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

Search Results

Showing 4751 - 4760 of 20552 results for "BEN"

Australian Unity hires from QIC

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
Australian Unity has appointed a portfolio manager for its new healthcare investment initiative. Victor Windeyer has been appointed portfolio manager to lead the development of a new healthcare investment focussed initiative within the funds management ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
"Happiness equals reality minus expectations". Tom Magliozzi's famous five words appear to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... sitting calendar next week as non-controversial, meaning both parties agree it should pass. FPA head of policy and standards Ben Marshan said that during the webinar, which could not be attended by media, confirmation of the extension was welcomed by ...

Prodigy boutique to continue

KANIKA SOOD  |  FRIDAY, 8 MAY 2020
It's business as usual at Flinders Investment Partners, after its multi-boutique partner Prodigy decided to shut in March. On March 18, Steve Tucker's Prodigy Investment Partners closed its doors after about six years of operation, after its ...

Macquarie advice shift offers mixed results

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
Macquarie's advice shift towards high-net-worth clients has both dragged and contributed to the firm's full-year results. Announcing its full-year results to the market today, Macquarie revealed its banking and financial services arm made a ...

AMP Capital ups jail stake

HARRISON WORLEY  |  FRIDAY, 8 MAY 2020
AMP Capital has taken a majority stake in a New Zealand corrections centre, boosting the firm's social infrastructure holdings. The Auckland South Corrections Facility (ASCF) is now 70% owned by AMP Capital, after it acquired a further 30% of the facility ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
'Annus Horribilis' made the headlines in 1992 when Queen Elizabeth used this Latin phrase - which translates to 'horrible year' - in her speech at Guildhall to mark the 40th year anniversary accession. Her royal majesty was, of course ...

Investors back corporate bonds as COVID-19 winner

ALLY SELBY  |  THURSDAY, 7 MAY 2020
As COVID-19 batters the once celebrated yield-providing banks, investors have turned to corporate bonds in their search for income. Amid the spiraling economic environment, investors have become increasingly aware of the difference between "dividends" ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...

Darwinian time for super

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
With COVID-19 rapidly shifting the ground beneath them, only the fittest superannuation funds will survive, according to Hostplus' Paul Watson. Appearing as part of a virtual panel discussing mergers in super, Hostplus group executive member experience ...