Daily economic updateBY BENJAMIN ONG | TUESDAY, 30 MAY 2006 11:55AMThe Australian Bureau of Statistics (ABS) reports that retail sales rose by a larger than expected 1.4 per cent in April, giving credence to the RBA's May decision to lift interest rates. However, continued weakness in the housing market puts into question the central bank's decision. |
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Ellerston to shutter another Morphic fund
|Ellerston Capital will close the Morphic Ethical Equities Fund, terminating the last remaining Morphic Asset Management fund under its umbrella.
Channel Capital awarded mandate
|Channel Capital has been awarded a mandate to act as responsible entity for an Australian property fund.
Bravura adds to C-suite
|Bravura Solutions is continuing its hiring spree, adding a new member to the C-suite after appointing two Asia Pacific directors in September.
RQI Investors launch emerging markets strategy
|RQI Investors has launched a new emerging markets strategy backed by seed capital from a major Australian super fund, as the quantitative equities manager expands its offering and investment team.
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Cliff Man
CHIEF EXECUTIVE OFFICER
ETF SHARES MANAGEMENT LTD
ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
