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Showing 10321 - 10330 of 21783 results for "Dec"

Mercer wins $250m NZ mandate

ALEX BURKE  |  MONDAY, 16 JAN 2017
Mercer won a mandate in December to manage a $250 million New Zealand investment portfolio. Following what the New Plymouth District Council described as a "rigorous process" with consulting actuaries Melville Jessup Weaver, Mercer will take the reins ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
The Commonwealth Bank has responded to reports by Fairfax claiming a CBA bank teller had provided personal advice to a now-deceased customer. Last week Fairfax revealed CBA is working through a $68,000 compensation claim as part of its Open Advice Review ...

SMSF investors trade during market volatility

EMMA RAPAPORT  |  MONDAY, 16 JAN 2017
Self-managed superannuation fund investors were not spooked during last year's share market volatility, with analysis showing they were the largest net investors in the ASX Top 20 during 2016. Commsec analysis shows that during an August 2015 market ...

A-dollar rising

BENJAMIN ONG  |  MONDAY, 16 JAN 2017
Aussie! Aussie! Aussie! Oi! Oi! Oi! Australia's legal tender is again doing the rounds of the headlines. Disappointment over Trump's press conference last week - he talked and talked about everything except about his economic policies - brought the ...

Advice firm creates aged care subsidiary

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2017
A Queensland financial advice practice is launching a subsidiary business assisting the elderly transition into aged care. Gold Coast-based Wealth Planning Partners has established Trusted Aged Care Services to provide a suite of services to families ...

AMP Capital infrastructure platform secures US$2.4b

EMMA RAPAPORT  |  FRIDAY, 13 JAN 2017
AMP Capital secured US$2.4 billion ($3.2 billion) for its global infrastructure platform with Australian companies among more than 50 institutional investors committed to its global mandate. The platform, which includes the AMP Capital Global Infrastructure ...

Credit where credit is not due

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
"I swear by the moon and the stars in the skies..." (All-4-One). Time and gain, Beijing has promised to curtail excessive borrowing in its domestic economy to contain asset bubbles and mitigate financial risks. However, fresh Chinese credit data shows ...

Tax breaks drive China car sales

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
China's tax break on small vehicles -- halving the 10% purchase tax on vehicles with 1.6-liter engines or smaller - is having the same impact as the US' 'cash for clunkers' programme back in July 2009, it's sending car purchases in a frenzy. Data released ...

Energy fuels US cross-border inflation

BENJAMIN ONG  |  FRIDAY, 13 JAN 2017
The price of goods and services bought and sold by America from its trading partners lifted in December - both largely driven by surging energy prices. US export prices rose by 0.3% in the month of December following a 0.1% dip in the previous month. ...

Asia-Pacific comes out on top in unlisted real estate

ALEX BURKE  |  THURSDAY, 12 JAN 2017
Unlisted real estate funds in the Asia-Pacific region, and Australia in particular, performed strongly against their US and European peers towards the end of 2016. According to the Global Real Estate Fund Index, Asia-Pacific returned 2.94% in the third ...