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

Search Results

Showing 31 - 40 of 1384 results for "Power50"

The ugly truth: Unattractive fund managers are investment darlings

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
According to a study by Shanghai Jiao Tong University, having a face only a mother could love pays off in funds management, as unattractive fundies outperform their good-looking peers. In the first economics study to employ a deep learning model to ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
Too much power has rested in the hands of PwC chief executives, who are elected in a presidential-style campaign and, other than maintaining popularity, have unchecked authority, an independent review has found. The report by former Telstra boss Ziggy ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
The government has published its draft legislation and is seeking feedback on its proposed reforms, which aim to strengthen the integrity of the tax system and regulators' powers in response to the recent PwC scandal. The new legislation outlines changes ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Prime Super acquires utilities provider

KARREN VERGARA  |  TUESDAY, 19 SEP 2023
The $6.7 billion Prime Super has acquired a utilities provider in which Macquarie Group held a stake. Active Utilities provides electricity, gas, and water, as well as end-to-end billing and customer support services. It operates 75,000 utility meters ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Aware Super has launched a new portal for financial advisers as part of its digital transformation project. Adviser Portal can view their client dashboards, change investment options, manage client contributions, and track actions requested on behalf ...

AI to revolutionise investment industry: Research

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
The investment industry's digital transformation will be accelerated using artificial intelligence (AI) and big data, both of which stand out as some of the most influential factors in coming years. The CFA Institute's Research and Policy Centre's ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
The Financial Accountability Regime (FAR) passed the upper and lower houses of parliament yesterday, more than four years after it was first introduced. The Financial Accountability Regime Bill 2023 will apply to the banking industry six months after ...

MSCI amplifies AI capabilities

CHLOE WALKER  |  FRIDAY, 1 SEP 2023
The global investment company has expanded its partnership with Google Cloud to accelerate the development of generative AI solutions for the investment industry. Powered by Google Cloud's gen AI platform Vertex AI and climate technology, including ...