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Showing 1311 - 1320 of 4004 results for "Cut"

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Praemium inks deal with WA-based wealth manager

HARRISON WORLEY  |  WEDNESDAY, 4 JUL 2018
A West Australian wealth manager with about $1.2 billion in funds under management is Praemium's newest client. Broking and wealth management firm Hartleys will manage its client portfolios using Praemium's reporting and administration platform ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
... in the December, September and June quarters of last year, respectively. Where has Trump's US$1.5 trillion income tax cut gone? Reasons that the cuts have not yet flowed through into consumers' pockets include it was implemented only in January ...

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
K2 Asset Management is slashing the fees for its K2 Asian Fund, making it one of several funds to undergo fee restructures in the past year. From 2 July 2018, the K2 Asian Fund will charge a management fee of 1.36% as opposed to 1.54%. Performance fees ...

Chief economist update: Chinese dragon now a bear

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2018
... Bloomberg: "Investors have largely ignored government measures to support market sentiment, including a weekend reserve-ratio cut and scrutiny on the liquidation of pledged stock..." The risk is in the definition of the bear market itself. "A bear market ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... rates. Even though inflation is low, why not move to something more normal. It's not austerity - we shouldn't have cut rates the last two times. The economy wasn't weak enough to warrant it. It's just getting rates back to something more ...

BTFG adviser distribution team reshuffles

DARREN SNYDER  |  THURSDAY, 21 JUN 2018
... respective businesses, giving each business end to end control and oversight over distribution." Yesterday BTFG announced it would cut grandfathered advice commissions from October 2018. The group's advice division will still honour contractual agreements ...

Russell Master Trust COO departs

ALEX BURKE  |  THURSDAY, 21 JUN 2018
The chief operating officer of Russell Investments' Master Trust and Russell iQ platform has left the company after about 15 years. Jason Marler joined Russell in 2004 as a senior product manager before taking on his most recent role three years ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
... come June, it was no more. Could it be that the RBA has read about Financial Standard's piece " A prelude to an RBA rate cut ", published on 6 June 2018? There I observed that similar long stretches of unchanged interest rates - November 2010-October ...

BT Financial Advice cuts grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
BT Financial Advice is scrapping grandfathered commissions, effective October 2018. Commissions for products sold by financial advisers across the Westpac, St.George, Bank of Melbourne and BankSA network will no longer be paid on BT products or those ...