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

Search Results

Showing 821 - 830 of 2544 results for "South32"

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
A US congressman has called for the chief investment officer of America's largest pension fund to be fired. In a series of tweets and interviews, Indiana Congressman Jim Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng ...

Pendal cuts fees on equities fund

KANIKA SOOD  |  TUESDAY, 11 FEB 2020
Pendal has dropped the fees on a $334 million global emerging markets equities fund by 22bps. The Pendal Global Emerging Markets Opportunity Fund lowered its issuer fees from 1.40% per year to 1.18% per year, effective last Thursday. The fund is managed ...

Pension assets climb towards $50 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
Global institutional pension fund assets among the 22 largest markets bounced back in 2019 to climb by 15%, reaching US$46.7 trillion. Over the last decade, the fastest growing pension markets in the world have been in Asia and the US - with South Korea's ...

Chief economist update: Lowe puts Australia on high

BENJAMIN ONG  |  MONDAY, 10 FEB 2020
Drought, bushfires, coronavirus are among the risks Reserve Bank of Australia governor Philip Lowe nominated when he testified before the House of Representatives Standing Committee on Economics on the February 7. One day later, and Lowe would have ...

New head of wholesale at Fidelity

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
Fidelity has appointed a new head of Australian wholesale sales from Ellerston Capital, after Andrew Mathie left the role last year. Simon Glazier, who was Ellerston Capital's head of intermediated distribution and marketing since 2015, will join in ...

Asia is way forward for global economy: DWS

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2020
The doom and gloom in the global economy is starting to see the rays of light shine through in 2020 for Asia in particular, according to DWS chief investment officer, APAC Sean Taylor. Speaking to Financial Standard ahead of the Chief Economist Forum ...

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
A Sydney-based financial adviser has been permanently banned for allegedly transferring client SMSF funds to the trust account of a business she controlled. ASIC has permanently banned Sydney adviser Tram Tran, after it found the funds of her clients ...

Westpac facing new class action

ELIZA BAVIN  |  MONDAY, 3 FEB 2020
Westpac is facing a new class action over issues connected to the bank's monitoring of financial crime and the recent AUSTRAC scandal. Rosen Law, a US based international investor rights law firm, filed the class action on behalf of purchasers of ...

Wealth manager promotes from within

ALLY SELBY  |  THURSDAY, 30 JAN 2020
The Adelaide-based arm of an accounting and advisory firm has promoted a long-term staff member to managing principal. Ben Brazier will take over the reins as managing principal at Pitcher Partners Adelaide for 2020, after 23 years with the firm, 17 ...

Coronavirus in, climate change out: Costello, deVere

ALLY SELBY  |  TUESDAY, 28 JAN 2020
With the death toll surpassing 132 and a further 6000 people suspected of being infected, the outbreak of the Wuhan coronavirus has left markets tumbling as fears of an epidemic are stoked by news of the virus spreading around the world. It's caused ...