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Showing 991 - 1000 of 2403 results for "Mater"

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
A boutique fixed income manager is trying to placate investors over its bets on potentially risky corporate bonds issued by companies owned by a European financier. H20 Asset Management invested in unrated bonds issued by companies related to billionaire ...

Super smashes best-performing salaries list

KARREN VERGARA  |  MONDAY, 1 JUL 2019
The superannuation industry recorded the highest salary boost of nearly 50% over the last eight years, job search engine website SEEK shows. Superannuation industry employees earned $98,796 on an annual, full-time basis on average, according to SEEK's ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
The Norwegian sovereign wealth fund has revoked its decision to exclude Rio Tinto from its investments. Norges Bank has repealed exclusions placed on five international organisations over the last 15 years, Rio Tinto among them. The fund will also now ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

Pension giant awards $1bn in mandates

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
A $323 billion pension fund has awarded three separate mandates to boost its sustainable investment strategies. The California State Teachers' Retirement System selected three new global equity managers to collectively manage more than $1 billion across ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...

AustralianSuper, Link renew mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2019
AustralianSuper has renewed its long-running mandate with Link Group. Australia's largest super fund has extended its relationship with Link for a further four years commencing July 1, with two options for the fund to roll for an additional year ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
A Melbourne wealth firm run by a former NAB Private Wealth executive has trimmed its allocations to Australian shares as it takes a bearish view on midcaps. Hamilton Wealth Management advises on about $500 million for high net worth clients. It took ...

CBA sells advice dealer group

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
Commonwealth Bank is offloading its financial advice subsidiary, Count Financial. The group announced this morning is has entered into an agreement to sell the dealer group to CountPlus for $2.5 million. It will also, over time, sell its 35.9% holding ...