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

Search Results

Showing 901 - 910 of 12363 results for "BOT"

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Cbus hits $100bn in member assets

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
Cbus delivered double-digit returns in 2024, helping to propel its members' assets to the $100 billion mark. The default Growth (MySuper) investment option generated returns of 10.77% for 2024. The fund's High Growth investment option, returned ...

Super failures, greenwashing: ASIC's key issues in 2025

ELIZA BAVIN  |  TUESDAY, 28 JAN 2025
The Australian Securities and Investments Commission (ASIC) has identified what it believes to be the most significant current, ongoing and emerging issues within its regulatory remit for 2025. "Increased market volatility, geopolitical changes, the ...

Rest appoints first-ever chief of staff

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
Rest has appointed a senior wealth management leader and superannuation expert from Insignia Financial to take the reins as chief of staff. The $93 billion industry with around two million members said the appointee, Gideon Lipman, will help the fund ...

Global dividend strength to continue: Plato

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
Dividend growth trends in international equities are expected to continue in 2025 after global developed market countries paid out $485 million in dividends in Q4 2024, according to a new report by Plato Investment Management. This was an 8.3% increase ...

Fidelity picks Southeast Asia lead

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
Fidelity International has appointed Wildon Goh as head of Southeast Asia and country head of Singapore. Goh succeeds Sabrina Gan who left the firm in December to Goldman Sachs' client solutions group as head of third-party wealth in Southeast Asia. ...

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
Secret affairs, sexual harassment, and systemic abuses of power by chief executives and senior leaders have the potential to erode investment returns, according to Acadian Asset Management. Events like these can shake company valuations, demonstrating ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
GP staking specialist Scarcity Partners has appointed former Ophir Asset Management chief executive George Chirakis as a partner. Chirakis, who has over 20 years of experience in investment management, sales, and distribution, including leadership roles ...