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

Search Results

Showing 491 - 500 of 2776 results for "Gold"

APRA heatmap sees members save on fees

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
APRA analysis shows a significant proportion of MySuper members have been spared more than $100 million in fees in the last six months thanks to the introduction of its heatmap. Updating its MySuper heatmap to reflect changes in the fees charged, APRA ...

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... independent third-party review of its audit process after an AFR investigation raised concerns about conflicts in how it sources gold. The Western-Australian government owned Perth Mint allegedly buys up to $200 million of conflict gold from a PNG firm ...

Regal Atlantic fund up 12.5% in May, down 61.65% YTD

KANIKA SOOD  |  THURSDAY, 11 JUN 2020
... while short positions took away more than 15% from the returns. Regal's overweight to material stocks like Australian gold producer Red 5, which rose 42% in the month as it completed a $125 million capital raise to develop a new site in Western Australia ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
Hamilton Blackstone Lawyers managing director Cristean Yazbeck has argued that ASIC is mainly concerned with its own reputation and the media releases it can put out in relation to action on financial advisers. Yazbeck said in a paper that after ASIC ...

Newgate fund starts new life

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... Lucerne have an existing relationship, with the latter's funds investing in Sanlam's UK-run funds including the Baker Steel Gold Fund. Under Newgate, the fund invested primarily in Australian REITs and infrastructure but under Sanlam, it will shift its ...

Gold holding onto Fibonacci resistance: Daily FX

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
As gold continues to be a highly sought safe haven during ongoing market concerns, gold prices are an indication the precious metal is the most overbought since 2011, according to Daily FX analysis. James Stanley, strategist at Daily FX, said the price ...

Impact offers opportunity during crisis: Report

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
As COVID-19 exposes entrenched problems in society, the ability to scale social impact investments in Australia holds significant promise to drive progress towards solutions, a new report reveals. UTS associate professor Danielle Logue and Dr Gillian ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
ASIC has cancelled the Australian financial services licenses of Western Australia-based, Personal Risk Management and Melbourne-based Australian Golden Securities ASIC said Personal Risk's cancellation took effect on 21 May 2020, after the company ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
A Sydney boutique under Grant Samuel Funds Management's banner has closed its $28 million fund that invested in VIX and S&P 500 options. Triple3 Volatility Advantage, run by former Goldman Sachs, Merrill Lynch and JP Morgan Singapore options trader ...

Balanced funds fundamentally flawed

ALLY SELBY  |  MONDAY, 25 MAY 2020
... in the superannuation industry." These portfolios should act like a traditionally balanced fund in bull markets, and like gold and cash during periods of drawdown, Rachchoff argued. "You see a lot of portfolios that are supposed to be 'diversified,' ...