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

Search Results

Showing 981 - 990 of 6145 results for "Money"

Net zero banks fund $3.5bn in carbon: Market Forces

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... friendly investments. Market Forces says in total 18 banks, including the above, are lending US$3.49 billion to GIP. The money will go towards GIP's purchase of a 49% stake in the Pluto LNG Train 2 gas processing facility, paving the way for a "carbon ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
... bottleneck in the supply chain. This time, we find empty shelves at the supermarkets. Not because consumers have so much money to spend them on but more because covid has infected workers working mines to dig up raw materials factories need to produce ...

Digital advice predicted to soar in 2022

KARREN VERGARA  |  FRIDAY, 14 JAN 2022
... industry anticipated it would. "We still feel they will be a significant player and did not retreat from managing institutional money for the fun of it. We were delighted to see evidence of IFAs partnering with firms like Six Park and MapMyPlan in 2021," ...

Christian Super investment chief in new role

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
... by really connecting with members and engaging with them on a personal basis". "This is a super fund where people invest money for retirement and can see that money being put to work in their own communities," he said. "I am looking forward to meeting ...

Aussie investors retain home bias: Report

CHLOE WALKER  |  WEDNESDAY, 12 JAN 2022
... manifested by both higher adoption levels (more investors are using) and higher portfolio allocation (users are placing more money in these assets)," Guiamatsia said. "There is also a strong ESG thematic overlaying these changing trends in investor behaviour ...

Best-performing default funds revealed

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... the highest return of 12.9% p.a. GuildSuper's Personal MySuper Growing lifestage option returned 12.3% p.a. while Virgin Money's LifeStage Tracker 1974-1978 achieved 12% p.a. Corporate fund TelstraSuper came in fourth place (11.8% p.a.) followed by UniSuper ...

Advice firm targets teen financial literacy

KARREN VERGARA  |  FRIDAY, 7 JAN 2022
... until the end of January. "There's so much a young person needs to know to succeed in the increasingly complex game of money, and our school education system still fails to prepare our kids for the reality of the economy," Scifo said. "Many of them ...

Pandemic sees boom in voluntary super contributions

ELIZABETH MCARTHUR  |  THURSDAY, 6 JAN 2022
... super over the three months to September 2021 on average, compared to the same period in 2019. However, those who withdrew money under the government's early release of super (ERS) program early in the pandemic are still lagging. This group of individuals ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... over the next five years, it anticipates SJP pulling its mandate will be followed by other institutional investors pulling money out too. However, this may not be cause for great concern. While the SJP mandate made up 16% of group FUM, Magellan's next ...

Disgraced former fund manager chief declared bankrupt

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... owing $2.5 billion. The regulator alleged senior executives misappropriated $143.5 million of Premium Income Fund investors' money to repay debts. To do so, ASIC said they falsified and backdated documents. As part of that, in 2017 King was ordered to ...