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

Search Results

Showing 31 - 40 of 191 results for "Lucas"

Investors pile into companies on life support

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... and it appears that (locally at least) we managed to avoid far worse scenarios." InvestSmart chief market strategist Evan Lucas said fiscal and monetary stimulus had softened fears of the pandemic's blows, with investors pouncing on COVID-19 impacted ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... is down 16% over the past three months. Over the past year, total FUM has increased by 25.4%. Raiz chief executive George Lucas said the government's superannuation scheme softened a lift in FUM. "The rate of net churn in customer numbers stabilised ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... investment expenses related to its expansion in Southeast Asia. Raiz Invest managing director and chief executive George Lucas said the figures demonstrate the resilience of the business. "Despite the unprecedented disruption caused by COVID-19 and the ...

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
... quarter. "For this outcome we can only offer you our sincere thanks," Raiz managing director and chief executive George Lucas said. "The team and I will work hard to meet your expectations and assist you in taking control of your finances in these difficult ...

Raiz defends double fee

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... because it collects both management and funds under management (FUM) fees from its customers. Raiz chief executive George Lucas said 66% of the company's revenue is generated from a $2.50 per month management fee from active customers, while 14% ...

New partner at Koda Capital

KANIKA SOOD  |  MONDAY, 3 FEB 2020
... Chowdhury from Macquarie. In 2018, Koda hired Frank Macindoe, James Hawthorne and Brendan Jones from JBWere as well as Justin Lucas and Alison Matthews from Commonwealth Bank.

Defined contribution: A global perspective

HARRISON WORLEY  |  THURSDAY, 14 NOV 2019
... executive Richard Klipin and president and chief executive of the United States' Employee Benefit Research Institute Lori Lucas in a discussion about the similarities and key differences in the defined contribution systems of Australia, New Zealand and ...

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... clients were charged zero fees for balances of less than $5000 and 0.275 per cent a year thereafter. Managing director George Lucas said: "Our fees have been unchanged for the past three years, but the new fee structure will ensure the Raiz app continues ...

No-deal Brexit prolongs market uncertainty

KARREN VERGARA  |  WEDNESDAY, 16 JAN 2019
... best interest interests to remain with the EU of 508 million people, she said. Moving forward, Raiz chief executive George Lucas said the equity market expects that there will be some deal with Europe "to kick the can down the road." The dates associated ...

Raiz expands offshore

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... announced it secured a licence to distribute mutual funds via subsidiary PT Raiz Invest Indonesia. Managing director George Lucas said Raiz has progressed in modifying its platform for the Indonesian market, which has a population of about 270 million ...