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Showing 1241 - 1250 of 2961 results for "August 2010"

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
Just as expected, the Fed's 31 July-1 August meeting was a non-event - keeping the fed funds rate unchanged at 1.75%-20% - but it did give the US central bank a platform to gloat about the US economy. "Information received since the Federal Open ...

BNP Paribas AM sells Arnhem stake, appoints new investment manager

JAMIE WILLIAMSON  |  WEDNESDAY, 1 AUG 2018
BNP Paribas Asset Management has sold its 40% stake in Arnhem Investment Management ahead of the fund manager's closure, with the Arnhem Australian Equity Fund to be transferred to a specialist wholesale investor. On July 27, the fund's responsible ...

Chief economist update: At the core-core of it

BENJAMIN ONG  |  TUESDAY, 31 JUL 2018
Financial markets could have a brand new worry (or not) depending on the outcome of the Bank of Japan's (BOJ) monetary policy meeting that's due to conclude this day. The 30-31 July meeting is particularly significant given last week's flare-up ...

NRMA chair links with asset manager

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
The chairman of NRMA has been appointed to the board of a $25 billion international equities manager. Platinum Asset Management is welcoming Tim Trumper to its board, with the NRMA chairman set to begin his tenure as a non-executive director at Platinum ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
Boom! That's the sound of the US economy popping up to an annualised rate of 4.1% in the second quarter of 2018, up from an upwardly revised 2.2% (from 2%) expansion in the first quarter. While this is in line with market expectations, it's ...

Former Australian Unity executive joins advice licensee

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
A financial advice dealer group has added its third former Australian Unity executive this month. Former Australian Unity Personal Financial Services chief executive Steve Davis has joined Infocus Wealth Management in the newly created role of chief ...

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
MLC will cease deducting general financial advice fees from its MasterKey Personal Super products after admitting it did not clearly communicate to members they could opt out of the service. About 305,000 MasterKey Personal Super (MKPS) members will ...

Credit Suisse promotes private banking specialist

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
Credit Suisse appointed a new head of private banking Australia, promoting from within. Currently market leader at Credit Suisse Private Banking Australia, Michael Marr will lead the business from August 1. He replaces Alex Wade who, since January 2017 ...

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
Financial advisers will need to complete 50 hours of continuing professional development under new proposals from the Financial Adviser Standards and Ethics Authority. Releasing its draft guidance on CPD, FASEA is proposing the number of hours advisers ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...