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Showing 351 - 360 of 7838 results for "Open"

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... unchanged. Financial Standard understands that a consultation period has now commenced, with applications for new roles set to open soon. The proposed restructure is to create 16 additional positions to support Cbus' growth. The spokesperson said ...

Active managers find no saviour in dual access products

ANDREW MCKEAN  |  TUESDAY, 29 OCT 2024
... The rest of the market showed 26% growth in funds under management from net flows alone. Notably, the Magellan Global Fund (Open Class) was both the largest fund by size and had the highest negative net flows of any dual access product. VanEck Asia Pacific ...

CommSec names new chief economist

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
... and Henderson Global Investors. James announced he would be stepping down from his position last month and has been very open about being diagnosed with Parkinson's Disease. "After an incredible career at CommSec spanning over 22 years, we are both proud ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... (£1.1bn). Listed on the London Stock Exchange, at the close on Wednesday abrdn's share price was $320 (£164.05) - at the open on Thursday it had sunk to $295 (£150.92). By Thursday's close it was sitting at about $284 (£145.55). The $6 billion in ...

CSLR warns adviser levy will balloon

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
The Compensation Scheme of Last Resort (CSLR) warned the advice sector should brace for an even bigger levy in the 2026 financial year, forecasting a total of $20 million. Financial advisers are set to cough up more than $20 million in FY26, which will ...

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...

Australian Ethical awards front office mandate

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... reduce risk as we continue to grow." Charles River head of Asia Pacific and Middle East Vinayak Bhat said the cloud-based, open architecture of its investment management solution provides an operating model that can "meet the evolving demands of many ...

Australian equities rise, but global markets preferred: Morningstar

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... indexes, according to Morningstar research. While local opportunities exist at a more granular level - especially for investors open to looking beyond the index - Morningstar said it sees greater merit in global markets, such as Chinese equities on valuation ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
Perpetual shareholders' overwhelming rejection of the remuneration report yesterday comes as the fund manager stemmed outflows in the September quarter. In an opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony ...