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Showing 1251 - 1260 of 4003 results for "Cut"

ETF issuer hires Olympian

KANIKA SOOD  |  FRIDAY, 23 NOV 2018
An ETF issuer has hired a former Olympian as it expands its team. ETF Securities is welcoming Larry Achike to its business development team. The British athlete finished fifth in the 2000 Sydney Olympics and seventh in the 2008 Beijing Olympics. He ...

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
... Rate of Interest" by Dallas Fed president Robert Kaplan (published late last month) appears to justify the 3% rate. I've cut pasted his chart showing the real level of interest rate below: Note that, three measures converge around the real rate at ...

Chief economist update: The money is one Fed rate hike next year

BENJAMIN ONG  |  MONDAY, 19 NOV 2018
The tug-o-war between the bulls and the bears continues on Wall Street as 2018 draws to a close. Whether this state of affairs - or better yet, resolved one way of another (up or down) - depends primarily on the end game of the on-going trade stoush ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptic of compliance and legal risks of the technology, according to a new Baker McKenzie report. Baker McKenzie surveyed 355 financial services leaders ...

ANZ launches underwriting engine to market

KARREN VERGARA  |  THURSDAY, 8 NOV 2018
... complete personal statements 30% faster. ANZ chief of underwriting Peter Tilocca said the number of medical questions has been cut from 38 to 11. What used to take 25 minutes has been reduced to 15 minutes from start to finish. Entering this project ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
The last time we talked about oil, prices were surging and reaching for the skies. Crude oil price started to take off roundabout April this year after OPEC announced that its production cuts - starting on the 1 January 2017 and supposed to last for ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... ongoing China-US trade dispute were key factors weighing on sentiment at the start of the fourth quarter." The recent draft tax cut proposal (slated to take effect in January next year) should help revitalise domestic demand but the China-US trade dispute ...

Chief economist update: Americans who want work will find it

BENJAMIN ONG  |  MONDAY, 5 NOV 2018
Financial markets expect the US Federal Reserve's FOMC meeting this week (7-8 November) to be a ho-hum event. In fact, the CME FedWatch Tool puts the probability of the Fed keeping the fed funds rate at 2-2.25% at 92.8% - almost a sure "no change" ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ...

Real return funds underperforming

KANIKA SOOD  |  TUESDAY, 30 OCT 2018
... multi-asset funds as real return managers winded down their equities exposures. Latest Zenith research found real return funds cut their Aussie equities allocations from 13.6% in December 2016 to 4.5% in June this year, as stock valuations shot up and ...