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

Search Results

Showing 591 - 600 of 2284 results for Alex Burke

Investors to benefit from $4tn US infrastructure bill

ALEX BURKE  |  WEDNESDAY, 21 JUN 2017
The roughly $4.7 trillion the US will need to spend to remedy infrastructure deficiencies is creating opportunities for investors worldwide, according to BNY Mellon research. The 2017 BNY Mellon Investment Management Alternatives Outlook noted Donald ...

US investment giant hires Australian insto head

ALEX BURKE  |  WEDNESDAY, 21 JUN 2017
The asset management business of one of the largest life insurance providers in the world is furthering its Australian distribution footprint with the appointment of a head of institutional relationships. Cameron Sinclair joins PGIM, the Prudential ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
A wealth management and chartered accountancy firm is about to list on the ASX following an initial public offering of 7.3 million shares at $1 per share. Kelly+Partners (ASX: KPG) was established in 2006, currently operates 12 offices in Sydney and ...

VanEck launches floating rate ETF

ALEX BURKE  |  TUESDAY, 20 JUN 2017
VanEck is launching a new floating rate exchange-traded fund on the ASX. The VanEck Vectors Australian Floating Rate ETF, trading under the code FLOT, is based on a portfolio of Australian floating rate notes (FRNs), or short-term bonds with variable ...

MLC appoints claims chief from AIA

ALEX BURKE  |  TUESDAY, 20 JUN 2017
MLC Life Insurance is welcoming a new chief claims officer. Natalie Cameron will join MLC Life in July. She was previously AIA New Zealand's chief executive, and before that, she held multiple roles at AIA Australia, including chief group insurance ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique. The placement, which was fully underwritten by Ord Minnett, comprised approximately $12 ...

ASIC enters new era as industry funding model passes

ALEX BURKE  |  FRIDAY, 16 JUN 2017
The ASIC Supervisory Cost Recovery Levy Bill 2017, which will enable the regulator to recoup costs from the industries it supervises, has been passed into law. Minister for Revenue and Financial Services Kelly O'Dwyer said the passing of the bill reflects ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
UBS Securities paid $280,000 in penalties following two infringement notices issued by ASIC's Markets Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting ...

Mercy Super appoints new chief executive

ALEX BURKE  |  FRIDAY, 16 JUN 2017
Corporate fund Mercy Super has appointed a new chief executive. Wendy Tancred joined Mercy Super in April from Davidson Consulting, where she was also chief executive. Before that, she was Queensland state head of financial planning at BT Financial ...