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

Search Results

Showing 881 - 890 of 12575 results for "Company"

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... poor performance and lack of investor interest. It had a minimum investment amount of $500,000. Perpetual's The Trust Company, as the Responsible Entity (RE) of the fund, decided to shutter the fund on June 12 as it did not meet its long-term performance ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... (or A. Jones Group) own over 17 million Sequoia shares or 12.94% of the voting interest. His son, Brent Jones, and his company Unrandom have over 10 million shares or 8.15%. Glennon Small Companies chair Michael Glennon owns more than eight million shares ...

WTW names new head for Australia and New Zealand

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
... at a time of significant growth and opportunity in Australasia. "WTW is well positioned to compete in the market - the company is winning new business and bringing the best solutions and talent to serve the people, risk and capital needs of clients," ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... said it is using AI on everything from research to operations within the firm. It currently uses AI daily to look through company reports and filings to identify potential risks. In September last year Chin told Insider that the firm was also using AI ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... Advisory confirmed to Financial Standard that GigSuper had no obligations to creditors as at June 24. However, potential company creditors whose debts or claims have not already been admitted to DW Advisory can prove their debts or claims by July 12. ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... global net borrowing last financial year. The asset manager's annual corporate debt index is a long-term study into global company indebtedness that scrutinises the extent to which big players are financing themselves with borrowings and questioning ...

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... "surprisingly resilient given the inflationary environment." "We think of equities as inflation hedging assets. The average company should be able to pass through higher inflation to revenues. But what tends to happen, historically, is that this isn't ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
DASH has secured a $20 million investment from Bailador Technology Investments. The advice technology solutions company plans to use the funding to accelerate its software and platform technology while expanding its team. DASH aims to grow its workforce ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... the Federal Court freezing the assets of financial advice licensee United Global Capital and related property investment company Global Capital Property Fund Limited (GCPF). ASIC sought the orders to protect investor funds while an investigation is continuing. ...