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

Search Results

Showing 31 - 40 of 3445 results for %22HOME%22

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... records. During his tenure, Guo also moved $2.6 million from an account with investor funds, allocating portions to his personal home loan and bank account. Further, ASIC notes that Guo took control of 23.11 bitcoins, valued at roughly $1.8 million and ...

Super funds captivated by equities: Research

KARREN VERGARA  |  TUESDAY, 27 FEB 2024
... appetite for bonds, allocating 58% and 56% respectively. Across the board, the study found that there is a clear sign of reduced home bias in equities. Weightings in domestic equities has fallen, on average, from 60% in 2003 to 36.3% in 2023. Out of ...

Warren Buffet honours Charlie Munger in Berkshire shareholder letter

ANDREW MCKEAN  |  MONDAY, 26 FEB 2024
Warren Buffet praised his former right-hand man, Charlie Munger, as the "architect" of Berkshire Hathaway in its latest shareholder letter. In his tribute, Buffet acknowledged Munger for guiding him to acquire wonderful businesses at fair prices rather ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... leading investment platform providers, currently holding more than $22 billion in funds under administration. It is a natural home for the clients and employees of the Iress platform business and we are delighted to have reached an agreement today which ...

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... which a much larger proportion diversify internationally, typically with larger weightings," Mihaylov said. "Although this home bias generally leads to sub-optimal levels of investment diversification, it can also act to boost earnings and returns during ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... to 11.7%. In response to this, the FSC has proposed revising the net asset threshold to $5 million, including the family home, to recalibrate eligibility to just 3.1% of households. Alternatively, if the threshold was changed to $2.4 million excluding ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... totalling $6 billion. Banking and Financial Services (BFS) reported a 3% increase in total deposits to $135.6 billion. The home loan portfolio rose 3% to $117.9 billion, and funds on platform grew 6% to $132.8 billion. The business banking loan portfolio ...

Advice reforms can solve retirement income challenges

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... everyone. A broad frame is required to consider super alongside any sources of government support, income from part-time work and home equity to fund a dignified retirement," he said.

Betashares to launch Nasdaq ETFs

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... exposures to the fund manager's existing Nasdaq 100 ETF (NDQ) which recently passed $4 billion in assets. "As Australia's home of the Nasdaq 100 ETF, we're proud to expand the universe of investment solutions providing exposure to some of the world's ...

Equity Trustees adds more super fund clients

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... of funds following the acquisition of Guild by Future Group. The Clearview Retirement Plan was established in 1987 and is home to about 12,500 members. As at June 2023, it had about $2 billion in funds under management. Its trustee was ClearView Life ...