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

Search Results

Showing 471 - 480 of 2708 results for "Agreement"

FPA membership declines, deficit materialises

ANDREW MCKEAN  |  THURSDAY, 3 NOV 2022
... areas where the many disparate stakeholders across financial services agree, and to spotlight and amplify these areas of agreement with policy makers and regulators." Further, Abood harboured great concern for the drop in adviser numbers, especially ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... management lending in emerging markets, and securitised products. This will be led by Louise Kitchen. It has also entered an agreement with a consortium led by Apollo Global Management to transfer a "significant portion" of its Securitised Products Group. ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... accelerating our growth across the entire private debt market." Regarding the transaction structure, the definitive agreement for Nuveen to acquire a controlling interest in Arcmont includes the minority stake held by Dyal Capital Partners IV. The transaction ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
CommSec and AUSIEX will pay the largest penalty ever handed down for breaches of Market Integrity Rules. CommSec has been ordered to pay $20 million while AUSIEX will pay $7.12 million for systemic compliance failures over a nine-year period. In a case ...

Aqualand, Qualitas launch $600m luxury project

CHLOE WALKER  |  WEDNESDAY, 19 OCT 2022
In what's said to be one of the largest loans of its kind in Australia, the $600 million funding package will be used to complete the construction of a commercial development project in North Sydney. The deal between Aqualand and Qualitas is believed ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
... Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. Under an agreement, CBA was entitled to 30% of the total net revenue derived by CFS from the product every financial year. In total, this amounted ...

Super funds more likely to recall shares for proxy votes: Research

RACHEL ALEMBAKIS  |  TUESDAY, 20 SEP 2022
Institutional investors, such as super funds, are more likely to recall loaned shares to exercise voting rights in line with proxy voting policies, research has found. In the decade since the introduction of the "two-strikes rule" in 2011, more institutional ...

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
... expectations of our 50 largest Australian investments include a proactive approach to reducing emissions in line with the Paris Agreement, an understanding of the climate risks embedded in their assets and businesses, and transparent disclosure explaining ...

Blue Orbit signs distribution deal

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
... now distribute the Blue Orbit Asset Management Global Small Cap Systematic Alpha Fund. According to Blue Orbit, the agreement follows a comprehensive process to expand its distribution capabilities. "Hillcrest's boutique, client centric approach ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... said. The change affects NZ$25 billion of its overall investment portfolio and aligns their benchmarks to the Paris Agreement. "In addition to alignment with climate goals, we expect these new indices to deliver better environmental, social and governance ...