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

Search Results

Showing 861 - 870 of 5856 results for "West"

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Investors pulled $1.6 billion net from Pendal Group's strategies in the December quarter, but total funds under management grew 5.4% to hit $97.4 billion as performance picked up. The net outflows of $1.6 billion were mostly from the JO Hambro Capital ...

Australian banks among most fined

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
Australian banks have taken the inauspicious title of second most fined in the world for 2020, according to new data. The research from Finbold found that US banks had to pay the most in fines of anywhere in the world - with 12 fines against US banks ...

HESTA hires from Frontier

KANIKA SOOD  |  MONDAY, 11 JAN 2021
The $56 billion superannuation fund has hired Frontier's head of alternatives and derivatives. Michael Sommers has been appointed HESTA's general manager portfolio construction and risk and will join its investment leadership structure. Sommers ...

David Atkin joins ME Bank board

KANIKA SOOD  |  THURSDAY, 7 JAN 2021
Former Cbus Super chief executive David Atkin, who r ecently joined AMP Capital, has just added a board position at ME Bank. David Atkin joined the industry-fund-owned bank's board as a non-executive director on January 1, alongside Westpac's ...

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... hospitals for $100 million. The hospitals, previously owned by Canada's Northwest Healthcare Properties, include the North West Private Hospital in Cooee Tasmania, the purpose-built Dubbo Private Hospital in Dubbo New South Wales and the Mayo Private ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
The same underperforming and costly MySuper products APRA named and shamed last year have failed members again in the latest iteration of the heatmaps. APRA is taking action on 10 MySuper products overseen by eight trustees. It will issue notices for ...

RBA adds former BT director to board

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
The Morrison government has made two new appointments to the board of the Reserve Bank of Australia (RBA). Alison Watkins and Carolyn Hewson have been appointed members of the RBA board for a five-year period. Hewson is a former investment banker with ...

Real estate investor chief retires

ELIZA BAVIN  |  FRIDAY, 18 DEC 2020
Cromwell Property Group has confirmed that its chief executive will retire after 22 years in the role. Paul Weightman has been chief executive of Cromwell since 1998. The board previously said succession planning had been a regular discussion point ...

Chief economist update: East and west at crossroads

BENJAMIN ONG  |  TUESDAY, 15 DEC 2020
... mighty US cannot make China kowtow to its wishes, what hope does tiny Australia have? But all this boils down to the east-west divide and their cultural differences. Westerners tend to appreciate frank and brutal assessments, even if done in heated arguments ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
How much did Challenger, Perpetual, UBS and J.P. Morgan pay in taxes? The Australian Taxation Office has released the latest numbers. The ATO's latest Corporate Tax Transparency report found AMP Limited as the financial institution outside the big ...