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

Search Results

Showing 681 - 690 of 5966 results for "Second"

Australian Ethical eyes small caps as play for advisers

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... over 2024, boding well for small caps." In particular, Willis said that local tech stocks, which fell out of favour in the second half of last year, along with sectors tied to global megatrends like healthcare and climate solutions, are poised to deliver ...

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
... had spent tens of thousands of dollars at Hermes before gaining access to the Birkin. When they attempted to purchase a second, they were told specialty bags go to "clients who have been consistent in supporting our business," the suit claims. Another ...

Institutional investors shift gears amid 'new market regime'

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... importance of "partnering with active managers who have robust experience" sourcing the most attractive opportunities. The second theme was private credit and private equity being prioritised as well as growing allocations to alternatives. Over the next ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... deputy chair to its board. Martin Parkinson and Helen Rowell will sign up as non executive directors of Australia's second-largest asset owner early next month. Rowell brings over 20 years of experience at the Australian Prudential Regulation Authority ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... sector escalated significantly in 2023. According to a report from Allens, the banking and financial services sector was the second biggest target for class actions in 2023, accounting for 22% of all filings. This is up from 12% in 2022, which was a ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... (CSLR) first year of operation, drawing outrage from the sector. The government released its estimates for the first and second phase of the levy period. In the first round, the advice sector's levy amounts to $2.4 million - well above the other ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... harm in their vain attempt to do a little good," Hebner said in a new whitepaper, AI: How to Regulate an Emerging Tech? "A second risk is strangling innovation, as frequently transpires in Europe, while a third is regulatory capture, which seems likely ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... which took effect in early 2023, saw 97 firms that included banks and superannuation funds report IDR data to ASIC. The second group of about 340 financial firms commenced their IDR reporting in August 2023. The first two groups account for the largest ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... $61.64 billion. In the 12 months to 31 December 2023, these numbers went up 35% and 23.1% respectively. Inflows in the second half of last year totalled $15 billion. "The investment markets have recorded improved growth in the second half of 2023 with ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
... historical track record, Morningstar said. "The fund's performance is commendable through nearly every rolling period, noting second- and top-quartile performance through the rolling five-, 10-, and 15-year periods. Under Stevanovic's qualitative lead ...