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

Search Results

Showing 3581 - 3590 of 14212 results for "Interest"

IPO Wealth ordered to wind up

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... court proceedings denied Mawhinney the right of reply on those allegations. The Supreme Court advised ASIC has taken an interest in the oversight of the IPO Wealth fund by Vasco Trustees and Mayfair said it will provide full cooperation with the regu ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
Superannuation industry stakeholders are in talks with the prudential regulator to devise a lower cost option for fund mergers, with smaller funds currently facing the potential of being priced out of merger opportunities. Appearing as part of a session ...

Real opportunity for super funds in private assets: Schroders

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... focus on is ensuring that the borrower has credit worthiness to make sure there will be a return of the principle and interest. "The security is there as a backstop in case anything goes wrong but you've always got to think about the downside," Smith ...

Female ASX 200 chiefs fall

ALLY SELBY  |  THURSDAY, 17 SEP 2020
The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ...

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
... tighter rules that will scrutinise and ultimately dispose the investments chief's personal holdings should conflicts of interest arise. The board of CalPERS is set to introduce additional requirements that will force future chief investment officers ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... self-catered apartments as well as hotel facilities. Following the agreement, APG and Aware Super hold an equal economic interest in City ID, which the Dutch pension fund acquired a stake of in 2019. The "significant equity commitments" will allow the ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... added that this has been a significant part of the managed accounts story as many advisers are keeping clients' best interest front of mind and assessing if managed accounts are fit for purpose. A client whose portfolio is subject to continual review ...

Rest climate change case pushes ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
Rest's legal stoush with one of its members over the fund's approach to climate change is pushing ahead, with a trial fast approaching. Rest and Mark McVeigh have a hearing for a dispute on discovery and privilege today before mediation on September ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
Wholesale and retail managed funds have recovered almost half of the pandemic-induced losses incurred during the March quarter, new research from Plan For Life shows. Both wholesale and retail managed funds ended the 2019/20 financial year down 4.6% ...