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

Search Results

Showing 541 - 550 of 7105 results for "December"

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... market optimism towards an earlier rate cut was triggered by comments made by [RBA] governor [Michele] Bullock in early December, but it was predicated on the requirement that a rate cut was supported by data." Chesler said VanEck expects a rate cut ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... 2024 took $40.5 billion in market capitalisation with them. A total of 78 companies left the ASX in the 12 months to December, netting a total of 2116 entities that remained listed on the exchange. ASX general manager of listings James Posnett said like ...

Regal, Magellan book performance fees

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... Companies Fund were also standout performers. Regal grew its funds under management (FUM) to $18 billion at the end of December, marking a 4.6% rise on the September quarter. Some $700 million was net inflows recorded in the last three months of 2024. ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
... largest number of financial advisers. Morgans recorded 431 active advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered advisers, Rainmaker Information modelling of the ASIC Financial Advisers Register shows. ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... market optimism towards an earlier rate cut was triggered by comments made by [RBA] governor [Michele] Bullock in early December, but it was predicated on the requirement that a rate cut was supported by data. "We do not see current data as supportive ...

Perpetual awards mandate to Equity Trustees

KARREN VERGARA  |  TUESDAY, 7 JAN 2025
... eligible members. The Pension Plan pays clients a regular pension from an accumulated superannuation upon retirement. On 16 December 2024, the Super Plan closed the Platinum International Investment option to new members. It will terminate on or around ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... Partners is offering $4.30 cash per Insignia share, which is a 7.5% premium to Bain Capital's offer of $4 received on December 12. Insignia today confirmed that the US investment firm made the offer on January 3. Insignia's board said it is now ...

MetLife to acquire PineBridge Investments

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... MetLife has made asset management growth a foremost priority as part of its new five-year strategy, which was unveiled in December 2024. The strategy is designed to deliver consistent double-digit adjusted earnings per share growth, a 15-17% adjusted ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 and 19 to be processed today. The ASX has since announced that clearing and settlements will process as "normal" at the open ...

HPI rethinks Hostplus, Charter Hall takeover

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... based on two recent developments. The first being the bidders gaining a substantial take in the REIT of 52.38% as of December 18. This means they will be able to control the composition of the board and influence the strategy, including operations, capital ...