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

Search Results

Showing 691 - 700 of 14039 results for "Down"

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
... compared with the prior same period. Legalsuper also reported a 23% cut in the weekly administration fee from $1.30 per week down to 0.99 per cent per week, effective 30 November 2024. "This combination of solid and sustained performance results, increasing ...

Top asset management trends for 2025

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... that, to date, few firms, if any, have exploited these advantages. "That will change as firms get serious about breaking down business silos, unifying data models, aligning around enterprise incentives, and reorienting their operating models to create ...

Economist's wishlist: Lower tariffs, bond yields settling

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2025
... global economy would be if Trump 2.0 tariffs end up being smaller than he has indicated so far, that some are negotiated down and that other countries impose only minor retaliatory measures on US exports." Mousina said there is also hope that inflation ...

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
... inflation data. ANZ head of Australian economics Adam Boyton said the bank was expecting core inflation to drop to 3.2%, down from 3.5%, in December. "We think this will be enough for the RBA to cut the cash rate by 25 basis points at its February meeting ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... its own growth plans, when commenting on Bain Capital's proposal, according to Morningstar. Last Friday, Insignia shot down rumours that it fielded a takeover offer from global investment giant Brookfield Asset Management. Making an announcement ...

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
... before we can draw any firm conclusions." The CPI data showed the biggest fall in monthly CPI came from electricity, which was down 21.5% thanks to state and federal government subsidies. However, Chalmers said these falls would have come eventually ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... and tobacco (up 6.7%), and recreation and culture (up 3.2%). Partly offsetting the rise in CPI were falls in electricity (down 21.5%) and fuel (down 10.2%). "Annual CPI inflation has risen since last month, in part due to the timing of electricity rebates. ...