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

Search Results

Showing 781 - 790 of 5848 results for "Short"

Economic stimulus unlikely in budget: Podcast

CASSANDRA BALDINI  |  FRIDAY, 5 MAY 2023
... come back down." Aird further signaled it's unlikely that the budget will include measures that "raise the dial" in the short term. Overnight the European Central Bank also increased its rates by 25 bps to 3.75% in an attempt to halt inflation. In ...

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... confirmed it did not want to pursue the fund strategy "as it is not likely to achieve significant investment scale in the short to medium term." "We therefore consider the best course of action is to bring about the timely termination of the fund," Equity ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... like the government's net zero target and other issues like biodiversity and just transition are not in conflict with short-term performance concerns. "We're having a look at the benchmarking exercise that was set up by the previous government," ...

NZ Super Fund chief executive resigns

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
After 15 years, NZ Super Fund chief executive Matt Whineray will step down at the end of the year. In announcing his decision, Whineray said he feels privileged to have worked with "such a talented and committed team" at the Guardians of New Zealand ...

ASX red alert: Soaring negative cash flows raise concerns

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
... of ASX-listed companies have negative cash flow - more than any nation in the MSCI World index. Plato's head of long short strategies David Allen warned of the prevalence of negative operating cash flow in ASX-listed companies. According to Allen ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... concessions can put you at a disadvantage. Secondly, most of a client's retirement capital isn't likely to be used in the short-term when the protection from volatility that a term deposit offers can make sense," he said. "Even a 60-year-old ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... secure additional liquidity," Holland said. "We're working to restructure our balance sheet and reduce our expenses and short-term borrowings." Banking sector turmoil began with the collapse of Silicon Valley Bank, the largest US bank failure since Washington ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
... superannuation system encourages. "Priority should be given to identifying solutions to these issues, in order to improve the short and long-term certainty for consumers regarding proposed changes to the superannuation tax concessions," Abood said.

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ...

APRA consults on approach to combining product histories

JAMIE WILLIAMSON  |  THURSDAY, 20 APR 2023
... paper into a legal instrument, removing the need for APRA to make individual determinations for every affected product. "In short, the draft technical determination would modify the actual return formula in reg 9AB.12(2) and the benchmark return formula ...