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

Search Results

Showing 381 - 390 of 5502 results for "Mid"

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The seasonally adjusted unemployment rate fell by 0.2 percentage points to 3.9% in November, according to the Australian Bureau of Statistics (ABS). "With employment rising by 36,000 people and the number of unemployed decreasing by 27,000 people, the ...

Bennelong refreshes board

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Bennelong Funds Management has welcomed a new chair following the retirement of Lincoln McMahon at the end of December. Lincoln McMahon will be succeeded by Campbell Fleming who brings over 35 years of experience in asset management and financial services ...

First Sentier expands mandate with Northern Trust

MATTHEW WAI  |  THURSDAY, 12 DEC 2024
Northern Trust will offer a range of front-to-back solutions as third-party administrator for First Sentier Investors under an extended agreement. Under the new terms, Northern Trust will integrate custody, depositary/trustee services, fund accounting ...

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... first foray into private markets. Pacific Current Group is providing a broad range of financing and strategic solutions to mid-market private capital asset management firms, GQG said. "Avante, Cordillera and Proterra are excellent examples of the types ...

Eyes on gaming, Chinese tech in 2025: Orbis

MATTHEW WAI  |  WEDNESDAY, 11 DEC 2024
... cycle' to deal with, which is an obvious risk for the company." According to tradition, the Switch 2 - expected to launch in mid-2025 - will not perform well. However, Marais believes it may well defy the odds. "We believe that there are some good ...

Insignia taps SS&C, outsources 1000 workers

KARREN VERGARA  |  TUESDAY, 10 DEC 2024
... technology functions to SS&C. Insignia's staff work across seven offices nationwide. The transition is expected to occur in mid-2025. Insignia will also overhaul its technology platforms and operating models into one, underpinned by SS&C's registry ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
... reduction in the amount members would have received in interest on their savings. It was due to go to a four-week hearing in mid-November, but the matter has now been settled for $64.25 million, inclusive of legal fees. The amount is still subject to ...

2025 economic outlook 'threatening': AMP

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
AMP chief economist Shane Oliver has shared his "worry list" for 2025, outlining the risk of recession, trade wars and geopolitical turmoil. Oliver said just as with 2024, the list of concerns for investors heading into 2025 is long, and "even more ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... Australia (RBA) make a dovish pivot, but our hopes are slim on the bank's firm hawkish leanings. Keeping policy restrictive till 'mid-2025' will not let the economy escape this deep downturn." IG market analyst Tony Sycamore said the soft GDP read reflects ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... relationships, and powerful technology, differentiate our ability to serve clients." The transaction is expected to close in mid-2025 subject to regulatory approvals and customary closing conditions.