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Showing 381 - 390 of 8439 results for "Los"

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
State Super closed its main defined benefit schemes in 1985 and 1992, meaning the fund is on a long slow march to completion. Its chief executive John Livanas unpacks the challenges of managing a fund with no new members and an inevitable end. State ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
SQM Research has placed the private credit sector on watch, saying it is increasingly encountering red flags when rating offerings. The research house has been covering private credit since 2007. SQM currently rates on some 70 private credit funds across ...

BlackRock rebalance sparks record-high ETF trades on ASX

KARREN VERGARA  |  THURSDAY, 20 MAR 2025
The ASX recorded its biggest-ever ETF market turnover in a day earlier this month, hitting a whopping $2 billion on March 6, largely thanks to BlackRock reducing its equities exposure and shoring up defensive assets within its model portfolios. The ...

CFS Edge, North enhance platform capabilities

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
Colonial First State (CFS) and AMP have announced updates to their respective managed accounts (MAs) platforms - CFS Edge and North - bringing new international investment options and technological advancements. The CFS Edge platform has expanded its ...

Skills gap crisis costing Australia $3.5bn a year

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
School-leaver job uncertainty and the widening skills gap is costing the Australian economy billions of dollars every year, according to a new report by Year13 and HEDx. The report, which highlights the challenges faced by students in post-school transition ...

Tranche 2 is coming before the election: Jones

ELIZA BAVIN  |  WEDNESDAY, 19 MAR 2025
Assistant Treasurer and Minister for Financial Services Stephen Jones has confirmed Tranche 2 off the Delivering Better Financial Outcomes reforms will be released before the upcoming election. Speaking to Financial Standard, Jones said Tranche 2 has ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

GQG loses top sales exec

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
GQG Partners has a new head of wholesale following the shock departure of Daniel Bullock who has been with the boutique manager since it opened its doors in Australia. Ash Naidu will step into the top distribution job. This is a big promotion for Naidu ...

ASIC bans adviser jailed for supplying drugs

MATTHEW WAI  |  FRIDAY, 7 MAR 2025
... on drug offences after having been arrested in July 2018 for importing 40 grams of cocaine inside a motorbike helmet from Los Angeles. He was also found guilty of possessing cash that was the proceeds of selling cocaine, and of supplying a commercial ...