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

Search Results

Showing 561 - 570 of 3219 results for "April 2012"

Further $1.4bn FUM drop at Magellan

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
In an update to the ASX this morning, Magellan Financial Group reported its funds under management dropped by a further $1.4 billion in the month to April 29. Magellan's funds under management now sits at $68.6 billion, down from $70 billion at ...

New director joins Rest board

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Rest has appointed a board d irector with extensive experience in corporate superannuation. Joanne Lester commenced as a director on 6 April 2022 as an employer representative nominated by the Australian Retailers Association. She had previously served ...

Macquarie responds to term deposit scam

CHLOE WALKER  |  THURSDAY, 28 APR 2022
Macquarie Group has issued an official warning to customers after someone posed as a staff member and swindled a widow out of $760,000. Macquarie Group has said it is aware of a scam using its name to solicit fake term deposit applications through a ...

Elon Musk buys Twitter for $61.4bn

ANDREW MCKEAN  |  TUESDAY, 26 APR 2022
Eccentric entrepreneur Elon Musk has entered into a definitive agreement to acquire social media networking platform Twitter. In a Tweet, Musk explained his motivation to acquire the tech giant saying: "Free speech is the bedrock of functioning democracy ...

Pension fund pushes for independent chair at Berkshire Hathaway

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
One of the world's largest pension funds has indicated it will vote Warren Buffett out as chair of Berkshire Hathaway at the company's annual general meeting later this month. Despite his notoriety as the world's best investor, the California ...

Rest simplifies super splitting

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
Industry fund Rest has adopted a new super splitting method, aimed at making the distribution of superannuation assets simpler for members. Rest's Super Split initiative allows super assets to be split when a member becomes divorced. It includes a new ...

RBA eyes an early rate hike

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Reserve Bank of Australia (RBA) minutes for April have strongly suggested that inflationary and wage growth developments have brought forward the likely timing of the first interest rate increase. Interest rates in Australia haven't been raised since ...

Australia's first-ever Bitcoin ETF to launch next week

ANDREW MCKEAN  |  WEDNESDAY, 20 APR 2022
Australia's first bitcoin exchange-traded fund (ETF) is expected to list on the Cboe Australia platform as soon as next week. The race to be the first physically backed Bitcoin ETF in Australia will be between Cosmos Asset Management and ETF Securities. ...

AMP confirms sale talks with Dexus

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
In response to unremitted market speculation, AMP has confirmed that it held discussions with multiple parties, including real estate investment trust Dexus. In an update to investors, AMP said the discussions regarded the potential sale of the assets ...

ASIC suspends Dixon Advisory AFSL

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
ASIC has suspended the Australian financial services licence of embattled Dixon Advisory & Superannuation Services. The regulator's move follows the appointment of Stephen Graham Longley and Craig David Crosbie as joint administrators to Dixon Advisory ...