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

Search Results

Showing 61 - 70 of 31689 results for "New"

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
New Forests has named Macquarie Asset Management (MAM) veteran Michelle Elliot as its global head of funds. In the newly created role, Elliot will be responsible for improving investment, operations, and investment analytics to support the investment ...

Centuria raises $50m for new fund

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
Centuria Capital Group has launched a new fund to wholesale investors that targets counter-cyclical opportunities across the property sectors and debt. The Centuria Select Opportunities Fund (CSOF) is a closed-ended unlisted fund targeting a 15% internal ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
Bitcoin has hit a new all-time high, surpassing US$72,000 ($100,000) for the first time since the digital asset's inception. The latest price boost was underscored by an increased acceptance of Bitcoin by mainstream financial institutions with the UK's ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... taxpayers is declining as the population ages. The taskforce said it has made its recommendations with the aim of not creating new or exacerbating existing intergenerational equity issues. It has therefore recommended older people make a co-contribution ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... onboarding software providers, beyond just providing information," it said. Meanwhile, UniSuper in its submission wrote that new employees should be able to actively choose a fund, including choosing a default fund, during onboarding. "If a member doesn't ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... that while the RBA didn't get it right 100% of the time, "we got a lot right and Australia is in a better place." Former New South Wales premier Baird was appointed chair on 31 July 2022. Baird said: "Phil is one of the finest financial leaders in ...

The tide is turning for North Asian equity markets: Maple-Brown Abbott

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... multi-decade period of stagnation following the burst of the bubble economy during the late-1980s, its equity market recently hit new highs. The MSCI Japan index was up ~29% in 2023 and another ~14% YTD to 29 February 2024 (in local currency terms). ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... as a larger pool of assets across which to spread expenses," Wilson said. Under the Scheme, QVE shareholders will receive new WAM Leaders shares as consideration for their QVE shares. The number of WAM Leaders shares will be determined by a formula based ...

Coalition's super for housing scheme slammed

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... Australians achieve home ownership by allowing first homebuyers to access up to $50,000 from their retirement savings. However, new modelling from SMC found allowing first homebuyers to withdraw their super for a home deposit could see property prices ...