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

Search Results

Showing 81 - 90 of 1121 results for "Russell 2000"

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
The former director of Reiwa-Capital has been sentenced to home detention after he was found guilty of misappropriating $440,000 of investors' funds, including gambling some of it. Russell Sandiford was sentenced to two years and eight months imprisonment ...

Advisers add 5.7% premium

KARREN VERGARA  |  WEDNESDAY, 4 SEP 2024
Financial advisers add 5.7% in value for client portfolios, a new study shows, down from 5.9% last year. Now in its seventh year, the Value of an Adviser Report by Russell Investments found financial advisers continue to deliver for clients, particularly ...

ART names member service leads

ELIZABETH FRY  |  FRIDAY, 23 AUG 2024
The country's second largest super fund has created two new roles - an interim chief service delivery officer and a head of member operations. The changes follow the recent announcement of an organisational shakeup and an overhaul of the executive ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
The US regulator has filed charges over a $453 million Ponzi scheme that saw more than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
Bravura Solutions returned to profit in the 2024 financial year following a "difficult year" but flags it is not done with its cost-cutting strategies. The ASX-listed firm's total revenue was stable at $250.4 million but managed to haul itself out of ...

Russell Investments appoints global head of alternatives

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
Russell Investments has announced the appointment of Ayesha Parra as global head of alternatives to lead the overall business strategy for the firm's alternatives platform globally. Parra, who joined in July, leads a team of alternatives specialists ...

FTSE Russell hires client coverage lead

KARREN VERGARA  |  MONDAY, 12 AUG 2024
FTSE Russell has appointed Julia Lee as the head of client coverage to work alongside asset owners, asset managers, and institutional clients. Lee takes on the role of FTSE Russell head of client coverage, index investments group, Pacific. She joins ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Russell Investments' default lifecycle investment option, GoalTracker, posted returns ranging from 9.2% to 12.3% last financial year. Since its inception in March 2020, GoalTracker has delivered average annual returns of 8.3%-11.3%. Russell Investments ...

Pacific Current names acting chief executive

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Pacific Current named a former Challenger executive to lead the multi-boutique in an interim capacity. Michael Clarke, who spent more than 10 years at Challenger, takes the top job at Pacific Current following the resignation of managing director, chief ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
PGIM has added a former MLC Asset Management executive to its private alternatives team in the Asia Pacific. The US$1.3 trillion asset management business of Prudential Financial has appointed Dan Greyling as vice president - APAC business development ...