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

Search Results

Showing 921 - 930 of 2289 results for "Generate"

ASIC bans financial adviser

KRISTI CHENG  |  WEDNESDAY, 28 AUG 2019
ASIC has banned a financial adviser from providing financial services for four years for failing to act in the best interests of clients. ASIC found Bundaberg-based Peter Goudie did not adequately identify his clients' objectives, financial situation ...

Aussie equities manager expands team

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
A Melbourne boutique expanded its senior ranks with the appointment of a new head of distribution and investor relations. Collins Street Asset Management has appointed Rob Hay to the role, responsible for engaging with the fund's existing investors ...

Industry fund awards $150m mandate

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
... Affirmative Investment Management (AIM) to manage its first green bond mandate, which aims to achieve financial returns, and generate positive environmental and social impact projects. The bond, hedged in Australian dollars, is benchmarked against the ...

Sovereign wealth fund plans Ancestry.com retreat

KANIKA SOOD  |  FRIDAY, 16 AUG 2019
Investors including Singapore's $150 billion plus sovereign wealth fund are looking to pull out over $1.3 billion from popular DNA testing company Ancestry.com, according to a news report. Singapore's GIC and private equity firm Silver Lake Management ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
... and gold stocks. Senior portfolio manager Peter Gardner said this diversified portfolio means the fund will be able to generate market-like returns with the same level of income as some of the high income stocks. "You're going to be get the advantages ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service. The ASX-listed platform's FUA shot up 108% in FY19 as a result of launching the Virtual Managed ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
Commonwealth Bank's overall remediation and compliance costs have hit $2.2 billion, dragging its full-year June 2019 results. A large chunk ($806m) of the bank's customer remediation bill will go towards implementing regulatory and compliance ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
Trump's latest tat (branding Beijing a currency manipulator) for China's tit (allowing the yuan to fall below the psychological threshold of CNY7.0/US$1) highlights just how determined the US president is to win the trade war. Yes Virginia ...

Super fund turns to food sustainability

KRISTI CHENG  |  MONDAY, 5 AUG 2019
... Much of the focus on food investments to date has been based on the growth of the Asian middle class and the demand they generate he said. But Graham said this focus needs to be complemented by the long-term supply-side considerations such as environmental ...

London Stock Exchange in talks to buy Refinitiv

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
London Stock Exchange has confirmed it is in talks to acquire Refinitiv in a US$27 billion deal. The deal would see the stock exchange buying Thomson Reuters' 45% stake in Refinitiv, a global provider of financial markets data and infrastructure that ...