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

Search Results

Showing 381 - 390 of 6466 results for "September"

Investment Trends names sales lead

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... finished up at Bell Direct. Tim Sparks will lead Investment Trends' sales operations across Australia, having joined in September. He is the former head of distribution and marketing at Bell Direct and its brands Desktop Broker and Bell Potter Online ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... account. The Retirement Reward paid by Brighter Super has risen from 0.5% in FY23 to 0.8% for FY24. As a result, at September end the fund paid about $2 million to members who transitioned their retirement savings into a Brighter Super Pension. This ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... market segment growth, ETFs grew the fastest by 40.6% in the 12 months to reach $204 billion by end June 2024. As of September, the Australian ETFs industry's assets under management went to a new record high of $219.5 billion. The LIC sector, meanwhile ...

ETF winners and losers in September

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... and the VanEck FTSE China A50 ETF, which gained 18.4%. VanEck said Chinese equities were the "Cinderella story" for September, having turned around from being one of the worst performing equity markets. China's equity benchmark soared 21.1% during the ...

Betashares launches defence ETF

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... and Defense Index, which comprises large- and mid-cap stocks from 23 developed countries, shot up 45.3% in the year to September, while the MSCI World rose 32.4%. GE Aerospace makes up 15.2% of the Aerospace and Defense Index, followed by RTX (11.8%) ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the target range, it was still a long way off ...

Regal renews Platinum takeover talks

MATTHEW WAI  |  FRIDAY, 4 OCT 2024
... minority stake in Argyle Group. Further, the company garnered substantial funds under management growth, up 41% in the September quarter from June 30 to some $17.2 billion. This marks a 4% increase from $16.5 billion on a pro-forma basis, which includes ...

ISG ordered to wind up managed investment schemes

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
... July 2020 and 21 June 2021. The licence suspension was revoked on 6 February 2023, when ISG rectified the matters. In September 2022, ISG ceased paying distributions and later froze investor redemptions. Since July 2023, ASIC has been undertaking an ...

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... (ETF) on the ASX. The New World Fund (Currency Hedged) Active ETF was admitted on the ASX under ticker code NNWH on September 30. The fund invests in companies that are likely to benefit from or contribute to improving global environmental sustainability ...

Australian Food Super picks TAL for group insurance

JAMIE WILLIAMSON  |  TUESDAY, 1 OCT 2024
... arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September 1, the mandate sits with TAL. Australian Food Super offers life insurance, total ...