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Showing 1291 - 1300 of 3227 results for "April 2012"

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... Flash Eurozone PMI for April captures all these. The IHS Markit Eurozone Composite PMI fell from 51.6 in March to 51.3 in April - less than market expectations of 51.8 and the slowest rate of expansion in three months - as the services PMI eased to a ...

Bravura raises $165m for GBST bid

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Bravura Solutions has raised $165 million as it circles financial administration services competitor GBST. Macquarie has underwritten the placement at $5.75 per share for 28.7 million shares to raise the $165 million. This represents a discount of 7.9% ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
A funny thing happened along the way to the Reserve Bank of Australia's (RBA) scheduled monetary policy meeting on May 7 and ahead of the May 18 Federal Election. While the slowing momentum in Australia's economic and survey indicators, and ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...

APRA amends member outcomes standard

KARREN VERGARA  |  THURSDAY, 2 MAY 2019
APRA has revised its member outcomes framework to complement the new Bill that passed in April and is now seeking consultation. Following the passage of Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures ...

Admin change leaves super fund members in the dark

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
Nearly a year after a $15 billion superannuation fund announced it was switching administrators, members have been left in the lurch with technical difficulties. Members of CareSuper have not been able to log into accounts, change options, turn insurance ...

Aon exits advice

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
Aon will jettison its financial advice business, and has confirmed the transfer of its Eligible Rollover Fund to AUSfund. The Australian arm of the global financial services giant announced it will sell its finance advice arm and exit its aligned adviser ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Swiss Re has agreed to take on the responsibility of designing and managing Freedom Insurance Group's customer remediation program. Freedom confirmed Swiss Re as the remediation manager, and Genus Life Insurance Services Pty Ltd as the third party to ...

Colonial First State removes funds

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Colonial First State is removing nine funds from its FirstChoice Investments menu following weak investor appetite. The removed funds include Acadian Global Managed Volatility Equity, Franklin Templeton MultiSector Bond, Milliman Managed Risk Australian ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
If not for the "bubble" - yes, bubble - that's blowing into the equity market, the US Federal Reserve's problem of continued strong growth and below-target inflation is a good problem to have. This is underscored by the latest stat updates that ...