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

Search Results

Showing 671 - 680 of 11409 results for "Rate"

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
ASIC reported a 62% pass rate for the latest sitting of the Financial Advisers Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April ...

abrdn closes hedge fund

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... diversified hedging strategies into "one active solution and is convex" meaning that as developed equity markets fall, its rate of gain increases. The fund returned -10.5% p.a. since inception on 6 October 2021. In the last year, it also went backwards ...

Schroders expands stable of global equity funds

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... "Achieving success in this era seems more likely with a nimble global equity fund that can adapt to a changeable interest rate environment. A fund focused not just on growth but growth at the right price is well positioned to reap this new era's opportunities." ...

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... US should be in a recession," she said. "Then you have other indicators, for example, in Australia, the population growth rate or changes to government policy, well, that's actually more important than ever. Why did the housing market do what it ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian financial services licence (AFLS) of contracts for difference (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence ...

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
... over time... we are still in that point in the cycle where I think private markets assets are adjusting to a higher interest rate environment," Mannock said. "There is a mismatch between those who are holding onto assets from a previous higher interest ...

Future Fund annual return 'very strong'

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
The Future Fund delivered a 9.1% annual return in FY24, adding $18.8 billion to the portfolio, bringing the sovereign wealth fund's total value to $224.9 billion. This performance lifts its 10-year average annual return to 8.3%, exceeding a mandate ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... dovish pivot, considering how uncertain they were during the last meeting," Bhimavarapu said. "We still look for the first rate cut in November as headline CPI could ease to around 3% in Q3." Deloitte Access Economics partner Stephen Smith said the soft ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
... to chase more gains. One challenge in 2024 was curbing investors' enthusiasm as the AI boom and anticipated interest rate cuts pushed markets upwards. Investors typically face the risk of falling into the trap of buying while markets are bullish ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024
... raise capital, with APAC ESG funds taking the most significant blow, dropping 77% in aggregate capital raised last year. The rate of ESG funds closed in 2023 is, however, declining.