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Showing 641 - 650 of 4355 results for "12-15 October"

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

Equity Trustees wins ClearLife mandate

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
Equity Trustees has been selected as the trustee for ClearLife Capital's new wholesale fund, the ClearLife Capital Opportunities fund. The ClearLife Opportunities fund invests primarily in a portfolio of securities listed on the Australian and New ...

ETF sentiment continues to grow: BetaShares

CASSANDRA BALDINI  |  WEDNESDAY, 14 DEC 2022
Australian investors continue to be attracted to ETFs, with 1.9 million including the investment vehicle in their portfolios. BetaShares 2022 Investment Trends ETF Report revealed ETFs have continued to prove popular with investors despite recent market ...

Apollo increases Challenger stake

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
Apollo Global Management has taken a further stake in Challenger, it now has 19.1% voting power in the ASX-listed investment manager. As previously reported by Financial Standard, last year, Will Vicars' Caledonia sold its 15% stake in Challenger to ...

Pinnacle's performance fee revenue could plummet

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
Pinnacle Investment Management Group (Pinnacle) expects its net share of performance fees to be potentially less than $1 million, down from $6.4 million in the corresponding period ending 31 December 2021. In an ASX announcement, Pinnacle said several ...

Perpetual welcomes Pendal board members

CASSANDRA BALDINI  |  MONDAY, 12 DEC 2022
As part of its proposed acquisition plan, Perpetual Asset Management has welcomed Pendal Group non-executive directors Christopher Jones, Kathryn Matthews and Ben Heap to its board. The expected start date for the new directors is January next year ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

RBA bumps up cash rate

ANDREW MCKEAN  |  WEDNESDAY, 7 DEC 2022
As forecast, the Reserve Bank of Australia (RBA) has lifted the cash rate by another 25 basis points. KPMG chief economist Brendan Rynne noted that the RBA remains concerned about the immediate economic outlook, despite confirming that its recently ...

ASIC suspends, cancels AFSLs

CHLOE WALKER  |  WEDNESDAY, 7 DEC 2022
The corporate regulator suspended Quantum Funds Management Limited (QFML)'s AFSL and cancelled that of AFSL Group. The suspension of QFML follows the ban of its managing director Peter Gribble for failing to pay $2.5 million in Australian Financial ...

Magellan FUM back at $50bn

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
... decline has continued; it went from having $57.6 billion in FUM at the end of August to $50.9 billion at September end. October proved kinder and saw FUM increase slightly to $51 billion, however the growth was short lived.