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

Search Results

Showing 61 - 70 of 100+ results for "March"

Northern Trust launches low carbon strategy

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
... financial considerations, effective management of which supports the delivery of long-term financial success.'' In March, NTAM established a sustainable world green transition index strategy for Australian and New Zealand investors. The NT World ...

Mercer bolsters alternatives team

ANNABELLE DICKSON  |  WEDNESDAY, 14 JUL 2021
... Debt Fund, which had been internally managed since 2014. It currently has total committed capital of $563 million as at 31 March 2021. Mercer investment leader in Pacific Simon Eagleton said Mercer's global alternatives capabilities flown largely under ...

Former Hillross adviser pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 13 JUL 2021
... director of Nexus Financial Planning, an advice practice in Sydney trading as Hillross Bella Vista, from 8 June 2010 until 14 March 2016. ASIC reported that Nexus purchased a client book for SuperLeader, an AMP corporate superannuation product where ...

Active managers lead new ETF issuers

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... converted the Monash Absolute Investment Company into an active ETF. The Hyperion Global Growth Fund also launched on the ASX in March and the Coolabah Active Composite Bond Fund launched on Chi-X in June. Meanwhile, active ETFs only made up 11% of the ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
... of 1.29% before closing at 1.35% at the end of last week - down from this year's high of 1.74% recorded at the end of March. IHS Markit's US PMI survey supported concerns that the economy has reached its peaked. While still at a reading indicating ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... civil penalty for contraventions it alleged against Dixon Advisory is $1 million per contravention for instances before 13 March 2019, and $10.5 million for each contravention after that. A draft of the proceedings, which was shared by Evans Dixon on ...

Advice engagement jumps during COVID-19

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... COVID-19 has changed the financial services landscape forever, which canvassed nearly 400 advisers at the end of 2020 and in March and April 2021. ClearView general manager for life insurance Gerard Kerr said COVID-19 provided the jolt many industries ...

FASEA scraps three-month rule

KARREN VERGARA  |  FRIDAY, 9 JUL 2021
... conducted to date. May exam numbers show that of the 1894 advisers who sat the exam, 69% passed. This is in line with the March results and slightly better than 67% that passed in January. Overall, 89% of the total 14,850 advisers who sat the exam to ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... in net institutional outflows. Magellan ended the June quarter with $113.9 billion in total FUM, up from $106 billion at March end. It is estimating performance fees of roughly $30 million for the 12 months ending June 2021, which is significantly lower ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. Fee-paying FUA was 65.6% at the end of June, a marginal decrease ...