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

Search Results

Showing 1 - 10 of 8303 results for "ASX"

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
ASIC has secured sequestration orders against finfluencer Tyson Scholz, the self-proclaimed 'ASX Wolf,' effectively declaring him bankrupt. The corporate regulator sought sequestration orders against Scholz for not paying Federal Court-mandated costs ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... 2023. Meanwhile, active bond managers had an exceptional year as almost three-quarters of Australian bond funds beat the S&P/ASX Australian Fixed Interest 0+ Index. Some 56% and 46% underperformed over the three- and five-year periods respectively. Appearing ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... Former E&P chief executive Alan Dixon and former director Christopher Brown were also named in the lawsuit. In an update to the ASX, E&P said that if the conditional settlement is approved, it "will be an important milestone" for the company. "The amount ...

Super assets reach $3.7tn

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
Australians' nest egg jumped 10% to $3.7 trillion in the year to 2023 thanks to strong contributions and share market performance. The latest statistics from the prudential regulator show that APRA-regulated assets dominate the pool, growing 12% to ...

New chair for NZ Super Fund

JAMIE WILLIAMSON  |  MONDAY, 26 FEB 2024
... Guardians also oversee. Williamson is the former chief executive of ACG Education and Hellaby Holdings, which was taken over by ASX-listed Bapcor in 2017, and has been on the Guardians' board since 2016. He is currently chair of its employee policy and ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Iress has offloaded its platform business with $4 billion in funds under advice (FUA) to another ASX-listed firm. Praemium will soon be the new owner of Iress's OneVue Platform Business (IOPB), agreeing to pay $1 million in cash and an additional ...

ASX issues first corporate bond, underwritten by Westpac

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
ASX has unveiled the pricing for its first corporate bond; a $275 million issue of floating rate, unsecured medium-term notes. This issuance falls under its newly established Medium Term Notes Programme, dated 18 August 2023. The Notes have a coupon ...

Iress reports $137m loss in 'challenging year'

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
... will be used to reduce the debt and that will be significant to our leverage," Price said. Following its announcement to the ASX, Iress' share price declined 5.85% as of 1pm.

Superannuation fund returns underperformed SMSFs: Research

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... (SMSFs) by 4.1% in the 2021-22 financial year, according to the University of Adelaide. During this period, while the S&P/ASX 200 index declined by more than 10%, the median SMSF decreased by only 1%; comparatively, the median APRA-regulated super fund ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... investors can now gain access to the unhedged Claremont Global Fund (CGUN) and the hedged Claremont Global Fund (CGHE) on the ASX. Claremont Global head and co-portfolio manager Bob Desmond said its decision to target the retail market is due to the ...
PREVIOUS
NEXT