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Showing 1251 - 1260 of 3270 results for "January 1 2014"

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
US consumers aren't shopping till they drop. They dropped spending. The US Census Bureau's latest update on retail spending - which constitutes the bulk of household spending that, in turn, accounts for about 70% of the US economy - showed that ...

K2 posts losses, signs on distributor

KANIKA SOOD  |  THURSDAY, 14 FEB 2019
K2 Asset Management has signed a new distribution agreement for its funds as the business posted close to $560,000 in after-tax losses for the six months to December 31. Principals Funds Management will distribute K2's funds. The company specialises ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
Macquarie Group is expecting its FY19 results to outstrip last year's results by up to 15%, and has made three key appointments. This means it could post $3.9 billion in profits when it announces FY19's full-year results in early May. "While the impact ...

Former Macquarie advisers have bans reduced

JAMIE WILLIAMSON  |  TUESDAY, 12 FEB 2019
Two former Macquarie financial advisers that were banned for 10 years for falsifying client records have had their penalties substantially reduced by the Administrative Appeals Tribunal. Mark Alexander Landau and Marcus Roderick Campbell were banned ...

State government awards super fund mandate

KARREN VERGARA  |  MONDAY, 11 FEB 2019
The Northern Territory Government and Public Authorities' Superannuation Scheme (NTGPASS) awarded Statewide Superannuation a new mandate, replacing AustralianSuper. Statewide will manage the default superannuation of new government employees. From ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
Citing Sean Taylor - DWS chief investment officer for Asia Pacific and head of emerging market equities - Financial Standard editor, Darren Snyder, penned a report titled, "Asia, emerging markets to lead in 2019" last week. "Speaking at the Financial ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
"Growth rates for many of the euro area economies have been marked up, especially for Germany, Italy, and the Netherlands, reflecting the stronger momentum in domestic demand and higher external demand. Growth in Spain, which has been well above potential ...

ETP provider fined for misleading promos

JAMIE WILLIAMSON  |  THURSDAY, 7 FEB 2019
The provider of Australia's first exchange-traded bonds has been slapped with ASIC fines totalling more than $25,000 for making misleading statements online. Australian Corporate Bond Company, provider of XTBs, has paid $25,200 in penalties for making ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
The Royal Commission's recommendations to cull commissions are causing advisers some concern, according to Synchron director Don Trapnell. On Monday, Commissioner Kenneth Hayne formally recommended an end to grandfathered commissions, and asked government ...