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

Search Results

Showing 911 - 920 of 2197 results for "In March"

AustralianSuper awards international property mandate

DARREN SNYDER  |  TUESDAY, 18 SEP 2018
... super fund awarding an extended office and retail direct property equity mandate to the $160 billion real estate manager in March. AustralianSuper head of mid-risk Jason Peasley said the One Crown Place transaction "aligns with our real estate debt strategy ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... FOS said. As this particular case was unfolding, Orr pointed out that a joint Four Corners and Fairfax investigation in March 2016 alleged CommInsure knew its trauma insurance contained heart attack definitions that were out of date. In the same month ...

Netwealth doubles market share

DARREN SNYDER  |  MONDAY, 3 SEP 2018
... to 31 March 2018, obtaining 22.1% or $4.6 billion of total net flows. Netwealth has doubled its market share from 1% in March 2015 to 2% or $16 billon in March 2018. Netwealth joint managing director Michael Heine said the firm was pleased with its first ...

AustralianSuper secures WestConnex stake

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... Queensland. AustralianSuper manages more than $140 billion of members' retirement savings. Construction of WestConnex began in March 2015, and NSW Treasurer Dominic Perrottet and Minister for WestConnex Stuart Ayres said: "We're months from opening ...

Kapstream renews industry fund relationship

DARREN SNYDER  |  THURSDAY, 30 AUG 2018
... became a cornerstone investor for the Kapstream Absolute Return Income Plus Fund. Kapstream first flagged its new strategy in March. It's positioned to sit alongside the manager's flagship fund - the Kapstream Absolute Return Income Fund - and ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... since the Global Financial Crisis, with the total exposure of ADIs to reverse mortgages increasing from $1.3 billion in March 2008 to $2.5 billion by December 2017. From 2013 to 2017, two credit licensees provided 80% of the dollar value of new loans ...

Chief economist update: Blame the US economy for the widening trade gap

BENJAMIN ONG  |  WEDNESDAY, 29 AUG 2018
... Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance of trade in goods increased to a larger-than-expected ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... trailing commissions may potentially breaching the section 52(2)(d)(i) and (d)(iii) of the SIS Act. CBA admitted to APRA in March 2014 it breached the SIS Act on 13,000 occasions after it was unable to determine if First Choice Personal Super members ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... Amos said. Campbell joins the board ahead of Contango's acquisition of the remaining stake of Switzer Asset Management. In March this year, CGA acquired a 46.25% stake in the retail business of Switzer Asset Management. Marty Switzer who had been acting ...

Chief economist update: Look ma, inflation ate my wages

BENJAMIN ONG  |  THURSDAY, 16 AUG 2018
... our brethren in the public sector (nominal wages up 2.4% in the June quarter). Although their real wages slid from 0.5% in March to 0.3% in June, this is heaps more than real wages growth in the private sector of minus 0.1% last quarter. Reminds me of ...