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FSC names new chair

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
... Election. "There is important work to be done with the industry and with government. We will be working hand-in-hand over the next few months to ensure the best outcome for our clients," Lloyd said. "We at the FSC have been doing this for two decades ...

Collaboration key to surviving change

KERRIE SYDEE  |  TUESDAY, 19 JUL 2016
... sharing that knowledge with your peers in a collaborative way of experimenting, failing, succeeding, improving and going to the next generation," he said. "We've seen this very much in the technology space over the last few years and the term they're ...

Industry innovation is not coming from within: Sharp

DARREN SNYDER  |  TUESDAY, 19 JUL 2016
... Sharp said STP has the potential for profound impact on the superannuation sector, as the way wages are paid from 1 July next year becomes more efficient and transparent, with flow-on effects for the payment of Superannuation Guarantee payments. "My ...

US becomes post-Brexit equity safe haven

ALEX BURKE  |  FRIDAY, 15 JUL 2016
... uncertainties. J.P. Morgan said it was therefore likely that the European market would underperform the US for at least the next three months, as US equities are less volatile and earnings growth is expected to rebound.

MainstreamBPO heads to NY

KERRIE SYDEE  |  FRIDAY, 15 JUL 2016
... and managing director Byram Johnston, who will oversee the New York operations, said that a North American presence is the next phase in the group's client growth strategy. "After the success of our offices in Asia we have been evaluating international ...

Foreign investment bound for South Australia

DARREN SNYDER  |  THURSDAY, 14 JUL 2016
... Canadian funds have upped exposure. In its 2016-17 state budget the SA government announced it will spend $12 billion over the next four years on infrastructure, including $1.6 billion on water infrastructure. About $20 million is being spent over two ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 JUL 2016
... sentiment index decreased to 99.1 in July from 102.2 in the previous month. Consumer expectations of economic conditions over the next 12 months dropped by 6.1% in July but the 5-year outlook was steady. While the unemployment expectations index increased ...

China ready to dominate: Nikko AM

ALEX BURKE  |  WEDNESDAY, 13 JUL 2016
... team, said in a climate of global economic and political volatility, "China won't be the topic we're worrying about over the next two months. It won't be the source of our risk." He noted that the Chinese government has "kept growth pretty steady, with ...

ETF pioneer donates $100m to ANU

MARK SMITH  |  WEDNESDAY, 13 JUL 2016
... returns from rent payments will be used to fund more scholarships. The gift is estimated to be worth some $200 million in the next 30 years. It amounts to the largest personal philanthropic contribution ever made to an Australian institution. "Together ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 13 JUL 2016
... could lead to trade tensions. China is the Philippines' third biggest export market (accounting for 12% of total exports) next to Japan (21%) and the US (15%). Latest data showed Philippine exports dropped by 3.8% in the year to May following a 4.1% ...

Editor's Choice

VanEck switches to AI-powered index

MATTHEW WAI
The ETF issuer is making a switch to one of its ETFs, telling Financial Standard the ETF will be Australia's first to use artificial intelligence (AI) to select international stocks, while confirming several new products will be available in the near future.

HESTA, Cbus, Mercer report super returns

RIDDHIMA TALWANI
HESTA, Cbus and Mercer have delivered strong returns for members over the financial year 2025-26 despite global uncertainty, attributing it to their diversification strategy.

Team Super welcomes new chief of staff

MATTHEW WAI
Team Super has appointed a senior executive to oversee its operations and staff, working alongside chief executive Vasyl Nair.

Global concentration risks to reorient investors: JBWere

RIDDHIMA TALWANI
A rising concentration risk across global and local equities is reorienting investors to income stocks and fixed income exposure, JBWere said.

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