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| | | Assets in the UK's asset management industry have fallen by nearly £200 billion ($383 billion) to £900 billion ($1.72 trillion) during the past year, as a result of the concern about a British exit from the EU. According to figures from global funds ... |
| | | | ... rate hikes this year were halved to just two last March. Although this remains the Fed consensus at the June meeting, "Figure 2. FOMC participants' assessments of appropriate monetary policy: Midpoint of target range or target level for the federal funds ... |
| | | | US retail sales A solid and faster than expected increase in US retail spending in May suggests that, perhaps, the Fed was correct in dismissing the highly disappointing May non-farm payrolls report as just "noise". Overall retail sales expanded for ... |
| | | | Fixed interest specialist Altius Asset Management has appointed a senior industry figure to its investment advisory committee. Former Perpetual Investments group executive Michael Gordon, who has also held global chief investment officer roles at Fidelity ... |
| | | | More Australians will benefit from the new superannuation measures announced in the Budget than be negatively affected by them, according to Association of Superannuation Funds of Australia figures. ASFA prepared the research to "inform the debate," ... |
| | | | Australia retail sales Australian retail sales slightly missed market expectations for a 0.3% increase in April, growing by 0.2% over the month after rising by 0.4% in March. While a big component of household spending - which, in turn, accounts for ... |
| | | | Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ... |
| | | | ... Women (60-64) who are self-employed have $85,000 in their retirement fund on average compared to $155,000 for a male. This figure would provide only a very modest retirement income for a female. |
| | | | Australia company profits The Australian Bureau of Statistics' (ABS) "Business Indicators, Australia" report shows that gross operating profits dropped by 4.7% in the March quarter following a 2.8% drop in the fourth quarter of last year and disappointing ... |
| | | | ... surpluses of and US$4,990million and US$2,966 million recorded in February and March, respectively. Although the latest figure represents a sharp turnaround from April 2015's US$523 million deficit, this was achieved due to a bigger drop in imports than ... |
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