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Showing 12451 - 12460 of 29100 results for "PRI"

From strength to strength

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
It may be difficult to swallow latest survey data but President Trump's reflationary agenda has brought out the animal - animal spirits that is - among US manufacturers. This is the indication from the just-released Markit Flash US Manufacturing PMI. ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
After a takeover bid from Washington H. Soul Pattinson seemed all but destined for success, a new player has entered the race for Hunter Hall. Following Hunter Hall founder and chief executive Peter Hall's shock resignation in December, and his sale ...

AAT upholds adviser appeal against ASIC

EMMA RAPAPORT  |  TUESDAY, 24 JAN 2017
The Administrative Appeals Tribunal upheld an appeal by Tony Davidof, a former Macquarie Equities accredited derivatives adviser, against the Australian Securities and Investments Commission. In 2015, ASIC banned Davidof from providing financial services ...

Westpac fortifies commitment to data protection

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
Pointing to an increased focus on cybersecurity, Westpac increased its stake in a Canberra-based data security specialist. Westpac now holds a 16% stake in QuintessenceLabs, a 5% increase that will assist the quantum cybersecurity service provider in ...

Challenger names fixed income head

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
Challenger will welcome a head of fixed income from Aberdeen Asset Management. Current Aberdeen head of fixed income for Asia Pacific, Victor Rodriguez will join Challenger in April to lead its fixed income portfolio capabilities for Challenger Life ...

Brexit beginning to bite?

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
Latest data show that UK retail spending dropped big time in December. Total retail sales declined by 1.9% over the month of December following a 0.1% decrease in the previous month. This much sharper than market expectations for a 0.1% dip and is the ...

Happier euro consumers

BENJAMIN ONG  |  TUESDAY, 24 JAN 2017
Don't worry, be happy. Preliminary estimates show that the Directorate General for Economic and Financial Affairs (DG ECFIN) consumer confidence indicator for the euro area improved to a reading of -4.9 in January from -5.1 in the previous month. While ...

Former Fidelity chief joins boutique manager

DARREN SNYDER  |  MONDAY, 23 JAN 2017
Boutique fund manager Supervised Investments named its new chief executive this month, a former Fidelity Investments Australia chief executive and managing director. Joining in November 2016, Supervised Investments' new chief executive is Michael Ohlsson. ...

SQM backs active Indian equity fund

ALEX BURKE  |  MONDAY, 23 JAN 2017
An actively-managed Indian equities fund received a "superior" rating from SQM Research. India Avenue Investment Management's India Avenue Equity Fund, which launched in September 2016, is domiciled in Sydney and benefits from research expertise both ...

Super playing dangerous risk game: Milliman

ALEX BURKE  |  MONDAY, 23 JAN 2017
The long-term investment horizon favoured by superannuation funds is putting Australia's ageing population at risk, according to a new Milliman paper. The paper argues that the priority on long-term net returns highlighted in the Productivity Commission's ...