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Showing 1181 - 1190 of 2953 results for "August 7"

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
Perhaps it's the long weekend holiday - AFL Grand Final holiday on September 28, Labour Day on October 1 - or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual ...

Fidelity cuts management fees

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
Fidelity international has dropped the management fee on two of its funds. Fidelity's Global Emerging Markets fund and Global Equities Fund will charge a management fee of 0.99%. This reduces fees by 0.31% for the global emerging markets fund and 0.16% ...

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
SMSF stock darling Tesla Inc. is set to see a board revamp after Elon Musk settled a tweet-led securities fraud charge with the US corporate regulator. Last week, the Securities and Exchange Commission charged Musk with securities fraud over his August  ...

Elon Musk charged with securities fraud

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Elon Musk's tweets about taking Tesla private have seen him charged with securities fraud by the US regulator. The Securities and Exchange Commission is also seeking court approval to stop Musk from serving as an officer or a director of a public company. ...

Blue Sky refunds $4.1m overcharge

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Blue Sky is refunding more than $4.1 million to investors for incorrectly charging fees mainly across its wholesale private real estate and private equity fund. The fees, Blue Sky said, were charged in an "inconsistent" manner to what was stated in ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar. The NZ dollar has dropped by 6.8% versus the greenback (to US$0.6628) this year to date and ...

Boutique manager expands research team

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
A boutique founded last year by a former Evans & Partners head of equity has appointed a senior investment analyst. Aoris Investment Management is welcoming Swati Reddy to its investment team. Reddy was an equities analyst at CLSA in Sydney for seven ...

WDE board pushes for takeover

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Wealth Defender Equities is urging its shareholders to accept WAM Capital's takeover bid. WDE non-executive directors, comprising Paul Clitheroe, Richard Morath and chair Alan Schoenheimer, said they have carefully considered the offer and recommended ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... and by the end of May, the LIC had 38.5% in cash. Allocations have been up and down since June (29%), July (38.4%) and August (35.6%). WAM Capital lead co-portfolio manager Martin Hickson said the WAM Capital fund can liquidate 88% of its portfolio into ...