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

Search Results

Showing 321 - 330 of 2356 results for "Stage"

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... The recently launched HUB24 Discover, which targets advised clients with smaller amounts of investible assets and later stage retirees, recorded an FUA of $75 million. "The incremental platform revenue margin on market movements can be lower than the ...

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... findings public at the appropriate point, but it cannot provide any further detail beyond the warning notice statement at this stage, including about any proposed sanctions," the regulator said. Last February, UK courts approved a £230 million ($442m) ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... private-equity-influenced life insurance companies," it said. The IMF said though liquidity risks may appear limited at this current stage, a growing retail presence could change things moving forward. "Private credit funds use long-term capital lockups ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... take a medical leave of absence for three months. Mark Landau will take time off to undergo medical treatment for an early-stage treatable cancer, the fund manager announced this morning. "Landau has informed the board that he expects to take leave of ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... expanding its profitability and eventually earning a higher PE multiple - as we believe is warranted for a business at this stage of its lifecycle." This comes after the boutique fund manager also reported a US$10.5 billion increase in FUM from January ...

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... 5.7% per year. "They want expert advisers who understood their individual needs, including their professional demands, life stage and family obligations, as well as quality advice and easy access to their adviser," the research said. "While women have ...

Chalmers expected to deliver Budget surplus

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... Economic Development of Australia, Chalmers said many of the big Budget announcements have already been made, including the stage three tax cuts and superannuation on paid parental leave. In addition, the government has also planned big spending for ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
... Australian investment groups." "We are giving institutional investors and wholesale clients the opportunity to invest in growth-stage companies positioned to capture the worldwide transition undergone by the plastic value chain with the objective to ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... the proposed measures are also "heavily reliant" upon regulations. "Those regulations have not been made available at any stage of the consultation process and are yet to be released for consultation. This affects both our and the Parliament's ability ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... community," Islamic Bank said. "However, the current capital market conditions have proven to be exceptionally challenging at this stage of our endeavour." In May 2023, the disruptor bank said it had about 12,500 potential customers awaiting its launch. ...