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Showing 1091 - 1100 of 4002 results for "Cut"

$50bn super fund links with software firm

HARRISON WORLEY  |  WEDNESDAY, 31 JUL 2019
A $50 billion industry superannuation fund partnered with a global investment data management software firm. Matrix has been selected by Cbus to provide the giant superannuation fund with investment management software designed to analyse the fund's ...

Intiger makes global operations head redundant

KARREN VERGARA  |  MONDAY, 29 JUL 2019
Intiger has made its head of global operations redundant as it ramps up cost cutting initiatives. Sharon Wright was appointed to oversee teams in India and the Philippines in May 2015. Her role was made redundant in light of the ASX-listed financial ...

Credit Suisse names chief executive

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Credit Suisse hired Deutsche Bank's former head of corporate finance, Asia Pacific to lead its Australian operations as chief executive. Effective October, Richard Gibb will lead the Swiss investment bank's Australian franchise across investment banking ...

RBA in no rush to lift cash rate

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Investors should brace for the 1% cash rate environment to continue, after Reserve Bank of Australia governor Philip Lowe turned the spotlight to the stubborn inflation rates at a Sydney lunch yesterday. Speaking at Anika Foundation Luncheon, Lowe said ...

ASIC clamps down on opaque active ETFs

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is set to ask ASX and Chi-X to stop admitting new active ETFs that use internal market making as it mulls a review, Financial Standard can reveal. ASIC has asked all market operators to not launch any new active ETFs with internal ...

Buy time ahead for Aussie equities: Tribeca

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
Australian share investors can expect buying opportunities heading into the reporting season even though the index just hit its post-GFC high, according to Tribeca's Jun Bei Liu. The S&P/ASX 200 has climbed more than 1200 points or about 20% since the ...

HUB24 launches white label SMA

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
HUB24 has partnered with a fund manager with more than $2 billion in assets under a managed account structure to launch a new SMA solution. Elston Asset Management, a subsidiary of financial services firm Elston, has launched a private label SMA on ...

Government reduces deeming rates

KARREN VERGARA  |  MONDAY, 15 JUL 2019
... June, the Reserve Bank of Australia made the first round of rate cuts from 1.5% to 1.25%. It immediately followed with another cut in July, slashing the official cash rate to 1%. The Council on the Ageing chief executive Ian Yates said reductions in ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... many years!" But hints (threats?) of US currency intervention were offset by changed market expectations that the Fed would cut the Fed funds rate by only 25 bps at its July FOMC meeting rather than 50 bps (prompted by the sharply stronger than expected ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... confidence in June, Westpac's Consumer Sentiment Survey - conducted in the week of July 1-5 (after the RBA's second rate cut on the 2nd and the passage of the Coalition's tax cut package on the 4th) - looks worse. Australian consumer sentiment ...