Chief economist update: The hazard of being a safe havenBY BENJAMIN ONG | WEDNESDAY, 21 AUG 2019 9:56AM
Mounting uncertainties are pushing investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen.
Read more: US, BOJ, China, South Korea, Ahh, Argentina, Bank of Japan, Bloomberg, Board, Brexit, Germany, Hong Kong, Italy, Land of, Russia, Trump
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Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally.
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week.
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique.
The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure.
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