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

Search Results

Showing 531 - 540 of 3163 results for "Owner"

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
... the new business, which it acquired for $1, will be fully independent of PwC and employ around 1750 staff overall. The new owner said it will commit more than $100 million to boost the growth of Scyne Advisory, funds will be used to support employment ...

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... the price margin for his own benefit, including to pay personal debts. He also disguised that a related party was the true owner and seller of unlisted shares that he arranged his clients to purchase. While Sutton and McFaddens retain the right to contest ...

Rising costs bite asset owners

KARREN VERGARA  |  MONDAY, 3 JUL 2023
The cost to do business for asset owners is becoming more expensive, as many report a 34% jump in fund servicing expenses over the last three years as they also grapple with lower management fees. The Investors' Costs and Fees report compiled by ...

Power50 kicks off for 2023

JAMIE WILLIAMSON  |  MONDAY, 3 JUL 2023
Nominations are now open for the annual FS Power50, recognising the most influential financial advisers in the profession. Now in its 10 th year, the FS Power50 aims to shine a light on those advisers who are doing the most for their industry and their ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
While recent volatility has undoubtedly rattled the investment management landscape, it hasn't deterred asset managers from their future plans, according to a recent global study. The study, conducted by Coalition Greenwich in partnership with Northern ...

Rest appoints WTW as asset consultant

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
The super fund has appointed Willis Towers Watson (WTW) as its asset consultant to the board and board investment committee. The appointment will commence on July 1 and follows a competitive tender process that began in October 2022. Rest said JANA ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Cath Bowtell will become IFM Investors' new chair, as former politician Lindsay Tanner joins the board as an independent director. Bowtell, who currently serves as the group's deputy chair, chair of the people and remuneration committee and ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
The Clean Energy Finance Corporation (CEFC) and a Canadian state investment manager have co-invested in a platform aimed at assisting Australian farmers at decarbonising while boosting farm production. CDPQ (Caisse de dépôt et placement du Québec) ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... December 2022, Santos shares made up 0.49% of Rest's MySuper option Core Strategy, a spokesperson said. "We are an active owner and believe that engaging with companies as a shareholder on ESG risks is one of the most effective ways of protecting ...

Banned adviser told to stay put

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... his own purposes, including paying off personal debts. ASIC said Ridgway also disguised that a related party was the true owner and seller of the shares he had arranged for his clients to buy and made false statements in writing to clients encouraging ...