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

Search Results

Showing 5281 - 5290 of 29070 results for "PRI"

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

BT Panorama sees SMSF growth

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ...

Caddick's husband chases payday

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
The former hairdresser husband of missing, presumed deceased, fraudster Melissa Caddick is continuing to pursue a stake of the wealth Caddick dishonestly amassed - despite ASIC attempting to claw back funds for victims. Anthony Koletti has been married ...

ART responsible investment specialists jump to Redpoint

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Redpoint Investment Management has appointed two portfolio managers, both joining from Australian Retirement Trust (ART) where they were responsible investment specialists. Hunter Page and Chris Parks have joined the investment manager. Page and Parks ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

Stock picking dominant source of alpha: Research

JAMIE WILLIAMSON  |  TUESDAY, 19 APR 2022
Stock picking is the main source of alpha in about 90% of institutional portfolios, a research firm has found. Analysis of 752 equity mandates by Inalytics, including several managed on behalf of Australian institutions, found 88% of portfolios generated ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

Coombes Property Group adds to industrial portfolio

CHLOE WALKER  |  TUESDAY, 19 APR 2022
Sydney-based developer Coombes Property Group (CPG) has made its first major acquisition in the industrial sector after the purchase of a large site near Sydney Airport for just over $25 million. Led by Michael Coombes, CPG is best known for its residential ...

Heritage Bank, People's Choice proceed with merger plans

CHLOE WALKER  |  TUESDAY, 19 APR 2022
The banks are moving forward with plans to merge following a rigorous due diligence process. The merger between Heritage Bank and People's Choice Credit Union is set to create an organisation with about 720,000 members and $22.5 billion in total assets. ...

HESTA appoints chief financial officer

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
The $68 billion industry superannuation fund, HESTA, has hired a new chief financial officer who was previously at Victorian Funds Management Corporation (VFMC). Sally Collins has been appointed chief financial officer for the fund. She was most recently ...