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

Search Results

Showing 901 - 910 of 4498 results for "Reach"

ESG taxonomy key to achieving policy objectives

CHLOE WALKER  |  TUESDAY, 14 JUN 2022
... the Australian Institute of Superannuation Trustees (AIST) ASI Conference has heard - but greater structure is required to reach its full potential. Appearing at the conference, Fortlake Asset Management's Kylie-Anne Richards, Vishal O. Khanduja ...

BGH raises Virtus offer

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
BGH Capital has increased its offer to acquire all shares in Virtus Health. The private equity firm will offer shareholders $8.155 cash per share, up from its $8.15 offer made several weeks ago. The increased offer price will apply to all shareholders ...

HESTA, Mercy Super look to merge

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
HESTA and Mercy Super are planning to undertake a successor fund transfer by the end of the year. Mercy Super said the merger has been strategically planned for some time. If it goes ahead, the merger would bring HESTA's funds under management to ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... longer than previously projected," the OECD economic outlook said. "In some advanced economies, inflation is now expected to reach levels not seen since the 1970s." Into 2023, the OECD anticipated that core inflation would remain at or above central ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
The Reserve Bank of Australia (RBA) has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting ...

Magellan shares punished after FUM drop

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
In an update to the ASX this morning, Magellan Financial Group reported that its funds under management dropped $3.6 billion in the month to May 31. Magellan's funds under management now sits at $65 billion, down from $68.6 billion at the end of April. ...

Lifespan partners with OpenInvest to launch advice solution

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... of Australia's Financial Advice Industry ' found that the cost of advice and consumer perception of advice being out of reach financially were two of the biggest barriers to adviser accessibility. The report tabled ASIC research which showed the average ...

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... the year to March, almost triple the average of about 1% over the past decade. Business profits doubled from last year to reach 21.6% for the year to March, while labour share of national income fell to the lowest on record at 45.1%." ACTU secretary ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
Cbus has acquired a 10% interest in a local offshore wind project owned by Copenhagen Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship ...

DWS chief resigns amid greenwashing claims

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
The chief executive of DWS Group is leaving the group next week, having resigned citing the ongoing allegations of greenwashing by the investment giant. DWS announced overnight that Asoka Woehrmann has decided to resign following the company's annual ...