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

Search Results

Showing 731 - 740 of 2208 results for "AUD"

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
A key promoter of a tax evasion scheme who had been living in Vanuatu for several years to avoid arrest has been jailed for six years following a 19-year joint investigation by the ATO and Australian Federal Police. Philip Northam was sentenced in the ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
Magellan is readying a new low-cost lineup of its strategies for retail investors, as it reports 5% higher net profit after tax of $395.2 million for FY20. The Magellan Core series will kick off as open-ended funds on Chi-X (so far its ETFs use ASX ...

Wasatch adds APAC distribution lead

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... Kennedy's appointment comes as Wasatch has grown its global client base and distribution footprint in the Asia-Pacific region with AUD$788 million in assets managed for Australian clients. Eric Bergeson, president of Wasatch Global Investors said: "Amelia's ...

Global manager launches China A-shares fund

KANIKA SOOD  |  TUESDAY, 11 AUG 2020
... underlying fund, which launched in July, is a Luxembourg domiciled vehicle. Australian investors will have access through an AUD denominated share class, priced at 85bps per year in management fees and minimum investment size set at $5 million (negotiable ...

SG amnesty deadline nears

ALLY SELBY  |  THURSDAY, 6 AUG 2020
The ATO this week has put Australian businesses on notice, as the amnesty allowing employers to disclose and reimburse previously unpaid superannuation - dating back to 1 July 1992 - fast approaches its closing date. To take up the amnesty, employers ...

ERS scheme referred to Auditor-General

ELIZA BAVIN  |  THURSDAY, 6 AUG 2020
The Labor party has referred the government's Early Release of Superannuation scheme to the Auditor-General, citing administrative failures. Shadow Assistant Treasurer Stephen Jones sent the letter to the Auditor-General Grant Hehir asking him to review ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
APRA has been forced to clarify the standards it holds for superannuation trustees when valuing unlisted assets. It comes as the market downturn as a result of the pandemic and the Early Release of Superannuation Scheme (ERS) has led to industry concerns ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... clients have, until now, been unable to easily invest in. "Chi-X TraCRs provide the added advantage of HIN based ownership, AUD dividends repatriated at institutional foreign exchange rates, fungibility to the underlying offshore asset and T+2 settlement ...

Partners Group hires from GSFM

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... private equity, private debt, private infrastructure and private real estate) and the Partners Group Global Real Estate Fund (AUD).

AMP Capital names real estate head replacement

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
AMP Capital named its new head of real estate following Carmel Hourigan's decision to join Charter Hall. Kylie O'Connor has been promoted to the position, currently working as AMP Capital Real Estate chief operating officer and managing director separate ...