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

Search Results

Showing 541 - 550 of 9943 results for "Stock"

Frontier adds two consultants

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
Frontier Advisors has added two new consultants to its real assets and defensive assets and private markets teams. Daniel Cave comes on board as a senior consultant and will focus on infrastructure and broader real assets research and client responsibilities. ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
... 0.23%, a shortfall of $7.54 billion. Norges Bank Investment Management chief executive Nicolai Tangen attributed the robust stock market performance, especially in technology stocks, to rising demand for artificial intelligence solutions after a sluggish ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
North has partnered with Sandstone Insights to provide advisers with access to the latest equity research and analysis through the platform. AMP said the agreement is the first of its kind in the Australian platform market and reflects North's ongoing ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates and the rising debt stock will increase the interest service burden, while an aging population and rising healthcare costs will raise spending ...

IML launches Aussie shares fund as active ETF

CASSANDRA BALDINI  |  TUESDAY, 1 AUG 2023
The IML Concentrated Australian Share Fund (Quoted Managed Fund) is now available on the ASX as an active ETF, catering to financial advisers and retail investors. The fund manager explained its Quoted Managed Fund represents a distinct class of units ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... plans to integrate the functionality into its CommBank app. CBA said the service offers fast account set-up and access to stock quotes, funds transfer and online trading in 13 markets including the US, Canada, Japan, and UK. "CommSec's purpose is to ...

VFMC chair to retire

JAMIE WILLIAMSON  |  FRIDAY, 28 JUL 2023
The chair of the Victorian Funds Management Corporation will retire at the end of the month, with an interim replacement appointed. James MacKenzie has served as chair of VFMC since June 2015 but will retire from the board on August 23. During his tenure ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
Financial advice firms are "problematically" sidestepping compensation payments after the Australian Financial Complaints Authority (AFCA) hands down a decision, using the excuse that they do not have professional indemnity insurance (PII). Out of 5400 ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... companies he was a major investor in. "Those folks then traded on that inside information and made millions of dollars in the stock market, because thanks to [Mr] Lewis those bets were a sure thing," US attorney Damian Williams said in a video on social ...