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

Search Results

Showing 7651 - 7660 of 22800 results for "Funds"

US relaxes active ETF disclosures

KANIKA SOOD  |  TUESDAY, 16 APR 2019
... without making daily disclosures. The SEC had previously rejected Precidian Investments' bid over concerns about whether the funds' prices would track their holdings. But now, it will now approve the proposal unless its commissioners decide to order ...

Aussie blockchain investor goes global

ELIZABETH MCARTHUR  |  TUESDAY, 16 APR 2019
... TCM Global Asset Management and we believe Grasshopper Capital is extremely complementary to our existing offerings and funds. "We want Ari and the team to continue what they have been doing; navigating and identifying opportunities in the early stage ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... divesting Spectrum Wealth. It will then focus on finalising regulatory obligation and consider the best method to return excess funds to shareholders. The embattled firm announced in December 2018 that it will stop selling life insurance products and ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... Short-term interest rates remain as they were at the end of 2018 - the RBA's official cash rate is 1.5% and the Fed funds rate at 2.25%-2.5%. The status quo is also preserved with regards to interest expectations. Despite policy guidance from the ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... services organisation. Foresters Investment Management Company which acts as the investment adviser of the First Investors funds entered into a definitive agreement with Macquarie IM on April 9. The move will see Macquarie IM add roughly US $12.3 billion ...

Retirement funder partners with ME Bank

KARREN VERGARA  |  FRIDAY, 12 APR 2019
... $550,000 and charge a variable 5.9% interest rate per annum and 1.5% establishment fee. ME Bank is owned by 26 industry super funds.

$1.5bn pulled from Pendal

KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...

Founder leaves SMSF Association

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... Management Authority & Commercial Operations. Slattery co-founded the association in 2003 when there was about 130,000 SMSFs with funds under management at $109 billion in Australia. Now, there are 596,000 funds in the sector and $755 billion in funds ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
... international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed out 306 mandates totaling $48 billion in the 12 months to December 31. About a quarter ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... defer consumer disclosure requirements for choice superannuation products for up to four years. Currently, superannuation funds with more than five members must disclose dashboards for MySuper products only. ASIC has amended Class Order CO 14/443 to ...