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

Search Results

Showing 1 - 10 of 3024 results for "August 5"

Magellan shuts down Vinva Global Equity Fund

KARREN VERGARA  |  MONDAY, 21 SEP 2026
Magellan Asset Management is shuttering the Vinva Global Equity Fund, an active systematic retail strategy, two years after it was brought to market. Reaching $165.3 million in assets under management at the end of August, Magellan, as responsible entity ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
The Federal Reserve has lifted its interest rate for the first time in more than three years, contributing to the ongoing adversity the global economy is facing, especially in Australia. The Fed has called a rate hike overnight, increasing the interest ...

4D Infrastructure moves to Perennial

VINNY VUCAGO  |  WEDNESDAY, 16 SEP 2026
4D Infrastructure will not be joining the other Bennelong Funds Management affiliates that have been sold off to Antipodes Partners and will instead move to Perennial Partners. Perennial will take a shareholding in the business for an undisclosed sum. ...

Former adviser charged further on dishonest conduct

RIDDHIMA TALWANI  |  MONDAY, 14 SEP 2026
Former financial adviser and the sole director of Professional Wealth Management, Donald Cuthbertson, has been slapped with 24 offences in the Federal Court of Australia. An indictment filed on August 28 showed Cuthbertson being charged with making ...

GQG outflows worsen, ousted from ASX200

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
GQG Partners' continued slump in performance continues as net outflows for funds under management (FUM) stood at US$4.3 billion in August alone, and worse, the firm has been bumped out of the ASX200 index. Investment performance during the month ...

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
The Administrative Review Tribunal has affirmed ASIC's decisions to ban two former financial advisers from InterPrac Financial Planning and Financial Services Group Australia (FSGA) who were involved in the Shield and First Guardian master funds ...

Three super funds fined for misleading investment options

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
Three industry superannuation funds - Australian Retirement Trust (ART), TelstraSuper and Australian Food Super - have been pinged by ASIC for misleading members about their investment options' asset allocation and performance objectives. Each super ...

State Street appoints head of Asia Pacific

RIDDHIMA TALWANI  |  WEDNESDAY, 9 SEP 2026
State Street has appointed Tim Helyar as head of Asia Pacific, effective immediately, taking the helm from Lochiel Crafter, who recently retired. Based in Hong Kong, Helyar will oversee State Street's Asia Pacific business strategy, strengthen its governance ...

Shorter CSLR payout timeframe awaits major bill passage

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2026
The looming passage of a major bill will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and, in turn, speed up compensation payments to eligible victims. The reform is part of the Regulatory Reform Omnibus Bill 2026 ...

Crole banned for 10 years after abrupt exit from Sequoia

MATTHEW WAI  |  TUESDAY, 8 SEP 2026
ASIC has banned former Sequoia Financial Group managing director and chief executive Garry Crole for 10 years, following the events that unfolded under his leadership. Crole was a director of InterPrac Financial Planning from 20 August 2004 to 1 December ...
PREVIOUS
NEXT