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

Search Results

Showing 7721 - 7730 of 22800 results for "Funds"

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... industry on the matter. APRA executive board member Geoff Summerhayes said: "Australia's banks, insurers and superannuation funds are major targets of cyber-crime, and the risk is accelerating as attackers gain in skill and technological sophistication." ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... prudential regulator extend the Banking Executive Accountability Regime (BEAR) to all APRA-regulated entitles, including super funds and insurers; and greater supervision intensity across APRA-regulated entities, with a strong focus on underperforming ...

Perpetual raising $440m for credit trust

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... average FUM and performance fees earned. Perpetual Private recorded $2.5 billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was the only subsidiary to report positive year-on-year ...

EQT hires risk and superannuation strategy lead

KARREN VERGARA  |  MONDAY, 25 MAR 2019
... chair of its risk and audit committee for three years. Jim Minto, the former chair of the Association of Superannuation Funds of Australia and chief executive of TAL, was appointed as deputy chair of Equity Trustees. He works alongside current EQT chair ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... bank stocks, according to Rainmaker executive director of research and compliance Alex Dunnin. Imagine the impact if super funds were to lose their appetite. "The financial services' hefty weight in the ASX shows how much the Australian stockmarket ...

Top staff at Regal get equity

KANIKA SOOD  |  FRIDAY, 22 MAR 2019
Regal Funds Management's key people have just acquired equity stakes in the boutique for the first time, after Phil King's family bought back a 30% stake from Ascalon. The King Family trust took 100% ownership of the boutique in October. As ...

Barefoot Investor boosts Rest indexed options demand

KARREN VERGARA  |  FRIDAY, 22 MAR 2019
... seeing some existing members and new members actively choosing these options," she told the Association of Superannuation Funds of Australia's NSW State Conference yesterday. The three indexed options, which do not charge investment fees, offer Australian ...

Listed infrastructure to hit double digits: CBRE

KANIKA SOOD  |  THURSDAY, 21 MAR 2019
... have a big impact on the listed infrastructure space but by fundamentals. UBS has acted as the distributor of other CBRE funds for many years.

Hostplus partners to launch PE emerging managers program

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
... The emerging managers program will see Flexstone Partners invest - on behalf of the fund - in the first, second or third funds of US mid-market private equity managers over the next three years. Hostplus chief investment officer Sam Sicilia said: "For ...

Women lead superannuation fund engagement

KARREN VERGARA  |  THURSDAY, 21 MAR 2019
... retirement policy and industry practice. In the US, Utkus said six-out-of-10 workers are in professionally managed default funds and is mainly a choice-based system. In the past, he presented to Congress hearings discussing the Pension Protection Act ...