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Showing 11171 - 11180 of 21783 results for "Dec"

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
Economic slowdown on a roll. This is the message from the latest disappointing readings from China's official manufacturing and non-manufacturing purchasing managers' indices (PMIs). The manufacturing PMI fell deeper into contraction (below 50) from ...

RBF awards $175m credit mandate

MARK SMITH  |  TUESDAY, 1 MAR 2016
Retirement Benefits Fund (RBF), the Tasmanian public sector superannuation fund, has invested US$125 million ($175.6 million) in Shenkman Capital Management's multi-strategy credit strategy. RBF chief investment officer, Dr Ian Lundy, explained that ...

BT multi asset fund gets top Lonsec rating

MARK SMITH  |  TUESDAY, 1 MAR 2016
Lonsec has upgraded the BT Active Balanced Wholesale Fund to 'Highly Recommended' - its highest possible rating. In its latest research report on the fund managed by Martyn Wild, Lonsec said the fund is "considered to be reasonably well resourced and ...

Financial services jobs at risk of automation

ALEX DUNNIN  |  TUESDAY, 1 MAR 2016
A new report released by the CSIRO predicts that 44% of jobs currently performed by Australian workers are at risk of automation, especially routine jobs within the services industry such as in the financial sector. The CSIRO report, "Tomorrow's Digitally ...

Three super funds take responsible investment gong

ALEX BURKE  |  MONDAY, 29 FEB 2016
The Responsible Investment Association of Australasia has revised its certification program, giving its highest marks to three super funds. RIAA's Responsible Investment Certification Program is designed to award investment products, super funds, dealer ...

FSC reveals six-point super plan

ALEX BURKE  |  MONDAY, 29 FEB 2016
The Financial Services Council has released its six-point plan to make Australia's superannuation system more robust. As per the FSC's statement, the first three points are: "Give every Australian saver cast-iron confidence in the system. Take it out ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

Platinum inflows boosted by increased marketing spend

MARK SMITH  |  FRIDAY, 26 FEB 2016
Platinum Asset Management's increased spend on promotion and marketing has paid off with the firm seeing a steady rise in net inflows despite facing stiff competition in the global equity space. The half-year to 31 December saw positive net investment ...

Link Group happy with Superpartners progress

MARK SMITH  |  FRIDAY, 26 FEB 2016
Link Group has reported a $4 million loss for the half-year to 31 December as a result of IPO costs but says it is seeing growth in all its revenue streams and is on track to meet its full year forecasts. The $4 million loss includes costs of $26.9 ...

EQT reveals slight profit slide

ALEX BURKE  |  FRIDAY, 26 FEB 2016
Equity Trustees has released its interim 2016 results, revealing a slight 8.6% decline in net profit after tax to $7 million. Equity Trustees chairman Tony Killen attributed this to "a number of substantial one-off projects along with the amortisation ...