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Showing 1191 - 1200 of 2953 results for "August 5"

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
Saudi Arabia and Russia weren't pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... geopolitical risks." Fortunately, Japanese inflation is heading in the right direction - headline up 1.3% in the year to August (from 0.9% in the previous month) and core inflation up 0.9% from 0.8% in July. Ben Ong is the Director of Economics and Investments ...

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit. Funds SA has appointed Mercer Sentinel to advise on the tender process. The manager has invited seven custodians to submit ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
A listed investment company has secured a 25% stake in a cryptocurrency issuance platform. First Growth Funds (FGF) invested US$285,000 in FutureICO, an initial coin offering platform that helps companies to issue tokens and digital currency. As part ...

Former Macquarie advisers banned

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
Two former Macquarie financial advisers received ASIC bans for dishonest conduct, including deliberate attempts to mislead the institution's compliance team. Mark Alexander Landau and Marcus Roderick Campbell have both been banned from providing financial ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
ASIC has commenced civil penalty proceedings against ANZ for its involvement in an alleged criminal cartel relating to a $2.5 billion institutional share placement in August 2015. ASIC alleged ANZ failed to notify the ASX that $791 million of the $2.5 ...

Contrarian manager enters super sector

DARREN SNYDER  |  MONDAY, 17 SEP 2018
Operating and investing in Australia for more than a decade, a contrarian asset manager is introducing superannuation and retirement investment solutions to the local market. White-labelling the OneVue wholesale platform, Allan Gray Australia is offering ...

Chief economist update: China shares inclusion in MSCI is a blessing and a curse

BENJAMIN ONG  |  MONDAY, 17 SEP 2018
Three months and a few days ago, the inclusion of China's A-shares into MSCI indexes got investors all excited. 1 June 2018 marked the day when Morgan Stanley Capital Index (MSCI) included Chinese A-shares into its benchmark MSCI Emerging Markets ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
Et tu, Brute? The Australian version of the Shakespearean drama, Julius Caesar, that saw Prime Minister Malcolm Turnbull politically assassinated (and replaced with the Federal Treasurer Scott Morrison) in the dying days of August may have played a ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...