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Showing 1101 - 1110 of 2720 results for "PIC"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
Australian consumer sentiment Although marginal and less than market expectations, the 0.3% increase in the Westpac/Melbourne Institute index of consumer sentiment to 101.4 in September from 101.0 in the previous month indicates that optimists continue ...

ECPAM wins mandate, grows investment team

MARK SMITH  |  THURSDAY, 8 SEP 2016
ECP Asset Management (ECPAM), the investment boutique set up by Hyperion Asset Management founder Dr Manny Pohl, has secured its third institutional mandate and made an addition to its investment team. Sam Byrnes has joined the firm in the newly created ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
Australia HIA new home sales Fresh data released by the Housing Industry Association (HIA) on sales of new homes has triggered concerns that Australia's housing boom is coming to an end. New home sales dropped by 9.7% -- the fastest since May 2006 - ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 26 AUG 2016
Australia managed funds The Australian Bureau of Statistics (ABS) released data showing that funds under management in the managed fund industry rose by 3.0% to A$2,721.6 billion in the June quarter from A$2,646.7 billion in the previous three-month ...

Managed accounts to disrupt fund businesses to the tune of $60bn

MICHELLE BALTAZAR  |  THURSDAY, 25 AUG 2016
The managed accounts industry is tipped to hit $60 billion by 2020, heavily disrupting traditional asset manager business models and driving the growth of financial advice groups, according to Morgan Stanley Research. In an extensive 75-page broker ...

Risk advice revenue falls 7pc in 2016

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
Risk advice revenue has dropped to the lowest point since 2013 as advisers anticipate the impacts of pending Life Insurance Framework (LIF) reforms, according to the Investment Trends 2016 Planner Risk Report. According to the report, the average adviser ...

Sentry Group slams LICG's "opportunistic attack"

ALEX BURKE  |  WEDNESDAY, 24 AUG 2016
Sentry Group chief executive and chair Murray Hills has criticised the Life Insurance Consumer Group's "attack" on the Association of Financial Advisers in an open letter. Directed to the financial services industry, the letter admitted that Sentry ...

Retiree expenditure remains modest: study

DARREN SNYDER  |  TUESDAY, 23 AUG 2016
A new study of retiree expenditure answers some myths and fears about what retirees need to live on and will help shape future superannuation policy. Research commissioned by the Australian Institute of Superannuation Trustees (AIST) and conducted by ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 23 AUG 2016
Australia demographics The Australian Bureau of Statistics' (ABS) latest "Population by Age and Sex, Regions of Australia, 2015" report showed the changes in the country's population dynamics over the past five years. Among the report's key findings ...

Flat Australian dividends help case for global diversification

MARK SMITH  |  MONDAY, 22 AUG 2016
The latest Henderson Global Dividend Index reinforces the need for Australian investors to seek income in offshore markets as Australian equities continued to produce flat dividends. Dividends in Australia fell 0.2% on an underlying basis in the three ...