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

Search Results

Showing 521 - 530 of 7220 results for "Record"

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... Miller's prediction matches that of the market, which has priced in a 70% likelihood for an interest rate cut. "I am on the record in saying that the RBA will cut rate in February, and I still think that is the case," Miller said. "The quality of the ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... increasing 8% over the quarter to $98.9 billion as at 31 December 2024 (up 36% on the prior corresponding period) -driven by record quarterly net inflows of $5.5 billion and positive market movements of $1.8 billion. The company said during the quarter ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... funds' performance against the Retirement Income Covenant. Top-10 status should be granted only to funds that have a proven record of providing useful retirement advice and guidance to their members. That is, funds that are taking seriously their ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ...

Former AIA executive finds new gig

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... commitment to delivering strategic insights and consulting solutions to help clients achieve growth and success. "A strong track record in driving innovation, delivering strategic insights and building strong client relationships makes Tremethick a fantastic ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... several metrics going into 2025. The fund returned 11.95% for its MySuper Balanced option to 31 December 2024 and saw a record 300% increase in member growth from April to November 2024 compared with the prior same period. Legalsuper also reported a ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... than the average monthly population growth of 0.2% over the year." The employment-to-population ratio rose 0.1% to a new record of 54.5%. "This was 0.5 percentage points higher than a year ago and 2.3 percentage points higher than before the COVID-19 ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
Despite a turbulent 2024, the prospect of more accommodating monetary and regulatory policies has turbocharged an up and to the right trend that's flattered many asset managers' businesses. However, themes that will shape the industry now, and in the ...

Apollo scoops up Argo Infrastructure Partners

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2025
... expertise, and we look forward to integrating this successful strategy into our franchise, continuing the team's strong track record of providing investors with thoughtful, differentiated access to mid-market core and core plus infrastructure." The transaction ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... under management (FUM) reached $246.3 billion - registering a $68.9 billion increase in 2024 - the largest annual growth on record, according to Betashares. Betashares Australian ETF Review said looking ahead, the industry could exceed $300 billion by ...