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

Search Results

Showing 6031 - 6040 of 21771 results for "Dec"

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
A new POTUS or four more years with the old one? America remains on knife-edge as the November 3 US presidential elections show that President Donald Trump and contender Joe Biden still have to secure the 270 electoral votes to claim the Oval Office. ...

BetaShares tinkers with ETF lineup

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
The issuer with highest number of products is closing five ETFs, and raising fees for its diversified ETFs as it adds an ethical focus. BetaShares currently offers 58 exchange-traded funds via the ASX. On December 8, it will trim this lineup by five ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
Pendal reported $116.4 million or 25% lower net profit after tax in the year ending September, even as inflows started to pick up in the last three months. The figure includes its seed investments' movements which were marked-to-market. If it weren't ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
AMP Capital is delisting all of its ETFs after about four years on the ASX, following UBS Asset Management's move in March. The last trading day will be December 4, with final distributions from the wind up set for December 31. "...the decision ...

More good news for Xplore

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
After HUB24 announced its plans to acquire Xplore Wealth last week, the platform has had a pleasant $1.18 million windfall. Xplore has previously notified the market that AusIndustry had disallowed a $1.18 million research and development claim. The ...

Dorsey holds reigns at Twitter

ELIZA BAVIN  |  WEDNESDAY, 4 NOV 2020
Twitter chief executive Jack Dorsey has held onto his position after Elliot Management corporation raised concerns about his leadership earlier in the year. In a filing to the SEC, Twitter said an independent committee, in cooperation with Elliott Management ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
"All around the limbo world Gonna do the limbo rock..." - Chubby Checker, Limbo Rock Australian equities and bond markets applauded after the Reserve Bank of Australia (RBA) didn't disappoint expectations, showing just how low it can go. The All ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
The Reserve Bank of Australia (RBA) has announced another rate cut, bringing the cash rate down to 0.10% for the first time in history. Not only that, but RBA governor Philip Lowe announced a ramp up of quantitative easing measures, bringing in a new ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

The rate that stops the nation

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
Prior to the horses hitting the track many economists are betting on a rate cut by the Reserve Bank of Australia's board today to a new historical low of 0.10%. Finder's RBA cash rate survey found 67% of economists believe the central bank will cut ...