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

Search Results

Showing 691 - 700 of 15201 results for "Dow"

Why more women aren't in financial services

ELIZA BAVIN  |  FRIDAY, 17 JAN 2025
Financial services firms are pushing to hire more women, with only 36% of roles currently held by women in the sector, according to new data from Robert Walters. But while they want more women in their ranks, a spokesperson for Robert Walters said one ...

GIC's investment chief to step down

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
GIC investment chief Jeffrey Jaensubhakij plans to step down after almost three decades at the sovereign wealth fund, according to local reports. It is widely expected that deputy group chief investment officer Bryan Yeo will be promoted to the top ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
Despite a turbulent 2024, the prospect of more accommodating monetary and regulatory policies has turbocharged an up and to the right trend that's flattered many asset managers' businesses. However, themes that will shape the industry now, and in the ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
AMP deputy chief economist Diana Mousina has listed the top five things the AMP econosights team is hoping to see in 2025. Firstly, Mousina said that while higher trade tariffs are unavoidable given the incoming US President, she hopes the US will stop ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Vision Super has told members administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Both ANZ and Macquarie have moved their interest rate cut predictions forward to February from May following last week's inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
Bain Capital has re-entered the arena to vie for Insignia Financial, matching CC Capital Partners' $4.30 per share offer. Insignia rejected Bain Capital's bid of $4 per share on December 18, claiming it "does not adequately represent fair value" ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
Colonial First State (CFS) announced impressive returns for its balanced and growth equivalent funds throughout 2024. The FirstChoice Employer Super balanced option returned 13.8% in 2024, while the FirstChoice Employer Super growth option delivered ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
The monthly Consumer Price Index (CPI) indicator rose 2.3% in the 12 months to November 2024, but trimmed mean inflation came in at 3.2% - still tracking above the Reserve Bank of Australia's (RBA) target range of 2-3%. Speaking at a press conference ...