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

Search Results

Showing 71 - 80 of 4564 results for "KAR"

Vision Super to close Diversified Bonds option

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
Vision Super is shutting its $24.5 million Diversified Bonds investment option due to low member demand. As at December 2025, the option represented less than 0.08% of total funds under management, Vision Super said, adding the trustee regularly reviews ...

Pinnacle, National Pension Service of Korea up stake in Metrics

KARREN VERGARA  |  TUESDAY, 5 MAY 2026
Pinnacle Investment Management and South Korea's public pension fund have bumped up their stakes in private credit specialist Metrics Credit Holdings. Pinnacle will acquire an additional 6.8% in Metrics to take its total ownership to 35%. The total ...

Generation Life, PPS Mutual make senior distribution hires

KARREN VERGARA  |  TUESDAY, 5 MAY 2026
Generation Life and PPS Mutual are bolstering their distribution teams with senior hires. Generation Life named Robert Coulter as national key accounts manager, joining from Allianz Retire+ where he served as head of key accounts. Coulter will focus ...

Vale Steven Glass

KARREN VERGARA  |  TUESDAY, 5 MAY 2026
Pella Funds Management co-founder and managing director Steven Glass has passed away. "To all of us at Pella, Steve was far more than a colleague, he was a close friend and a valued part of our family. From the very beginning, he brought energy, and ...

Pengana plots AI-focused LIT launch

KARREN VERGARA  |  MONDAY, 4 MAY 2026
Pengana Capital Group said it will launch an artificial intelligence-focused listed investment trust (LIT) targeting wholesale and advised investors. The proposed LIT will focus on equity securities of private, non-publicly traded companies that are ...

Lazard AM launches emerging market fund to retail sector

KARREN VERGARA  |  MONDAY, 4 MAY 2026
Lazard Asset Management (LAM) has launched an emerging markets equity fund to retail investors. The Lazard Emerging Markets Equity Advantage Fund, which uses a quantitative solution and systematic investment process, is now available to retail investors. ...

Clime Investment offloads SMA business

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Clime Investment Management is selling its separately managed accounts (SMA) products and some managed funds for about $7.7 million to an unnamed party. The cash transaction is subject to platform consent, due diligence and completed documentation. ...

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Following ASIC's concerns over the transaction, Sequoia Financial Group tore up the agreement to sell InterPrac Financial Planning to Conquest Investment Partners, saying the two parties failed to satisfy all the conditions within the required timeframe. ...

Australia averts recession but not slowdown: JPMAM

KARREN VERGARA  |  WEDNESDAY, 29 APR 2026
Australia's economy will take a hit at the fallout of the Middle East conflict, but the good news is it will avoid a recession, J.P. Morgan Asset Management predicts. The asset manager downgraded Australia's annualised growth rate from 2% tipped at ...

UBS Global Wealth Management wins mandate

KARREN VERGARA  |  WEDNESDAY, 29 APR 2026
UBS Global Wealth Management (UBS GWM) has been awarded an investment adviser mandate by the Peter MacCallum Cancer Foundation for the third time running. Peter MacCallum Cancer Foundation chief executive Craig Connelly said the long-standing partnership ...