Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1401 - 1410 of 5508 results for "September 30"

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

ASIC super specialist joins AIST

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
The Australian Institute of Superannuation Trustees has hired from ASIC to fill the role of head of advocacy as the incumbent joins a $53 billion industry fund. AIST has confirmed the appointment of Melissa Birks as its new head of advocacy, joining ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Challenger appoints funds management boss

KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Challenger has appointed a new chief executive for funds management after Ian Saines announced his intention to retire from the role in June. The job is going to Nick Hamilton, who has led Challenger's multi-boutique business Fidante Partners since ...

CommSec responds to sale rumours

ELIZABETH MCARTHUR  |  TUESDAY, 17 SEP 2019
CommSec is being coy about rumours Ord Minnett is poised to purchase its advisory unit. The Australian Financial Review reported yesterday that stockbroking firm Ord Minnett is planning to purchase CommSec Advisory. It reported Ord Minnett was asked ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
Freeze frame. Financial markets the world over would be in a sort of suspended animation as they await the conclusion of the US Federal Reserve's September FOMC meeting. This time, there's no "will they, won't they" question to be answered ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
Financial Standard already said its piece several days before the European Central Bank's (ECB) September 12 meeting, concluding that: "Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate ...

IFM Investors hires executive director

KANIKA SOOD  |  THURSDAY, 12 SEP 2019
The $140 billion investment house has hired from Russell Investments' institutional sales team to fill a newly-created executive director role. Nicki Ashton joined as IFM's head of Australia, global relationship group on September 3. She will ...

Chief economist update: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... sentiment survey is case in point. Australian consumer sentiment declined by 1.7% in September to a reading of 98.2 in September - pessimists outnumber optimists - from 100.0 in the previous month and has trended lower since hitting the high of 106.1 ...