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

Search Results

Showing 5071 - 5080 of 20553 results for "BEN"

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
It appears that no one and nothing is immune from the spread of the coronavirus. It's now turned the bull market in crude oil into a bear. Crude oil prices sank by more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent ...

Industry split over super fee hike

ELIZABETH MCARTHUR, JAMIE WILLIAMSON  |  TUESDAY, 4 FEB 2020
A new fee introduced by Australia's largest superannuation fund has divided the industry, with many questioning its legitimacy. Earlier this month AustralianSuper notified members it would be introducing a new fee called 'Administration fee ...

Argo Investments' profit plunges

ALLY SELBY  |  MONDAY, 3 FEB 2020
Listed investment company Argo Investments' profit has taken a dive, falling 24.4% from the previous period. Yet Argo has maintained its half-year dividend at 16 cents per share fully franked. The company announced a half-year profit of $118.8 million ...

Chief economist update:China prepares anti-viral injection

BENJAMIN ONG  |  MONDAY, 3 FEB 2020
"Fear of death is worse than death itself..." - Gosho Aoyama The rate of infection from the coronavirus continues to multiply and, along with it, the sense of panic that has resulted in an almost worldwide ban on travel to and from China, complete lockdown ...

Former CFS GAM head in new venture

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
The former Colonial First State Global Asset Management head of responsible investment is gearing up to launch a new sustainable investing solution. Pablo Berrutti is launching Altiorem, a registered charity which will act as an online library and resource ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
Fidelity has revealed plans to roll out client personality tests to financial advisers. The international fund manager released its Value of Advice report this week, with research from CoreData, which included insights into the personality types of ...

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
Link has entered into a binding agreement to acquire a European loan servicing, advisory and asset management business. Link Group is set to acquire 100% of Pepper European Servicing (PES) for an upfront payment of around $266 million, and a further ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
"Gone Fishing!" Given "current" market expectations, this would be an appropriate sign on the Fed's door. As expected, the US central bank kept monetary policy settings unchanged at the conclusion of its January FOMC meeting. "The Committee decided ...

Industry fund dumps Link

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... our members will benefit significantly from our partnership with Mercer." Chief executive of Mercer's Australian office, Ben Walsh, outlined Mercer's expertise in managing defined benefit schemes as an important factor in its offering to the ...

AMP cuts super fees

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
AMP is reducing investment and administration fees across its suite of superannuation products, including removing the Stronger Super fee it introduced in 2013 to finance the implementation of the reforms. The fee cuts will be applied to MySuper, choice ...