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

Search Results

Showing 951 - 960 of 11505 results for "CAS"

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
Global Digital Finance (GDF) suggests that digital assets are becoming quite popular with institutional investors. Conducting a global survey of 100 executives, GDF found almost all participants (93%) have handled Bitcoin in some shape or form. Meanwhile ...

Court rejects former fund manager's appeal

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
A former fund manager who went to jail for misappropriating client funds had an appeal quashed. The Queensland Court of Appeal has dismissed an application by Roger Munro against his conviction on three counts of fraud. Munro was sentenced to four and ...

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index (CPI) rose 1% in the June quarter and 3.8% annually, according to the latest data from the Australian Bureau of Statistics (ABS). "The June quarter rise is the same as the 1% rise in the March 2024 quarter," ABS head of price ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
There are four key themes that will drive investment outcomes over the next generation, says La Trobe Financial's Michael Watson. Speaking at the Advisers Big Day Out (ABDO) regional roadshow in Terrigal this morning, Watson outlined the four themes ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
ASIC has released a consultation paper on proposed rules to facilitate competitive outcomes in cash equity clearing and settlement (CS) services provided by the ASX Group. The corporate regulator's release of the consultation paper marks the first exercise ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
Assistant Treasurer Stephen Jones announced this month a review to consider making temporary changes to the Corporations Act to allow hybrid and virtual-only AGMs permanently, a move which Wilson Asset Management chief executive Geoff Wilson said is ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
After Perpetual reported worse than expected outflows yesterday, Morningstar has lowered its fair value estimate for the 138-year-old wealth giant. However, it says things aren't all bad. In a quarterly update yesterday, Perpetual disclosed $8.9 ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Perpetual's asset management business failed to stem outflows before the financial year end, which saw $8.9 billion of investor money exit its six boutiques. Former investors of Pendal Asset Management drove the exodus, walking away with a whopping ...

Charges brought against ASX pump and dump group

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2024
Four people have been criminally charged after an ASIC investigation identified them as key members of a Telegram group named the 'ASX Pump and Dump Group.' Syed Yusuf, Larissa Quinlan, Emma Summer, and Kurt Stuart have been charged with conspiracy ...