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

Search Results

Showing 3521 - 3530 of 29058 results for "PRI"

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A rival bidder is looking to displace Count's acquisition of Diverger, offering to pay nearly 24% more than what is currently on the table. COG Financial Services (COG) made a non-binding indicative proposal to acquire Diverger, lobbing $1.4083 for ...

Bell FG announces leadership shakeup

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
Arnie Selvarajah and Dean Davenport will become the new co-chief executives of Bell Financial Group (BFG), while executive chair Alastair Provan retires. Selvarajah has been the chief executive of BFG group subsidiary, Third Party Platform (Bell Direct) ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
PGIM's head of Australia wealth Benjamin Price will step down less than two years after being appointed. The US$1.2 trillion asset management business of Prudential Financial has confirmed that Price will leave by the end of the year. However, people ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
First Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
The Australian Bureau of Statistics (ABS) released consumer price index data yesterday, showing a moderation in annual inflation from 6% to 5.4%. However, inflation climbed 1.2% in the September quarter, outpacing the 0.8% increase in June, prompting ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
The corporate regulator's bid to run an expanded case against Mayfair 101's James Mawhinney was rejected by the Federal Court yesterday, with the judge saying fresh claims brought by ASIC would place Mawhinney in "significantly greater jeopardy." Having ...

CFA final exam pass rate declines

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
Of the 16,035 candidates who sat for the Level III CFA exam in August, just under half (47%) passed. This is below the 48% and 49% pass rate for those who sat the Level III exam this past February and August of last year, respectively. It is also lower ...

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
Following its decision to tap into the private debt market, EG Funds (EG) has appointed a director of business development to expand its fast-growing private wealth division. EG Private Wealth, spearheaded by director Rodney Walt, partners with private ...

Alternative assets are the way forward: Forum

CASSANDRA BALDINI  |  THURSDAY, 26 OCT 2023
While traditional equities and bonds still have a place in portfolios, an effective strategy for balancing portfolio volatility and generating yield involves incorporating alternative investments, says abrdn investment director Raf Choudhury. Choudhury ...

ISPT hires development lead, offloads asset

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
Industry Super Property Trust (ISPT) has appointed to the newly created position of head of development - commercial, industrial, retail and mixed use. At the same time, it's sold a retail asset for $145 million. Tom Waters has joined in the new role ...