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Showing 721 - 730 of 5504 results for "September 7"

Iress restructures investment management, advice roles

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
Iress has made two senior roles in investment management and financial advice redundant amid a restructure and hired two new executives who came from AMP and a fintech. Managing director for wealth management for Australia and New Zealand Tizzy Vigilante ...

Magellan shuns turnaround companies

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
Magellan Financial Group chair Hamish Douglass continues to take a contrarian stance by shunning "turnaround companies", claiming they make it difficult for fund managers to be profitable. A company in the process of turning around its operations are ...

Korean pension fund spends in Sydney

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
The National Pension Service of Korea is now one of the co-owners of Sydney's Darling Quarter. Allianz Real Estate, on behalf of NPS and Allianz, has acquired 50% of Commonwealth Bank Place, also known as Darling Quarter. The two paid $630 million for ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
Plato Investment Management has brought a global equities fund to market for retail and wholesale investors looking for a 'net zero now' solution. In December, Financial Standard reported that Plato Investment Management was pitching two new ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ...

The future is bright for BT: Rady

JAMIE WILLIAMSON  |  FRIDAY, 28 JAN 2022
As he marks 90 days as chief executive, Matt Rady tells Financial Standard how, despite the industry exodus and the company's own challenges in 2021, financial advisers are increasingly turning to BT Financial Group. Speaking with Financial Standard ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
Demand for residential property is expected to cool down this year despite the number of auction figures recorded in the final quarter of 2021. With stock levels running low and the potential for interest rates to rise, BuyersBuyers co-founder Pete ...

Inflation to retreat in 2022: Fund manager

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
Investors should not fear high levels of inflation as it will diminish by the end of 2022, one fund manager predicts. T. Rowe Price portfolio specialist Laurence Taylor forecasts that inflation will peak but will also fade in the same year. The combination ...

Clime finalises ownership deal, appoints CIO

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Clime Investment Management is finalising a major deal in exchange for a majority ownership in Ralton Asset Management and appointed a new chief investment officer to lead the strategy. Upon completing due diligence, Clime's transfer of $270 million ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
Lutheran Super informed members it has found its preferred merger partner, following a decision last September to assess the fund's options. In December the corporate fund, which holds less than $1 billion in funds under management, told members ...