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

Search Results

Showing 3841 - 3850 of 8611 results for "DIF"

Fintech firm launches $7.5m IPO

ALEX BURKE  |  TUESDAY, 7 NOV 2017
A fintech business offering a commission-free flat-fee ASX brokerage service has opened its initial public offering, aiming to raise up to $7.5 million. SelfWealth (ASX:SWF) will issue 37.5 million shares at 20c per share and anticipates market capitalisation ...

Younger generations gaining super ground

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
Millennials' share of Australia's superannuation pool has more than doubled over the last decade, according to Roy Morgan. The latest findings from the researcher's Single Source Survey (Australia) shows gains in superannuation market share were made ...

CommInsure awards $300m risk premia mandate

ALEX BURKE  |  TUESDAY, 7 NOV 2017
CommInsure has awarded a $300 million mandate to a global asset manager. The funds were invested in GAM's Systematic Alternative Risk Premia product. GAM, headquartered in Zurich, operates in 13 countries and provides investment solutions for institutions ...

FinPal integrates broking capabilities

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
FinPal will add functionality for mortgage brokers to its software to accommodate for the increasing overlap of broking with financial advice. The next release of the FinPal software will seek to bridge the gap created by advisers and brokers using ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
The Revenue and Financial Services Minister today welcomed a consultation paper on the terms of reference, governance and funding arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is ...

Quant manager ties momentum with machine

DARREN SNYDER  |  FRIDAY, 3 NOV 2017
A global quantitative investment manager has turned the clock to re-evaluate its momentum strategies, using expertise in machine learning to build better alpha-capturing trading systems. In his recent trip to Australia, Man AHL chief scientist Anthony ...

NAB to simplify operations via job cuts

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
About 4000 NAB employees look set to lose their jobs by 2020 as the bank further automates its business. Releasing its full year results, NAB said a reshaping of its workforce would see the creation of 2000 new jobs to 2020, though overall about 6000 ...

Financial services firms eye machine learning

KARREN VERGARA  |  THURSDAY, 2 NOV 2017
Machine learning is transforming the way financial services operates, as a growing number of Australian firms are adopting it to make sense of big data and to improve productivity. According to Bloomberg, more than half (55%) of Australian financial ...

FPA supports disadvantaged youths

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
The Financial Planning Association of Australia's philanthropic arm has awarded $133,000 in support of young disadvantaged Australians. This year alone, the Future2 Foundation has funded projects in financial literacy, skills training, work experience ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...