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Showing 12361 - 12370 of 29100 results for "PRI"

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
"Beware the ides of March". This quote had always been imbued with a sense of foreboding because this day marked the assassination of Julius Caesar back in 44 BC. It shouldn't be for the "ides" was just the fancy way Romans termed the 15th day of March ...

Hunter Hall profit sinks as third investor enters the fray

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
Hunter Hall reported a 68% drop in statutory profit at the same time Pinnacle leapfrogged Washington H. Soul Pattinson's takeover bid and a third investor declared its intention to buy 20% of the company. John Bridgeman Limited (JBL), acting as investment ...

IOOF profits slide across all key businesses

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
IOOF reported declining profits across all key segments in 1H17, contributing to an overall 45% slide in statutory profit down to $74 million. The group's platform management and administration business took the biggest hit to underlying profit, falling ...

Long-serving Platinum portfolio manager departs

ALEX BURKE  |  WEDNESDAY, 15 FEB 2017
A portfolio manager at Platinum Asset Management will step down from his role after 15 years with the firm. Simon Trevett joined Platinum in 2002 and currently co-manages the Platinum International Brands Fund with Jamie Halse, who will now take on ...

Act like a professional to be a professional: Slattery

JAMIE WILLIAMSON  |  WEDNESDAY, 15 FEB 2017
To regain the trust of Australians the SMSF sector must maintain the standards expected and demanded of professionals and to think otherwise is delusional. Opening the 2017 SMSF Association National Conference in Melbourne, chief executive Andrea Slattery ...

British inflation quickens but still off-target

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
UK headline consumer price inflation quickened to 1.8% in the year to January from 1.6% in the previous month. While lower than the expected 1.9% increase, this is the fastest gain in consumer prices since June 2014. According to the Office for National ...

China price rises

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
If inflation was the man driver of the People's Bank of China's monetary policy, the latest update on consumer prices would not have a significant sway on interest rate direction - up or down. China's consumer price inflation accelerated to 2.5% in ...

Bump in business confidence and conditions

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
Now that's more like it. The NAB monthly business survey showed both business confidence and conditions on the rise. Unlike the seemingly inconsistent result from the December survey - where business conditions gained 4 points while business confidence ...

Challenger hails major retirement partnership

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Straight off the back of announcing record annuity sales of $2.2 billion in its half-year results, Challenger is partnering with an international investment manager to develop a global bond product for Australian retirees. The new partnership with Standard ...

WHSP throws down the gauntlet

ALEX BURKE  |  TUESDAY, 14 FEB 2017
Washington H. Soul Pattinson is aiming to beat rival contenders with an increased takeover offer for Hunter Hall. Since increasing its bid to $1.60 per share on Friday, WHSP has now matched Pinnacle's unconditional offer of $2 per share. Although this ...