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

Search Results

Showing 751 - 760 of 14210 results for "Interest"

FNZ wins mandate, names APAC head

JAMIE WILLIAMSON  |  TUESDAY, 18 MAR 2025
... to investments will be improved, it added. Dividend reinvestment plans will be available on some securities, and the interest rate received on the cash account will improve. Due to the change, administration fees for the DIO will increase - however ...

Falcon Capital, First Guardian Master Fund set for liquidation

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... Court while it continues to investigate allegations against the parties that allegedly failed to manage conflicts of interest. The matter has been listed for hearing on April 9. Investors have been unable to redeem their money since May 2024, when Falcon ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
... Report, the number of advisers using them has tripled from 20% a decade ago. A further 16% of advisers have expressed interest in adoption, potentially bringing the total reach to 75%. Further, 71% of clients' total assets are stored in these accounts ...

Ord Minnett poaches Perpetual advisers amid hiring spree

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
... the Graduate Program received 500 applications, up from 250 the previous year - a rise Ords said highlights increased interest from graduates in the industry. Hegerty said that with adviser numbers having almost halved in Australia because of "necessary ...

CareSuper to merge with meat industry fund

ANDREW MCKEAN  |  MONDAY, 17 MAR 2025
CareSuper is set to merge with a $1 billion industry fund with 56,000 members. The $56 billion super fund, which has around 550,000, has struck a binding agreement to merge with the Meat Industry Employees' Superannuation Fund (MIESF). CareSuper chair ...

Underperforming managers in China could see pay halved

KARREN VERGARA  |  MONDAY, 17 MAR 2025
The markets regulator in China is threatening to slash the pay of fund managers by 50% if they underperform their benchmarks as part of a shake-up of the US$4.6 trillion mutual fund industry, according to a report. A Bloomberg article shows that the ...

AIOFP and IFPA enter 'strategic alliance'

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
The Association of Independently Owned Financial Professionals (AIOFP) and the Institute of Financial Professionals Australia (IFPA) have signed a Memorandum of Understanding to enter into a "strategic alliance". IFPA board member Scott Heathwood told ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... Holdings for $50 million. This comes seven years after Pinnacle Investment Management paid $46 million for a 35% equity interest back in August 2018. NPS acquired its stake through a strategic partnership with Townsend Group, with proceeds from the investment ...

Macquarie heavyweights headline 2025 Impact Investment Summit Asia Pacific

KARREN VERGARA  |  FRIDAY, 14 MAR 2025
The 2025 Impact Investment Summit Asia Pacific is set to be the biggest ever, featuring heavyweights from Macquarie Group, such as Viktor Shvets and former chief executive Nicholas Moore, who will headline this year's event that focuses on scaling ...

Wilson AM to launch first monthly LIC strategy

MATTHEW WAI  |  THURSDAY, 13 MAR 2025
... be led by lead portfolio manager Matthew Haupt and portfolio strategist Damien Boey. Haupt said there was significant interest in the strategy since lodging the prospectus to ASIC last week. "WAM Income Maximiser's offering is unique in the Australian ...