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Showing 311 - 320 of 4276 results for "Yesterday"

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
With a 20% interest already under its belt, Diverger is looking to acquire 100% of Centrepoint Alliance. Yesterday, the listed advice group entered a call option deed with TIGA Trading and Thorney Holdings in respect of 19.99% of Centrepoint. This was ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... used their submissions to the Quality of Advice Review to call for regulatory certainty. Releasing their submissions yesterday, both industry bodies have called out the pressure that regulatory uncertainty is placing on the advice industry, as well as ...

Australian firms spend 3.6bn on financial crimes

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... Australian financial service companies are expected to spend more than $3.6 billion on financial crime compliance in 2022. Yesterday LexisNexis Risk Solutions released the first Australian edition of its true cost of compliance study. It revealed costs ...

Franklin Templeton new APAC co-heads

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
Franklin Templeton yesterday announced Matthew Harrison and Tariq Ahmad as co-heads of APAC. Harrison, the current managing director of Australia, and Ahmad, the current head of Asia distribution, will have joint ownership and accountability of APAC ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

Investors Mutual, Vaughan Nelson partner

CASSANDRA BALDINI  |  THURSDAY, 2 JUN 2022
... managed global SMID cap ETF available in Australia, as both an unlisted traditional version and an active ETF version yesterday. IML chief executive Damon Hambly told Financial Standard that customer demand along with Vaughan Nelson's positive track ...

Yellen forebodes stagflation risks

ANDREW MCKEAN  |  THURSDAY, 19 MAY 2022
... strength of its labour market and economy, but despite her conviction, global inflation levels have become calamitous. Yesterday, UK inflation hit a 40-year high of 9%. Likewise, the Australian Bureau of Statistics showed that Australia recently recorded ...

Superannuation not a super solution to housing affordability

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
... Liberal MP Tim Wilson has recurringly said that owning your own home should take priority over superannuation. In a tweet yesterday Wilson doubled down and said: "This policy isn't just for young Aussies, it's for others who never had a chance." The ...

State Street bags K2 Asset Management mandate

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
... assets," he said. In this case, Ahmed was pleased to have State Street partner with K2 Asset Management. CBTC launched yesterday on Cboe and will track the total performance of the Purpose Bitcoin ETF. So far, the fund has had lacklustre trading volumes ...

Reserve Bank fallout after hawkish pivot

ANDREW MCKEAN  |  WEDNESDAY, 4 MAY 2022
Yesterday, the Reserve Bank of Australia surprised markets by lifting the cash rate target for the first time in over a decade. The decision to raise rates 25 basis points to 0.35% came as the RBA sought to withdraw the extraordinary monetary support ...