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

Search Results

Showing 41 - 50 of 2128 results for "Mater"

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
Capital Group - which has US$2.7 trillion in equity assets under management - has identified three megatrends poised to upend industries and kick down the doors to fresh investment opportunities. The Californian headquartered investment manager, that's ...

Hamilton Lane closes largest raise at $8.4bn

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Hamilton Lane announced the final closing of Hamilton Lane Secondary Fund VI with US$5.6 billion (AU$8.4 billion) in commitments, marking the largest fundraise in the firm's history. Fund VI materially exceeded its original US$5 billion target, seeing ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
APRA says there is room for improvement when it comes to trustees' oversight of unlisted asset valuations, finding most super fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation ...

Palisade Real Assets wins mandate

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
Palisade Real Assets' UK-based bioenergy fund scored a £200 million ($381m) mandate from a major European asset manager. APG Asset Management awarded the mandate on behalf of Netherlands' major pension fund ABP, which oversees some €500 billion ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
The rapid expansion of artificial intelligence (AI) applications in the financial advice industry has led to a prediction that ASIC could soon incorporate AI into its compliance and audit checks of advisers. Financial technology firm Padua envisions ...

Social media, news addiction cost returns: Morningstar

KARREN VERGARA  |  MONDAY, 17 JUN 2024
Investors addicted to the financial news cycle and social media hype tend to time the market and forego substantial returns compared to staying the course, according to Morningstar. The "hyper-informed" investor is one who incessantly checks stock prices ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The Reserve Bank of Australia (RBA) will almost certainly leave the policy rate unchanged when it meets next week, according to economists. GSFM investment strategist Stephen Miller said there was "little prospect" of a change in messaging from the ...

APRA updates industry on operational resilience guidance

ELIZA BAVIN  |  FRIDAY, 14 JUN 2024
The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ...

AustralianSuper bears brunt of complaints: AFCA

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
AustralianSuper copped the highest number of complaints in the last six months of 2023 totalling 936, which was nearly three times more than other major super funds like Cbus, Australian Retirement Trust (ART), and Aware Super. New data from the Australian ...

Global X brings US infrastructure ETF to Australia

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
Global X ETFs has launched the Global X US Infrastructure Development ETF (PAVE) on the ASX, allowing Australians access to the strategy followed by the world's largest US infrastructure development fund. PAVE, which tracks the Indxx US Infrastructure ...