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

Search Results

Showing 3981 - 3990 of 22130 results for "Tim"

Pendal, Perpetual in acquisition talks

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUL 2022
The two entities are in high-level discussions, it's been confirmed. Pendal entered a trading halt shortly after midday yesterday, pending an announcement. Later in the afternoon, the manager announced it is in discussions with Perpetual regarding a ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... more flexibility in accessing US and European markets. This update comes after HUB24 recently announced the appointment of Tim Steele as chief executive of Class Limited, which the group acquired in February. Steele will join the HUB24 group executive ...

CFA exam results improve

CHLOE WALKER  |  TUESDAY, 19 JUL 2022
The CFA Institute has released its latest exam results, with a promising pass rate of 38% for its Level 1 exam. Of the more than 19,000 candidates worldwide who sat the exam in May this year, a total of 7315 passed. These results are a slight improvement ...

Moore Wealth joins Count Financial

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
Count Financial has announced Moore Wealth Advisers as the latest firm to join its national advice community. Moore Wealth Advisers is a bespoke wealth advisory that was established in 2018 and previously licensed through RI Advice. Along with changing ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
APRA has said it intends to issue draft guidance on how super funds can demonstrate clear understanding of ESG risks, manage those risks, and reflect ESG considerations in investment strategy. Responding to submissions to its consultation process for ...

Is the wage price spiral narrative a lie?

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
Labour costs have played an insignificant role in the recent increase in inflation, according to an Australia Institute analysis. While a plethora of market commentary has expressed concern that aggressive wage growth will elevate inflation levels ...

Local ETF industry flows positive, lower FUM: BetaShares

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
According to BetaShares, a combination of sharemarket declines and cautious investors characterised the first half of the year for the local ETF industry. In its half-yearly Australian ETF review, BetaShares noted the industry was far less buoyant in ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
The investment platform now has $40.5 billion in funds under administration, up 10% on the same time last year. Additionally, Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
The unemployment rate has fallen to 3.5%, the lowest level since 1974, and near-record inflation hasn't subsided, leading experts to believe that aggressive rate hikes will continue. Australian Bureau of Statistics (ABS) data showed the number of ...