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Showing 1441 - 1450 of 3037 results for "EIG"

GFC recovery only tentative

DARREN SNYDER  |  THURSDAY, 23 JUL 2015
Global markets should be asking themselves whether they should have done better in recovery almost eight years after the global financial crisis (GFC), according to Aberdeen Asset Management head of fixed income Nick Bishop. Speaking at a recent Australian ...

Capital Group chairman passes away

MARK SMITH  |  THURSDAY, 23 JUL 2015
James Rothenberg, the chairman of active investment management giant Capital Group, has died at the age of 69. Rothenberg, who recently celebrated 45 years with the company, suffered a heart attack on 21 July. He served in a variety of leadership positions ...

Fund managers take cover behind cash sandbags

MARK SMITH  |  THURSDAY, 16 JUL 2015
Fund managers have ratcheted up their cash positions to levels not seen since before the financial crisis, the latest global survey from Bank of America Merrill Lynch shows. The July numbers show that cash levels have soared to an average of 5.5%, up ...

Industry funds embrace board independence

LAURA MILLAN  |  MONDAY, 13 JUL 2015
Top industry funds have embraced the proposal to introduce a third of independent directors to their boards and see it as an opportunity to add skills and improve governance. Despite opposition from Industry Super Australia (ISA), at least three of ...

Market to open lower

AAP  |  THURSDAY, 9 JUL 2015
The Australian market looks set to open lower after Wall Street slumped on worries about China and Greece in a session that was overshadowed by a lengthy outage at the New York Stock Exchange due to technical problems. At 0800 AEST on Thursday, the ...

Chexit, Checcident and Chimbo

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2015
Chexit, Checcident, Chimbo OlA(C)! OlA(C)! OlA(C)! A$ down... and the RBA didn't even have to lift a finger. Yes Virginia, it didn't happen overnight but it did happen. The A$ broke below US$0.74 (US$0.7398) last night - the first since mid-2009 - despite ...

ME Bank invests $90 million for a digital future

DARREN SNYDER  |  FRIDAY, 3 JUL 2015
Industry super fund-owned ME Bank recently completed a $90 million digital transformation allowing it to analyse big data. ME Bank is now also able to offer new variable home loans among other functions, including the ability to analyse big data, delivering ...

Australian market opens higher

AAP  |  THURSDAY, 2 JUL 2015
The Australian share market has begun trading in the new financial year with gains with investors appearing happy to take a break from the recent sell-offs. The Greek debt crisis is not yet resolved but hope remains of a resolution with talks with Eurozone ...

Australian shares up on first day of fin year

AAP  |  WEDNESDAY, 1 JUL 2015
The Australian share market has begun trading in the new financial year with gains with investors appearing happy to take a break from the recent sell-offs. The Greek debt crisis is not yet resolved but hope remains of a resolution with talks with Eurozone ...

Australian shares lower at midday

AAP  |  TUESDAY, 30 JUN 2015
Australian shares opened slightly lower but moved higher in choppy trade following Monday's carnage when $40 billion was wiped off the share market. There were heavy falls in US and European markets overnight, particularly the latter, due to the economic ...