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

Search Results

Showing 621 - 630 of 11512 results for "Point"

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

QIC backs startup investor

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... entrepreneurs, helping them achieve their full potential and scale globally," he said. "Our scale and velocity have reached a point where we're seeing active interest from institutional investors and are delighted to have attracted the attention ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
More than a year on from a Treasury consultation on giving victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals ...

GSFM and Tribeca part ways after 16 years

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... Tribeca until the transition is completed. "Effective 1 June 2024, Tribeca Investment Partners will serve as the primary point of contact for the distribution of its funds and strategies," he said. "GSFM continues to collaborate with nine other fund ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
ANZ has offloaded its remaining stake in AMMB Holdings (AmBank) in a bid to "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
An Investment Trends report has identified a clear inflection point for member engagement with superannuation funds. The 2024 Super Member Engagement report, based on a survey of 10,886 respondents, provided an analysis of member attitudes, satisfaction ...

Schroders announces structural, leadership changes

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... multi-asset teams. Under the changes the two teams will come together as a combined investment capability under a single point of leadership. Schroders said the move will improve the alignment of its strategies with the evolving needs of its clients. ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
Local investors will get access to Brookfield Oaktree Wealth Solutions' global private credit strategy later this year, with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early ...

Employees will quit on full return-to-office orders: Survey

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Financial services professionals will threaten to quit if they are forced to go into the office five days a week, a Robert Walters survey finds. The survey based on more than 2000 Australian workers found that nine out of 10 will look for a new job ...