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Showing 1331 - 1340 of 2958 results for "August 2007"

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
Thank goodness Australia doesn't celebrate Thanksgiving Day - there won't be anything to give thanks for when it comes around next week. While we're at it, Santa Claus may not be coming to town either. I'm not in a "Grinchy" mood today, it's just the ...

Australian business conditions gone gangbusters

BENJAMIN ONG  |  WEDNESDAY, 15 NOV 2017
Say what? "Business conditions hit an all new high in October, although leading indicators suggest the possibility of some pull-back in coming months. The business conditions index jumped by an impressive 7 points in October, to +21 index points, which ...

SSGA sales head lands top job, successor named

DARREN SNYDER  |  TUESDAY, 14 NOV 2017
The head of managed fund sales at State Street Global Advisors in Australia is relocating to the US headquarters in Boston for a senior role. Starting in the new year, Amy Johnston will lead a sales team across the Americas servicing corporates, endowments ...

Nikko AM enters SMA partnership

JAMIE WILLIAMSON  |  TUESDAY, 14 NOV 2017
Nikko Asset Management is partnering with a $26 billion Australian wealth firm to deliver an innovative, multi-manager separately managed account solution. Through its recently acquired affiliate Ark Invest, Nikko AM is introducing the Nikko AM-ARK ...

WAM enters the fray for Molopo takeover

ALEX BURKE  |  THURSDAY, 9 NOV 2017
Wilson Asset Management, via WAM Capital, has submitted an off-market takeover proposal for Molopo Energy, following similar contested proposals from Keybridge Capital and Aurora Funds Management. WAM Capital is seeking all ordinary shares in Molopo ...

Westpac sells $12bn asset manager

ALEX BURKE, DARREN SNYDER  |  MONDAY, 6 NOV 2017
Westpac has entered into an agreement with a UK firm to sell its infrastructure manager subsidiary. Subject to due diligence and regulatory approvals, Northill will acquire Hastings Funds Management. The terms of the agreement are currently confidential. ...

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
Financial markets got what they wished for from the world's three biggest central banks that met last week. The Bank of Japan (BOJ), the Fed and the Bank of England (BOE) all delivered as expected but not without help from the repeated and reiterated ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
The Bank of England (BOE) did what it said it would do -- it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised ...

Fed does the expected, will do as expected

BENJAMIN ONG  |  THURSDAY, 2 NOV 2017
It was the event that wasn't. This event, of course, is the US Federal Reserve's 31 October - 1 November FOMC meeting. The Fed's forward guidance is the same as it was in the 20 September FOMC statement when it announced that it would initiate its balance ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... this one (if it comes). A solid labour market - the unemployment rate was at a 42-year low of 4.3% in the three months to August - and above target inflation - headline CPI at 3% in September, core at 2.7% - dictates that it should proceed with interest ...