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

Search Results

Showing 391 - 400 of 3358 results for "Frank"

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
The Sydney multi-boutique is dipping its toes into active ETFs, with the first being a long/short fund from Munro Global Partners. The Munro Global Growth Fund (Hedge Fund) started trading on the ASX today with the ticker MAET. The active ETF will invest ...

Westpac profits down on AUSTRAC fine

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
Westpac has reported a "disappointing" full year result with statutory profit down a staggering 66% as a result of the ongoing pandemic and its anti-money laundering fine. Statutory profit decreased $4.94 billion to$2.29 billion while cash earnings ...

First strike at Pengana LIC

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Pengana International Equities (PIA) faced a first strike against its remuneration report, as about 49.9% of votes went against it. Unitholders of the LIC had two resolutions before them at the October 28 Annual General Meeting: THE reelection of David ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
The government's new Your Future, Your Super investment performance benchmarking is flawed and will have unintended consequences, according to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
ANZ has felt the wrath of the pandemic, reporting a 42% loss on cash profit in its full year results as it tries to protect itself from future credit losses. It has also updated its climate policy, saying it will exit thermal coal by 2030. The bank's ...

Jarden continues Australian expansion

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
... president. The New Zealand firm referred to its first round of hires as a "heavyweight Australian research team". In September, Frank Sarks joined Jarden Australia as director of institutional equities after 16 years with Macquarie. Reeny Paraskeva joined ...

Vanguard awards global equity mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Vanguard has awarded a US$3.4 billion mandate to a boutique fund manager, replacing Franklin Templeton subsidiary Edinburgh Partners. Sprucegrove Investment Management will manage about 35% of the Vanguard International Value Fund, which has US$9.8 ...

Stephen Jones admits to anti-life insurance bias

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... based sales model attached to an advice sector can provide advice that is not conflicted," Jones said. "I want to be very frank. I don't want to leave anyone in any doubt of where I come into that conversation." Jones was clear that while Labor is ...

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
Perpetual Private has lost its head of multi manager, who has been with the firm for more than 17 years, and a research analyst. Theo Sofios departed last Thursday, a spokesperson for Perpetual confirmed. Sofios had been with Perpetual for 17 years ...

Vanguard boosts Aussie executive team

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
... process and will join Vanguard as it continues its growth and expansion in Australia. Vanguard Australia's managing director Frank Kolimago said: "Curt's appointment further adds to the depth of skills and knowledge of the team at Vanguard Australia ...