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Showing 1221 - 1230 of 2997 results for "February 11"

Boutique fund manager drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2019
A boutique funds management group is reducing the management fees on one of its signature funds. Premium China Funds Management is dropping the management fee on its Premium Asia Fund by 45 basis points. This will sit alongside the removal of the performance ...

Chief economist update: Iron ore up or iron ore down?

BENJAMIN ONG  |  TUESDAY, 12 MAR 2019
Iron ore prices are going to go up. Iron ore prices are headed lower. Iron ore prices will go up and then head down. These are the different forecast permutations on the outlook for iron ore. Here's a quick sampling of the Australian Financial Review's ...

Australian Unity names equity origination head

KARREN VERGARA  |  MONDAY, 11 MAR 2019
A new head of equity origination is joining Australian Unity's wealth and capital markets business. Brad Watson joined in February as head of equity origination for property. He is responsible for developing and executing product and sales strategies ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
"The fact that the climate has become more uncertain doesn't mean one has to stay put - you do what you think is right... In a dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario ...

Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
As expected, the Reserve Bank of Australia (RBA) did nothing to monetary policy after the conclusion of its second board meeting this year. It kept the official cash rate at a record low, predicated on the same rationale it put forth at its February  ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
The "Year of the Pig" is turning out to be what it signifies - prosperity, good fortune and success. This is no truer than from the land the 12 animal signs of the lunar calendar zodiac originated - China. This is against consensus expectations that ...

Freedom Insurance misses reporting deadline

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
Freedom Insurance Group has failed to file FY19 interim results and its shares remain suspended. The embattled firm provided an update on its financial position to the ASX overnight, stating it is "unable to provide an accurate estimate of when the ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
The Reserve Bank of India is full of surprises. When financial markets expected it to raise interest rates, it didn't. When everyone expected interest rates to remain steady, it cut. Recall that back in October 2018, the RBI surprised markets by ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
MLC is switching its default superannuation product from single strategy to lifestage. It's also increasing its allocation to growth assets. MLC MySuper currently has a 70% allocation to growth assets like stocks, property and infrastructure and ...