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

Search Results

Showing 3421 - 3430 of 6939 results for "% December"

Sunsuper makes two senior appointments

MARK SMITH  |  FRIDAY, 6 FEB 2015
Sunsuper has appointed a new board member and an independent expert to its investment committee. Paul Lahiff joins as a director, replacing Graham Heilbronn, who retired in December. Laiff becomes the second director appointment in the last 12 months ...

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
"US Stocks Climb as Oil Gains, Pfizer Rises on Hospira Purchase" This was Bloomberg's take on the whys and the wherefores for the S&P 500 index's 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices ...

MDS Financial Group to purchase Sequoia Wealth Group

ALEX BURKE  |  THURSDAY, 5 FEB 2015
Back-office software provider and broker MDS Financial Group (MDS) has signed a non-binding term sheet to acquire specialist financial advice firm Sequoia Wealth Group (SWG), it announced today. This follows MDS's acquisition of SWG's minority shareholder ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Future Fund smashes its performance target in 2014

ALEX DUNNIN  |  THURSDAY, 5 FEB 2015
The Future Fund significantly outperformed super funds in 2014 thanks to its heavier weighting to US dollar investments and alternative assets. According to the Future Fund's latest portfolio update, the Australian de facto sovereign wealth fund earned ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
And an easing here, an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and ...

Market Wrap AM

AAP  |  THURSDAY, 5 FEB 2015
The Australian market looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall. At 0836 AEDT on Thursday, the March share price index futures contract was down 10 points at 5,716. In local ...

Suncorp tight-lipped on CEO departure

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Suncorp Group has refused to comment on speculation that its chief executive Patrick Snowball will retire from his role and that a successor will be appointed at the end of 2015. "As the Chairman has indicated, it is prudent that the Board has an active ...

90 West Global Natural Resources awarded two ratings

STAFF WRITER  |  WEDNESDAY, 4 FEB 2015
The 90 West Global Natural Resources Fund has received a 'Recommended' rating from both Lonsec Research and Zenith Investment Partners. The fund is managed by David Whitten from specialist global resources manager 90 West Asset Management. It seeks ...

ASIC chair discloses travel expenses

ALEX BURKE  |  WEDNESDAY, 4 FEB 2015
ASIC chair Greg Medcraft has revealed a $45,000 travel expense budget in the six months to December 2014. This figure includes expenses for Medcraft and his staff, and covers trips to London, Milan and Rio di Janeiro for meetings pertaining to Medcraft's ...