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Showing 10571 - 10580 of 21783 results for "Dec"

Morgan Stanley chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
Steve Harker has stepped down as chief executive of Morgan Stanley Australia. Harker is one of the longest standing financial services chief executives, having been in the top job for 18 years after assuming the role in 1998. Succeeding Harker is Richard ...

NGS inks deal with advice firm

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
NGS Super has partnered with a new financial advice partner. Guideway Financial Services has been awarded the mandate by NGS following a tender process that sought to align the fund with a provider that would support its future growth strategy. A key ...

Yale returns 3.4 pct

ALEX DUNNIN  |  FRIDAY, 7 OCT 2016
Yale Endowment Fund earned 3.4% in 2015-16, fuelled by its 54% weighting to alternatives, reports its investment office. YEF's return contrasts with the 2.9% achieved by the MySuper SelectingSuper benchmark for the same period and 4.8% achieved by the ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 7 OCT 2016
Australia trade balance Australia's trade deficit narrowed by 5.0% to A$2.01 billion in August from A$2.12 billion in July (revised from A$2.41 billion), Australian Bureau of Statistics (ABS) data show. This is better than market expectations for a ...

Top tips to kill your advice business

KERRIE SYDEE  |  FRIDAY, 7 OCT 2016
Businesses are living organisms and they will die without nourishment, according to Kearney Group chief executive Paul Kearney. Speaking as part of a focus session at the 2016 AFA National Advisers Conference, Kearney took delegates through his top ...

New Blue Sky MD shoots for $5bn

ALEX BURKE  |  THURSDAY, 6 OCT 2016
The new Blue Sky managing director believes there is "no reason why we won't grow to least $5 billion in fee-earning assets under management in the next three years." In what could be described as Robert Shand's "mission statement," he told an ASX update ...

Majority of active managers underperforming: S&P

ALEX BURKE  |  THURSDAY, 6 OCT 2016
The majority of active Australian fund managers underperformed their relevant indices in FY16, according to the Mid-Year 2016 S&P Dow Jones Indices Versus Active Funds (SPIVA) Australia Scorecard. The research, issued bi-annually, tracks about 1000 ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 6 OCT 2016
Australia retail sales It hasn't been since January this year that we saw retail spending increase at this monthly rate. Data from the Australian Bureau of Statistics (ABS) show that retail sales grew by 0.4% in the month of August - higher than the ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2016
Australia ANZ job ads The latest ANZ job ads survey shows that the total number of job advertisements fell by 0.3% in the month of September following the strong 1.7% jump in the previous month. The year-on-year growth in job ads slowed to 3.7% last ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...