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Showing 641 - 650 of 3664 results for "DeFi"

Perpetual to acquire Pendal

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Perpetual will acquire 100% of Pendal, in a scheme of arrangement that's been unanimously endorsed by the latter's board. Under the agreement, Pendal shareholders will receive one Perpetual share for every 7.5 Pendal shares plus $1.97 per share ...

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
It's estimated that Singapore will have the highest adult population of millionaires by 2030, overtaking Australia by 7%. HSBC has issued The rise of Asian wealth and revealed roughly 13.4% of Singapore's adult population will be millionaires ...

UBS launches small cap strategy in Australia

CASSANDRA BALDINI  |  WEDNESDAY, 17 AUG 2022
UBS Asset Management launched its Future Leaders Small Cap Strategy in Australia. A statement said the actively managed global strategy of 40 to 60 small cap "future leader" stocks is designed to provide investors with exposure to high-quality companies ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
After significant delays, Lutheran Super is expected to confirm its merger partner later this month. In January, Lutheran Super said it had identified a preferred merger partner, having reviewed a shortlist of three funds. At the time, the fund anticipated ...

Vote now in 2022 FS Power50

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
Voting is now open for the FS Power50, recognising the most influential financial advisers in Australia in 2022. In the making of this list, Financial Standard defines 'influential' as individuals who have been, or continue to be, instrumental ...

ASIC flags 'significant' IDR compliance issues at super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
An analysis of close to 50,000 complaints made to super funds has found some trustees are failing to adequately record and respond to member complaints. ASIC is currently undertaking surveillance of super funds' internal dispute resolution processes ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ...

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Financial Services Council (FSC) has released guidance setting industry expectations for net zero targets, the labelling of investment products and transparency of climate risk disclosures. On the guidance's creation, FSC chief executive Blake ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
The corporate regulator has issued stop orders against a commercial property investment firm for misrepresenting the performance risks of one of its funds, including marketing it as 'Covid proof'. An interim stop order was placed on Fawkner Property ...