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

Search Results

Showing 661 - 670 of 1884 results for "Wen"

Superannuation mergers strike oligopoly fears

KARREN VERGARA  |  TUESDAY, 23 APR 2019
Concern the superannuation industry will become an oligopoly like the banking sector is being fuelled by the regulators' new powers and increased funding, specifically aimed at forcing underperforming funds to merge or shut down. Of the $400 million ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
IOOF has announced new leadership following the fallout from the Royal Commission, with managing director Chris Kelaher to leave the embattled wealth firm. Allan Griffiths has been named IOOF's new independent, non-executive chair. He has been acting ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
Northern Trust thinks the $2.8 trillion superannuation industry will increasingly outsource its trading functions and it wants a slice of the business. As Aussie super funds bring investments in-house and face greater demands for accountability from ...

Financial services industry digs deep for charity

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
The annual FICAP 'Who Wants to be a RockStar?' event was a resounding success, as the financial services industry dug deep for charity. The event raised almost $300,000 for Raise, Learning Links and the Starlight Children's Foundation. About 800 people ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
National Australia Bank chief executive Philip Chronican has acknowledged the institution needs to go to great lengths to repay customers. In his opening statement to the House of Representatives Standing Committee on Economics, Chronican began by saying ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
ASIC has told parliament there was no insider trading around the release of the Royal Commission's final report. This comes after the Labor party suggested insider trading was responsible for bank stocks rising immediately on the back of Kenneth Hayne's ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
Could it be? Could it be that Dallas Fred President Robert Kaplan has been reading my daily rants? That would be too presumptuous of moi but Factset's report that "Dallas Fed President Kaplan (nonvoter) told the WSJ the recent yield-curve inversion ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
In the wake of the Christchurch terrorist attack, many are questioning the role of Facebook in investment portfolios. After the social media giant live streamed the shootings, ethical investors have been forced to consider whether Facebook genuinely ...

Chief economist update: Japan should raise taxes another day

BENJAMIN ONG  |  WEDNESDAY, 27 MAR 2019
The just-released "Summary of Opinions at the Monetary Policy Meeting on March 14 and 15, 2019" contained the same optimism that the Bank of Japan (BOJ) had been telling us and itself for as long as I can remember. The same rose-tinted outlook on growth. ...