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

Search Results

Showing 501 - 510 of 9692 results for "Lowe"

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
AustralianSuper has changed the way it invests deceased members' funds and refreshed the investment objectives for two options. As of October 1, AustralianSuper is moving account balances to the cash option after it is notified of a deceased member's ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
The S&P Dow Jones SPIVA Global Scorecard has revealed another tough year for active management in 2024. Initially covering just US-domiciled funds, nine regional year-end scorecards now cover active performance in funds operating in markets in Australia ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
ANZ and OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement. The no-fault settlement was reached with ANZ and its former subsidiaries, OnePath Custodians (OPC) ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
Investment management firm GQG Partners has achieved extraordinary success across its core strategies - global equity, international equity, emerging markets equity, and US equity. All these strategies belong to an exclusive club of long-only active ...

Hamilton Lane adds SCOPE to product lineup

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
Hamilton Lane has announced the launch of its Senior Credit Opportunities Fund (SCOPE) in Australia. SCOPE is a senior private credit vehicle targeting floating-rate, senior secured loans and intended for investors seeking potential safety and yield. ...

Labor delivers another budget surplus, but productivity stalls

ELIZA BAVIN  |  TUESDAY, 1 OCT 2024
The final budget outcome for 2023/24 came in as a surplus of $15.8 billion - or 0.6% of GDP - for the underlying cash balance - an improvement of $6.5 billion on the previous estimates. The better-than-expected outcome was driven mainly by the payments ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
The Australian Competition and Consumer Commission (ACCC) won't block Stockland and Thai property developer Supalai's plan to acquire 12 of Lendlease's 16 residential community projects, but there are strings attached. The masterplanned communities ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
Schroders is providing retail investors with access to the local wholesale high yielding credit universe via a new fund. The Schroder Australian High Yielding Credit Fund, which has been an allocation within Schroders fixed income and multi-asset strategies ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Soul Patts sees profits slide 28%

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Washington H. Soul Pattinson reported a drop in statutory net profit after tax from $609.7 million in FY23 to $498.8 million in FY24. The fall was attributed to lower profits from some of the group's major holdings in New Hope and Brickworks in its ...