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

Search Results

Showing 321 - 330 of 3456 results for "MAS"

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
Speaking at Activam Group's act Conference today, AMP deputy chief economist Diana Mousina said economists can no longer rely on traditional economic indicators to make accurate predictions. Mousina noted that many economists have been predicting a ...

VFMC appoints deputy chair

ELIZABETH FRY  |  TUESDAY, 3 SEP 2024
Victorian Funds Management Corporation (VFMC) has announced an addition to the board and a new deputy chair. Tom Considine will be deputy chair of the quasi-sovereign wealth fund. A partner at Sayers Group, Considine joined the VFMC board in 2021 with ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
E&P Financial Group's 7400 advised-client base saw their wealth jump 26% to nearly $30 billion, while former clients under the defunct Dixon Advisory continue to struggle to access recourse. The ASX-listed wealth firm boasted it oversaw $29.4 billion ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Perpetual shareholders have finally been given an estimate of the cash proceeds from its deal with KKR, as the group reports a massive $472 million loss and farewells its chair. Releasing its full year results this morning, Perpetual reported a statutory ...

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
Following a revision of its constitution, NGS Super will welcome its first independent chair in 2025. The industry fund, which caters to education professionals, has revised its constitution to allow for the inclusion of independent directors on its ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
ASX-listed real estate fund manager 360 Capital (TGP) flagged it turned its operations around in the 2024 financial year and hopes that it will be even more sustainable as the bottom of commercial real estate nears. The group made a statutory net profit ...

Insignia Financial books $185m loss, halts dividends

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
The costs associated with the wealth giant's transformation and increased remediation provisions have resulted in a $185.3 million net loss and the need to pause dividends as it undertakes a strategic review. Releasing its full-year results to the ASX ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
In a first for ASIC, Libertas Financial Planning's AFS Licence (AFSL) has been revoked for its failure to pay compensation as ordered by the Compensation Scheme of Last Resort (CSLR). Libertas, which went into liquidation in September 2023, failed ...