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

Search Results

Showing 341 - 350 of 5319 results for "Third"

MetLife to acquire PineBridge Investments

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... more than half of the client assets being acquired in the transaction held by investors outside of the US, and about one-third of the assets held in Asia. It added that the PineBridge acquisition will bring a collateralised loan obligation platform ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... the law and whose actions can have a detrimental effect on consumers who entrust their money with others." Sipina is the third person to be sentenced for criminal offences relating to Courtenay House. Iervasi was sentenced to prison for 11 years in September ...

Boutique global asset management firms' investment outlook

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
Global senior executives from boutique asset management firms see a proliferation of risks - and investment opportunities in 2025. Members of the Group of Boutique Asset Managers (GBAM) have spotted concentration risks in the US, geopolitical risks ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... Folder. UniSuper chief investment officer John Peace and Aware Super chief investment officer Damian Graham ranked second and third respectively. Meanwhile, Hostplus chief executive David Elia and AustralianSuper chief executive Paul Schroder placed ...

Treasury flags $23bn in CGT benefits

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
Treasury has released its most recent Tax Expenditures and Insights Statement, which shows the government is bracing for a spike in Australians claiming investment tax breaks. The statement flagged those claiming capital gains tax (CGT) breaks in the ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... Wellington's vice chair and head of sustainable investment Wendy Cromwell has been re-elected to the PRI Board for a third term. "Her dedication and expertise in sustainable investment have been invaluable in driving forward the mission of PRI. Wendy's ...

First Sentier expands mandate with Northern Trust

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
Northern Trust will offer a range of front-to-back solutions as third-party administrator for First Sentier Investors under an extended agreement. Under the new terms, Northern Trust will integrate custody, depositary/trustee services, fund accounting ...

Venture capital exits expected to grow in 2025: Preqin

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The venture capital sector saw assets under management (AUM) reach $3.1 trillion in 2024, but the year wasn't without its hurdles, according to research from Preqin. Over the course of 2024, 800 funds raised a total of US$84.8 billion by Q3, compared ...

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
... funds were also found to be prioritising returns over liquidity by increasing their allocation to private markets. For the third consecutive year, infrastructure remained the most sought-after asset, with nearly 60% of respondents aiming to increase ...

Adviser exam pass rate improves

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... less than 16,000 financial advisers practicing in Australia. A new financial adviser must pass the exam before starting the third quarter of their professional year and be authorised by an Australian financial services licensee (ASFL) as a 'provisional ...