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Showing 1391 - 1400 of 4461 results for "October"

Charlie Aitken resigns from Contango

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... financial year. So far in FY2020, the fund has had negative returns for two months running. Fortunes turned slightly in October with a positive return of 0.37% followed by 6.03% in November. Ken Poutakidis was appointed to the Contango board on the same ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... Even our very own Reserve Bank of Australia (RBA) cut the official cash rate three time this year - in June, July and October - to a fresh record low of 0.75%. Whether or not these policy decisions are sufficient to reverse the slowing momentum in global ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
... Fixed asset investment growth steadied at 5.2% in the January to November period to CNY53.4 trillion from the January to October period this year. While growth in fixed asset investment remains the weakest reading on record, the latest stats matched ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... including "depression, anxiety, panic attacks... or any other mental or nervous condition" when she took out the policy in October 2013. ASIC said the letter TAL used to inform the customer of the claim's voidance "asserted" the customer had breached ...

Pendal family office lead moves to boutique

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... distribution head Aidan Kelleher left the company. Saunders is not the only one to leave Pendal for Regal in recent months. In October, Rebecca Fesq left as Pendal's head of client experience and direct after five years in the role to join Regal ...

The dark horses of Aussie shares funds

KANIKA SOOD  |  FRIDAY, 13 DEC 2019
... plague active managers, here are the names of the Aussie shares funds that managed to beat the S&P/ASX 200 in the year to October. The 12 months to October were particularly bad for active managers. As the S&P/ASX 200 delivered 19.3%, the median manager ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... latest missive at the conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome Powell was full of optimism. "Our economic outlook remains ...

Best performing global equities strategies

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... stronghold on 10-year returns but a small Sydney boutique has quietly taken the lead on one-year basis with 31% returns to October end in the latest Morningstar institutional survey. Magellan is the undisputed best performer on a 10-year basis, returning ...

AMP welcomes former PwC partner

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... from the board at the conclusion of the 2020 annual general meeting in May. Varghese has been serving on the board since October 2016 and during his tenure has held positions as non-executive director on the boards of AMP Bank and AMP Capital Holdings ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... (NAB) latest Business Survey report shows business conditions remained unchanged at a reading of +4 in November (from October) but business confidence fell to a reading of zero, negating October's two-point increase to +2. The survey was conducted ...