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

Search Results

Showing 361 - 370 of 18691 results for "Act"

AustralianSuper expands UK fundamental equity team

MATTHEW WAI  |  TUESDAY, 17 FEB 2026
AustralianSuper, the $410 billion super fund, has appointed a head of fundamental equity research based in the UK. Maria Toneva has joined the super fund from Newton Investment Management, where she was deputy head of research for over 13 years. Prior ...

Challenger results a 'headline miss'

ELIZA BAVIN  |  TUESDAY, 17 FEB 2026
Challenger reported a statutory net profit after tax (NPAT) of $339 million, a massive 369% increase, in the first half of 2026. Normalised NPAT came increased 2% to $229 million and assets under management increased 3% to $128 billion. Despite the ...

Kapstream launches ASX-listed investment trust

RIDDHIMA TALWANI  |  TUESDAY, 17 FEB 2026
Kapstream Capital, the subsidiary of Janus Henderson Investors, will launch a listed investment trust on the ASX to meet growing demand for income products. Kapstream Investment Trust (KIT) is expected to be listed under the ticker 'KIT' in ...

HESTA urges government to modernise Australian retirement system

RIDDHIMA TALWANI  |  MONDAY, 16 FEB 2026
... system fairer for women and carers through an income tax system to incentivise carers to return to paid work. "If we don't act, by 2030 we could be talking about a missed opportunity worth up to $5 billion a year for Australian retirees and the economy," ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
... $5.6 billion from the prior corresponding period. Last October, ASIC sued Fiducian for alleged greenwashing and failing to act with care and diligence as the responsible entity of the Diversified Social Aspirations Fund (DASF) in relation to its description ...

ASIC cancels AFSL of Qld securities dealer

MATTHEW WAI  |  MONDAY, 16 FEB 2026
... February 11. ASIC found that the securities dealer had sustained "serious" breaches of its duties under s912A of the Corporations Act 2001 in its operation, including the failure to undertake due diligence prior to the appointment of CARs. ASIC said ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
APRA's role as prudential regulator in the wake of the First Guardian Master Fund and Shield Master Fund collapses came under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that ...

Nuveen takes over Schroders for $20bn

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
TIAA's Nuveen will acquire UK fund manager Schroders for $20 billion (£9.9bn) to create a $3.5 trillion (US$2.5tn) powerhouse. Nuveen has nearly $2 trillion (US$1.4tn) in assets under management, while Schroders has $1.6 trillion (US$1.1tn). Schroders ...

Bullish on AI? Don't buy US tech: Vanguard

ELIZA BAVIN  |  FRIDAY, 13 FEB 2026
Vanguard global chief economist Joe Davis said the rapid rise of artificial intelligence (AI) has become a transformative economic force. However, while today's AI leaders dominate headlines, tomorrow's winners may look very different. Speaking at an ...

Top JBWere wealth leader heads to UBS

ELIZABETH FRY  |  THURSDAY, 12 FEB 2026
... advocacy in Australia adds depth to UBS's leadership team," the Swiss bank said in a release. UBS said Nick Hughes will act as interim head of global wealth management Australia at UBS until Bird's return. Bird's new role will see him report ...