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Showing 1431 - 1440 of 3002 results for "February 11"

Fund administrator welcomes operations lead

JAMIE WILLIAMSON  |  FRIDAY, 9 FEB 2018
A former BNP Paribas Securities Services executive has taken on a lead operations role with a major fund administrator. Link Fund Solutions has confirmed the appointment of Justin Christopher as its head of operations. He was appointed in December 2017. ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
Now we've seen it all - the "most hated bull market in history" and the "most widely-expected correction." To wax pedantic about this, the Dow and the S&P 500's big drop on the 5 February 2018 does not even fit the technical definition of a correction ...

Robo-adviser crashes during Wall Street selloff

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
One of the largest robo-advisers in the US saw its website go offline while markets fell across the globe on February 5. Wealthfront had to issue multiple clarifications to users via Twitter after complaints reached the platform that the website was ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
"It's murder on the dance floor. You'd better not kill the groove..." - Sophie Ellis-Bextor. "Stock Market Loser Kills Brokerage Manager, Self in Shooting Rampage". This was Los Angeles Times' headline reporting about an investor going into Merrill ...

Industry fund appoints former Queensland state politician

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2018
A former deputy premier of Queensland will lead the board of a $50 billion superannuation fund after it opted to scrap its traditional means of chair selection. Replacing Ben Swan, Sunsuper has appointed Andrew Fraser as its new chair. Fraser was deputy ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
"Be careful what you wish for." It's a well-known truism in the current economic cycle that the world's major central banks (the BOE excluded) have been wishin' and hopin' and thinkin' and prayin' for inflation to climb to their target rates. It appears ...

Lazard chief executive steps down

ALEX BURKE  |  FRIDAY, 2 FEB 2018
The chief executive of Lazard Asset Management's Australian business will step down from his role on February 28. Rob Prugue announced his intention to retire from the asset management business, saying: "Retirement is bittersweet. I am appreciative ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
"Plus ca change, plus c'est la meme chose." Jean-Baptiste Aphonse Karr's immortal epigram - translated as "the more things change, the more they stay the same" - best describes the goings-on over the past 24 hours. There were no surprises at the Fed's ...

BTIM chief retires, successor named

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2018
The chief executive of BT Investment Management Australia is retiring and a former First State Super executive is taking over. BTIM Australia announced the retirement of Michael Bargholz, effective 30 July 2018, and former First State Super chief investment ...

Small advice firms face big data breach penalties

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
Small financial advice practices that breach new cybersecurity laws coming into effect next month can face penalties of up to $1.8 million. The stark warning comes from the Australian Small Business and Family Enterprise Ombudsman, which is urging small ...