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Showing 10861 - 10870 of 19601 results for "RIS"

Action! in June

BENJAMIN ONG  |  FRIDAY, 9 MAY 2014
European Central Bank president Mario Draghi appears to have dragged out his promised action on monetary policy long enough. While the ECB announced no changes in monetary policy after its Governing Council meeting last night - the benchmark rate at ...

Market Wrap AM

AAP  |  FRIDAY, 9 MAY 2014
The Australian market looks set for a flat start to trade, after a mixed session on Wall Street. At 0700 AEST on Friday, the June share price index futures contract was up just one point at 5,460. In economic news on Friday, the Reserve Bank of Australia ...

AMP wealth management cashflows up 72%

MARK SMITH  |  THURSDAY, 8 MAY 2014
AMP's wealth management net cashflows jumped 72% in the first quarter to $363 million, up from $211 million for the same period last year. AMP's North platform was a key growth driver of the rise with $1 billion in net cashflows for the quarter, the ...

Insurers upping risk to combat low yields

MARK SMITH  |  THURSDAY, 8 MAY 2014
Global insurers are looking to increase risk to combat low yields, according to the third annual Goldman Sachs Asset Management (GSAM) survey of the sector. Through independent third party research firm, KRC Research, GSAM surveyed 233 senior insurance ...

Janet puts it

BENJAMIN ONG  |  THURSDAY, 8 MAY 2014
"Whispering hope, Oh how welcome thy voice..." Greenspan's done it. Bernanke did it. Now, Yellen's doing it -- the Fed put, that is. If you still doubt it, Virginia, just have a look at last night's trading action on Wall Street. Sure, there was some ...

Family office model attractive to feuding families

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
Balancing the diverse needs and desires of various family members can be made significantly more difficult when large amounts of wealth are involved, research from Deloitte shows. The report, 2014 Private Wealth Outlook Championing Growth, found that ...

BNP Paribas appoints custody product head

STAFF WRITER  |  WEDNESDAY, 7 MAY 2014
BNP Paribas Securities Services, a global custodian with over $8 trillion in assets under custody, has appointed Justin Burman as head of product - asset and fund services (AFS) in Australia. Burman is responsible for market research and analysis, service ...

Blue Sky launches first listed investment company

MARK SMITH  |  WEDNESDAY, 7 MAY 2014
Blue Sky Alternative Investments has launched an initial public offering (IPO) to raise up to $100 million to list Australia's first diversified, alternatives-focused Listed Investment Company (LIC) on the ASX. With the listing, the company is aiming ...

Higher pension age to drive increase in early super releases

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2014
The government's decision to lift the pension age has raised the ire of advocates for manual workers but these workers represent only a minority of the workforce. According to the Australian Bureau of Statistics, 10% of Australia's 11.5 million labour ...

Promises promises and broken promises

BENJAMIN ONG  |  WEDNESDAY, 7 MAY 2014
Were you not as surprised as I was? I bet you weren't Virginia, not even your uncle and his dog, when the Reserve Bank of Australia (RBA) announced that it was doing nothing - it left the official cash rate steady at 2.5%. While the RBA mostly stuck ...