Daily economic round-upBY PETER BELL | WEDNESDAY, 25 OCT 2006 12:13PMThe release by the ABS of national CPI data has shown that overall there was a 0.9 per cent increase during the third quarter, tallying to a 3.9 per cent annual rate. This suggests that the coming RBA meeting on 7 November will see the board under pressure to raise interest rates given its target of keeping inflation in between 2-3 per cent. |
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Munro completes GSFM acquisition
|Munro Partners has completed its acquisition of GSFM Funds Management, consolidating its Australian distribution and funds management operations as it enters a new phase of its partnership with Canadian investment manager CI Global Asset Management (CI GAM).
Perpetual awards OTC reporting mandate
|Perpetual Corporate Trust has selected a service provider to provide independent reconciliation and oversight of over-the-counter derivative reporting across funds for which it acts as trustee and responsible entity.
ASIC issues serious and final warning on lead generation
|Financial advice licensees risk losing their licence if they fail to adequately oversee lead generation arrangements, the financial regulator has warned.
Drummond hires from Ascalon, HUB24
|Drummond Capital Partners has expanded its national team with two senior appointments, following the launch of its tailored investment solutions last year.
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