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Showing 1291 - 1300 of 4334 results for "FIG"

Lost super campaigns have much further to go

MARK SMITH  |  TUESDAY, 21 JUN 2016
Despite engagement campaigns by numerous super funds helping members unearth lost super, $13.5 billion across 1.289 million accounts still remains in limbo, according to figures released by Westpac. In its 2016 Westpac Lost Super Report, the bank said ...

Brexit fears trigger UK fund exodus

MARK SMITH  |  FRIDAY, 17 JUN 2016
Assets in the UK's asset management industry have fallen by nearly £200 billion ($383 billion) to £900 billion ($1.72 trillion) during the past year, as a result of the concern about a British exit from the EU. According to figures from global funds ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
US Fed monetary policy decision No one expected the Fed to alter monetary settings this month - and they didn't - primarily due to the disappointing May employment report released in early June - and it was, "Information received since the Federal Open ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 15 JUN 2016
US retail sales A solid and faster than expected increase in US retail spending in May suggests that, perhaps, the Fed was correct in dismissing the highly disappointing May non-farm payrolls report as just "noise". Overall retail sales expanded for ...

Altius adds industry veteran to advisory committee

MARK SMITH  |  TUESDAY, 14 JUN 2016
Fixed interest specialist Altius Asset Management has appointed a senior industry figure to its investment advisory committee. Former Perpetual Investments group executive Michael Gordon, who has also held global chief investment officer roles at Fidelity ...

FTSE Russell launches "green revenue" model

ALEX BURKE  |  TUESDAY, 7 JUN 2016
Index provider FTSE Russell has launched a low carbon energy (LCE) data model which tracks the "green revenues" of companies comprising 98.5% of total global market cap. The goal of the new model is to give each listed entity a low carbon industrial ...

Swiss say no to universal basic income

MARK SMITH  |  TUESDAY, 7 JUN 2016
Swiss voters have overwhelmingly rejected a proposal to give their entire population enough money to live on. A projection provided to the public broadcaster RTS said 78% had voted against the scheme, which would see all Swiss citizens, along with foreigners ...

More winners than losers in super budget measures: ASFA

ALEX BURKE  |  FRIDAY, 3 JUN 2016
More Australians will benefit from the new superannuation measures announced in the Budget than be negatively affected by them, according to Association of Superannuation Funds of Australia figures. ASFA prepared the research to "inform the debate," ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
Australia retail sales Australian retail sales slightly missed market expectations for a 0.3% increase in April, growing by 0.2% over the month after rising by 0.4% in March. While a big component of household spending - which, in turn, accounts for ...

Retirees face deflationary conundrum

DARREN SNYDER  |  THURSDAY, 2 JUN 2016
Retirees' cost of living reduced in the first three months of 2016 but it doesn't mean they are necessarily any closer to achieving adequate retirements. The Association of Superannuation Funds of Australia has released its Retirement Standard quarterly ...