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Showing 1261 - 1270 of 3876 results for "August"

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... the funds currently accounting for US$92.1 billion of assets under management, overseen by 449 hedge fund managers as of August 2019. "Proximity to the fast-growing economy of China, availability of highly-trained talent base, as well as robust regulatory ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... incomes as more permanent and therefore, would spend more. Likewise, the unemployment rate has declined to 5.2% from 5.3% in August (although this is partly a function of the fall in the participation rate from 66.2% to 66.1% in September). As we've ...

Count Financial bolsters team as part of transition

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... CountPlus. The Commonwealth Bank sold Count Financial to CountPlus for $2.5 million, finalizing the sale at the end of August. John Corcoran has now stepped into the position of executive manager, professional standards at Count Financial. Corcoran was ...

YouTube fundie ousted, flagship fund to be wound up

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... issues since June this year, when Woodford famously issued a tearful YouTube apology to investors whose money was frozen. In August, Link extended the suspension. It said at the time the WEIF was likely to remain suspended until December. Link said in ...

ASIC using intimidation tactics on grandfathering: AIOFP

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
... due to the impact the end of grandfathering will have on BOLR valuations particularly since AMP's policy changed in August. "BOLR changes are all based on grandfathered commissions being wiped out from the start of 2021," Johnston said. "If we can ...

Grandfathered commissions ban passes

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... Laws Amendment (Ending Grandfathered Conflicted Remuneration) Bill 2019 was first introduced to parliament at the start of August and passed both houses on 14 October 2019. The Financial Services Council was one of the first to welcome the new law, saying ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... The report shows that after contracting by 0.2% in the June quarter, GDP grew by 0.4% in the month of July and 0.1% in August. While inflation has eased - headline CPI at 1.7% in the year to August; core at 1.5% - it remains closer to target compared ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... one law firms, we believe Corrs meets the criteria our members wanted," AMPFPA chief executive Neil Macdonald said. In August this year, the AMPFPA surveyed its members as to the appetite for pursuing legal action; more than 93% of respondents indicated ...

mFunds crack $1 billion, PIMCO dominates

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
... (PMFO3), Melbourne boutique SG Hiscock's ICE fund (SHF02) and Bennelong's ex-20 Aussie equities fund (BAE03). In August, mFunds total assets came close to $1 billion but ended the month at $991 million. By September end, they had crossed the ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... (+6.6% from +7.4%). Fortunately, household spending had been holding up well - retail spending rose by 1.9% in the year to August aided by a 1.9% lift in real wages over the same period or a result of forward purchases ahead of the consumption tax hike ...