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Showing 1181 - 1190 of 3397 results for "ABS"

Markets prompt adviser asset allocation review: Research

KARREN VERGARA  |  THURSDAY, 19 OCT 2017
Extreme market conditions are forcing most advisers to reassess client portfolios and consider alternative investment options, latest survey data reveals. About two-thirds (63%) of 200 financial advisers canvassed in Russell Investments' Australian ...

Bennelong subsidiary names first boutique partners

JAMIE WILLIAMSON  |  TUESDAY, 17 OCT 2017
Bennelong Funds Management's UK-based subsidiary BennBridge has launched its incubator model, entering strategic partnerships with two boutique firms. Established earlier this month by two former Schroders investment managers, Tellworth Investments ...

Advisers must provide more than financial health checks

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2017
Any financial adviser that isn't asking clients the same questions their doctor would is failing to act in the client's best interest. That is the opinion of Sydney advice firm Leading Advice managing director Katrina Haskew. She believes advisers must ...

Confidence up but will consumers shop?

BENJAMIN ONG  |  THURSDAY, 12 OCT 2017
... encouraging, it's still early to conclude that this would eventually prompt an increase in household spending. The latest ABS retail sales survey showed retail spending dropped by a bigger-than-expected 0.6% in the month of August. Worse, July's retail ...

Rising star scores major absolute return mandate

ALEX BURKE  |  WEDNESDAY, 11 OCT 2017
An asset manager established in 2016 by Credit Suisse veterans has won an absolute return mandate shortly after receiving a superior rating from SQM Research. Dalton Street Capital, led by co-founders Alan Sheen and Nick Selvaratnam, will manage an ...

Link Fund Solutions wins first client

JAMIE WILLIAMSON  |  MONDAY, 9 OCT 2017
Link Fund Solutions secured a mandate from a new small-cap boutique manager, marking the service provider's first client since rebranding. Link Fund Solutions has been appointed by QVG Capital to provide fund administration and custody services for ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
It was the surprise that wasn't. US non-farm payrolls declined by 33,000 in September and it followed an upwardly revised 169,000 gain (from +156,000) in the previous month. Sure the extent of the fall was less than market consensus for a 100,000 addition ...

Interim chief executive leaves listed advice firm

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2017
The acting chief executive of a listed financial services group will depart at the end of the year. In a statement to the ASX, Spring Financial Group announced that it has accepted the resignation of its chief operating officer and head of advice Frank ...

Time to start factoring in an RBA rate cut?

BENJAMIN ONG  |  FRIDAY, 6 OCT 2017
... continues, we could forget Westpac's outlook for steady rates through to the year 2019 too. The Australian Bureau of Statistics (ABS) retail trade report showed retail spending dropped by a bigger-than-expected 0.6% in the month of August. Worse, July's ...

Traditional funds too apathetic to super start-ups

JAMIE WILLIAMSON  |  THURSDAY, 5 OCT 2017
While the short-term impact of new players in the superannuation market might be overstated, established super funds should prepare for the long-term threat of such competition. That is the view of SuperEd chief customer officer James Coyle, who believes ...