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

Search Results

Showing 391 - 400 of 8314 results for "retail"

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... $39.1 billion in November. Net outflows in the month of December were $400 million. This was a split of $200 million among retail and institutional investors. The fund manager made about $6 million in performance fees in the six months to December, which ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... despite the rocky economic conditions. "Australians are also continuing to demonstrate spending power, based on the strong retail sales in November and December. Record breaking Black Friday sales, which are expected to be up by 2.7% on last year's ...

Sanlam Private Wealth breaches licensee obligations, hit with enforceable undertaking

MATTHEW WAI  |  MONDAY, 6 JAN 2025
... financial services offered by CARs. Further, some of its fintech CARs managed large pools of investor assets and serviced large retail client bases. Some offered online trading platforms and crypto-based investment products that posed great risks to ...

Zenith hires from Preqin and Morningstar

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... worked with GlobalData Plc's professional services business. Wang has also held senior roles with Nielsen working in retail and FMCG and with Euromonitor International in strategic consumer research. "Jim's expertise in data analytics and client ...

SG Hiscock adds to Melbourne team

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... working with current and prospective clients, strengthening and expanding the firms' relationships amongst wholesale and retail investment channels and financial adviser networks. The recruit joins from Alexander Funds, where he worked as a regional ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
ASIC is taking Binance Australia to court alleging it denied more than 500 retail clients important consumer protections by misclassifying them as wholesale clients. ASIC alleges from 7 July 2022 to 21 April 2023, Binance offered crypto derivative products ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... deal of income, it's very difficult to form a view on value," he said. As previously reported by Financial Standard, retail superannuation giant Colonial First State also said no to crypto, with its chief investment officer Johnathan Armitage explaining ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... members on the monetary policy board. Baker has 35 years' experience in the financial services sector, with a focus on retail banking and funds management. She recently served as chief executive of Bendigo and Adelaide Bank and deputy chair of the ...

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
... a range of funds because of low investor uptake. The ETF provider announced last week that it will be axing its Online Retail and E-Commerce ETF (IBUY), Digital Health and Telemedicine ETF (EDOC), Future of Payments ETF (IPAY), Future of Food ETF (IEAT) ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... wealth is in the hands of the top 100 billionaires, the research found, noting that almost half work in the consumer and retail and materials sectors with each accounting for 24%. This is followed by the technology sector and financial services sectors ...