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

Search Results

Showing 711 - 720 of 4604 results for "Andrew"

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... capability of ASIC to proportionately respond to reports of alleged misconduct. The inquiry, chaired by Liberal Senator Andrew Bragg, involved five public hearings and received 197 submissions. Handing down its report yesterday, the committee made 11 ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
AMP's MySuper 1970s investment option, its largest by funds under management, had a return of 11.4% for FY24. Meanwhile, the retail super fund's 1980s and 1990s investment options returned 11.31%, respectively. AMP said a high allocation to ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
Colonial First State (CFS) has posted double digit returns for its MySuper balanced and growth funds during FY24. CFS's FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) achieved a 12.1% return, while its FirstChoice Employer Super ...

Channel Capital, Arnott Capital set up strategic partnership

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Channel Capital and Arnott Capital have formed a strategic partnership to support business growth and optimise operational efficiencies. Channel Capital will provide a full suite of non-investment services to Arnott Capital, including trustee responsibilities ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... indexed option, which returned 18.07%. That option has around 10,000 members invested in it. Rest chief investment officer Andrew Lill said the results were a continuation of the fund's strong long-term performance, notwithstanding global markets grappling ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

WTW names new head for Australia and New Zealand

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... level." Notably, Weaver will continue as WTW head of Asia Pacific and head of corporate risk and broking. He succeeded Andrew Boal, who spent nearly 30 years at WTW. Boal is now a partner in Deloitte's superannuation and investment practice. Weaver said ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AllianceBernstein announced Andrew Chin has been named the investment firm's first-ever chief artificial intelligence officer. Chin has been working with the firm for 27 years having started as chief risk officer and head of quantitative research ...

Bendigo and Adelaide Bank appoints new chief executive

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
Bendigo and Adelaide Bank has appointed Richard Fennell as chief executive and managing director, replacing Marnie Baker. Baker has been with the bank for 35 years, mostly in executive roles. She was chief executive and managing director for six years. ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
The world's largest listed companies took on US$378 billion of net new debt last financial year, driving corporate debt to an unprecedented US$8.18 trillion, according to Janus Henderson's latest corporate debt index. While significant, the increase ...