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

Search Results

Showing 631 - 640 of 4457 results for "October"

Capital Group kicks off succession plan

CHLOE WALKER  |  FRIDAY, 27 JAN 2023
... executive. Investment veterans, chief executive Tim Armour and vice-chair and president Rob Lovelace will step down in October after a combined 77-years with the firm. In their place, Mike Gitlin is set to become president and chief executive and chair ...

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
... valuations for fixed income securities to financial services entities. The US watchdog found that roughly between 2016 to October 2022, Bloomberg failed to disclose to its BVAL customers that the valuations for certain fixed income securities could be ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... concerned about risk-adjusted returns." The Australian IPO GQG listed a minority stake (20.1%) of the business on the ASX in October 2021. The initial public offering (IPO) price was set at $2 per share, implying a $6 billion valuation. As of January ...

AZ NGA appoints chief financial officer

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
... officer as it plans its next growth phase. Heckendorf, who will report to AZ NGA chief executive Paul Barrett, joined in October as interim chief financial officer. A spokesperson told Financial Standard that the role was previously outsourced, however ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
... at December end to 15,529 - the lowest in 19 years. The December quarter alone saw a 6% decline, likely driven by the October adviser exam deadline. The total number of advice licensees also fell by 11% in 2022. AMP Financial Planning is the largest ...

Australian CPI accelerates to 7.3%

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
... The Consumer Price Index (CPI) rose to 7.3% in the year to November, dragging inflation back up to its 32-year high. In October inflation dipped to 6.9%, showing signs of cooling off, however the elevated rise ahead of market expectation (7.2%) paints ...

AvSuper provides merger update, drops admin fees

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2023
... highlighted by the annual APRA heatmaps for its high total fees. The total fees disclosed on a $50,000 account balance as at 1 October 2022 were 1.32%. Finally, the fund's defined benefit division is well funded, with AvSuper confirming it has about ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
... response, Dortkamp lodged an application with the AAT for a review of ASIC's decision, and a hearing took place in early October of last year. Deputy president BW Rayment OAM QC concluded that, based on the evidence at the AAT hearing, he was not satisfied ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... Post Superannuation Scheme which is merging with Australian Retirement Trust. 2. Worst performing super funds named In October, Stockspot's Fat Cat Funds Report named and shamed the worst performing superannuation funds in Australia, all of which ...

Equity Trustees wins ClearLife mandate

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... Capital Opportunities fund and welcomed Equity Trustees appointment. As previously reported by Financial Standard, in October, Equity Trustees was also appointed as the responsible entity for the Hejaz Equites Fund and the Hejaz Property Fund. That same ...