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

Search Results

Showing 651 - 660 of 2284 results for Alex Burke

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
Former directors of Avestra Asset Management have been banned from providing financial services for 10 years. Paul Rowles and Clayton Dempsey were found by the Federal Court to have engaged in multiple contraventions of the Corporations Act. These included ...

Watermark market neutral LIC to launch buy-back

ALEX BURKE  |  TUESDAY, 16 MAY 2017
Watermark Funds Management will undertake an on-market, one-for-one buy-back for its global market neutral listed investment company, Watermark Global Leaders Fund (WGF), after announcing disappointing performance in 2016. In an investor update, Watermark ...

MYOB co-founder sells $62m Xero stake for charity

ALEX BURKE  |  TUESDAY, 16 MAY 2017
The founder of global accounting firm MYOB and Xero's second-largest individual shareholder is gradually reducing his Xero holdings to fund philanthropic activity. Through his private charitable trust Givia, Craig Winkler has reduced Xero shareholding ...

Advice network buys into accounting industry

ALEX BURKE  |  MONDAY, 15 MAY 2017
An advice network nearing $5 billion in assets under management is now taking on the accounting sector with the acquisition of a full-service accountancy firm. AZ Next Generation Advisory recently acquired Peters and Partners, a firm established in ...

ACSA names new deputy chair

ALEX BURKE  |  MONDAY, 15 MAY 2017
The Australian Custodial Services Association named a new deputy chair following Citi managing director, securities services Martin Carpenter's departure in February. State Street head of client management Daniel Cheever will take over Carpenter's role ...

Praemium chief executive takes back company

ALEX BURKE  |  MONDAY, 15 MAY 2017
The chief executive terminated from Praemium in February has returned to his position following Friday's board spill. Michael Ohanessian was re-appointed as Praemium chief executive, replacing interim chief and former Bankwest managing director Robert ...

Ohanessian ousts entire Praemium board

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Deposed Praemium chief executive Michael Ohanessian was successful in his bid to remove his former employer's board of directors, appointing a new board in the process. Following the results of the general meeting in Melbourne today, directors Andre ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

Henry Morgan creates new global LIC

ALEX BURKE  |  FRIDAY, 12 MAY 2017
Henry Morgan's investment manager, John Bridgeman, will launch a new global equities listed investment company following the successful oversubscription of another LIC last month. The new LIC, William Kidd Ltd, will be based on a global equities fund ...

K2 slashes fees for three funds

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Following a round of fee reductions from Vanguard and Platinum Asset Management, K2 Asset Management will cut management and performance fees for three of its managed funds. For the K2 Australian Fund, the management fee will fall from 1.54% to 1.31%. ...