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Showing 591 - 600 of 4276 results for "Yesterday"

Glitch hits ASX-listed managed funds

KANIKA SOOD  |  TUESDAY, 1 OCT 2019
About 16 ASX-listed managed funds using internal market making were affected by a glitch in calculating their iNAV yesterday, Financial Standard understands. Issuers affected include Platinum Asset Management and Schroders. Quoted managed funds are ...

Former IOOF company loses court battle in timber scheme

KANIKA SOOD  |  FRIDAY, 27 SEP 2019
... by Australian Executor Trustees (SA) Limited," the ASX-listed litigation funder IMF Bentham said in company filings yesterday. IMF is expecting net income of roughly $30.5 million, and a net profit after tax of $28.1 million. IOOF sold its AET corporate ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... hit back at newly launched consumer group Super Consumers Australia after it unleashed an attack on MySuper products yesterday. AIST chief executive Eva Scheerlinck moved to play down the significance of the Super Consumers Australia's (SCA) comments ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... benefits to investors, according to the UK financial authority's review of MiFID II. The Financial Conduct Authority yesterday published findings from its review of a sample set of firms, after MiFID II's roll out on 3 January 2018. Asset managers saved ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed the government's reforms after Assistant Minister for Superannuation, Financial Services and Financial ...

Brett Himbury's next innings

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
... retires in December next year, but he says the time is right. The company announced Himbury's intention to retire yesterday morning, after 10 years at the industry-fund-owned manager which has grown from managing about $24 billion when he joined ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... Services Forum that FASEA standards should raise questions for support staff as well as advisers. Appearing at the event yesterday, Ashenden said paraplanners and technical support staff should prepare themselves for the possibility that more stringent ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online fraud syndicate which used stolen information to access and steal funds from ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
... being coy about rumours Ord Minnett is poised to purchase its advisory unit. The Australian Financial Review reported yesterday that stockbroking firm Ord Minnett is planning to purchase CommSec Advisory. It reported Ord Minnett was asked to tender for ...

Equity Trustees confirms international strategy

ELIZABETH MCARTHUR  |  FRIDAY, 13 SEP 2019
... in the UK as well as its responsible entity services to Australian funds. Separately, River and Mercantile announced yesterday it has appointed a new global head of distribution - David Hanratty. He was previously managing director at Pioneer Investments ...