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Financial Standard's top stories of 2017

ALEX BURKE  |  FRIDAY, 22 DEC 2017
... operating officer was Sally Collins. She was previously chief operating officer for MLC's Wealth business and NAB's Business Bank. 3. FS Power50 announces most influential advisers (13 November) Financial Standard's hotly contested Power50 list named ...

FS has you covered in 2017

DARREN SNYDER  |  FRIDAY, 22 DEC 2017
... global economy and financial markets in general; it also mentioned the potential impact of several European elections; central bank policy; commodity and property prices; and the outlook for China and Australia. SMSF Association National Conference More ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
Shareholders in the class action against the Commonwealth Bank will receive funding from two IMF Bentham investment vehicles with aggregated capital of $150 million, moving a potentially record-breaking class action against the bank one step closer. ...

Same old same old from the BOJ

BENJAMIN ONG  |  FRIDAY, 22 DEC 2017
While the Fed lifted interest rates at its final meet for 2017, the Bank of Japan (BOJ) followed the others - ECB, BOE, SNB - in keeping the status quo this side of the New Year. And like the rest of 'em, it's optimistic over the Japanese economy's ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
... Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ said the transaction proceeds would have equated to roughly 10 basis points of APRA CET1 capital. ANZ ...

Industry names team up for cryptocurrency fund

JAMIE WILLIAMSON  |  THURSDAY, 21 DEC 2017
... Tucker. Also on board is chief technology officer Michael Kong and chief investment officer Jake Choi, formerly of Macquarie Bank. The fund is set to commence trading on 1 January 2018 with a minimal investment of US$100,000. The launch coincides with ...

Super SA appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
... 20 years' experience to Super SA, having also held roles with Energy Industries Super, REST Industry Super, Members Equity Bank and AustralianSuper. "Dascia brings a wealth of experience and knowledge to the role and will be a great asset to Super SA," ...

Bravura inks major international deal

EMMA RAPAPORT  |  WEDNESDAY, 20 DEC 2017
... Solutions is extending its international presence under a new deal with a leading New Zealand financial services provider. ASB Bank, a subsidiary of the Commonwealth Bank with over 500,000 retail and business customers, will implement the Bravura Solutions ...

AMP Capital strengthens restructured equities team

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
In the wake of shuttering its core Australian equities capabilities and restructuring its domestic investment team, AMP Capital is welcoming two new portfolio managers and an analyst to the business. Joining from IFM Investors, Matthew Griffin will ...

Cromwell appoints chief capital officer

ALEX BURKE  |  WEDNESDAY, 20 DEC 2017
Cromwell Property Group has appointed a new chief capital officer. Simon Garing joins Cromwell from Bank of America Merrill Lynch Hong Kong, where he was deputy director of research - Asia-Pacific. Prior to that, he was head of real estate research ...