get a better offer price, after it rejected the takeover bid earlier this week, stating the offer falls short of a level it could recommend to shareholders. TAL is Challenger's largest ...

Inflation hits 4.3%, RBA says it remains 'too high'

RIDDHIMA TALWANI  |  WEDNESDAY, 28 OCT 2026
Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS). Trimmed mean inflation came in at 3.6%, up from a revised 3.5% in the 12 months to August. Speaking at the ...

Evidentia restructures despite booming assets

KARREN VERGARA  |  TUESDAY, 27 OCT 2026
A major organisational restructure at Evidentia Group has reduced headcount that claimed several senior roles despite the business reporting strong funds under management growth. Newly minted chief executive Louise Watson leads the managed accounts ...

MLC AM targets EM strategy with fresh mandate

MATTHEW WAI  |  MONDAY, 26 OCT 2026
MLC Asset Management has selected a global investment manager to leverage its 16-year-old emerging markets strategy. Ninety One has been appointed by MLC for its 4Factor Emerging Markets Equity strategy, which seeks opportunities in companies listed ...

Digital assets on the right path: Industry

MATTHEW WAI  |  MONDAY, 26 OCT 2026
Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey. OKX Australia chief executive ...

Challenger rejects $7.8bn takeover offer

VINNY VUCAGO  |  MONDAY, 26 OCT 2026
Challenger's board has rejected a proposed $7.8 billion takeover by TAL Daiichi Life Australia, saying the $11.80 per share offer falls short of a level it could recommend to shareholders. The annuities provider said directors had assessed the non-binding ...

GDG sales hit record as FUM grows 29%

VINNY VUCAGO  |  FRIDAY, 23 OCT 2026
Generation Development Group (GDG) reported stronger funds under management (FUM) across its wealth business in the September quarter, led by record investment-bond sales at Generation Life despite more cautious investor and adviser activity. Group ...

Magellan sheds name, enters new focus as Barrenjoey

KARREN VERGARA  |  FRIDAY, 23 OCT 2026
Magellan Financial Group will retire its name and rebrand to Barrenjoey Capital Partners, as the newly combined group heightens its focus on investment banking, institutional sales, trading and execution services. Shareholders at the annual general ...

Perpetual asset management outflows hit $9.6bn

VINNY VUCAGO  |  WEDNESDAY, 21 OCT 2026
Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration. Total assets under ...

HUB24 platform inflows drop 23% to $4bn in Q1

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
HUB24's platform net inflows fell 23% to $4 billion in the September quarter, down from $5.2 billion a year earlier. Flows have now held near the $4 billion mark for three consecutive quarters, after peaking at $5.6 billion in the December 2025 quarter. ...