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Showing 1451 - 1460 of 4546 results for "October"

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently banned from providing financial advice. ASIC said that following his conviction ...

Meet the Sydney boutique beating Magellan's returns

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... Investment Management was set up in 2017 by Stephen Arnold and runs just one fund, which delivered 31.1% in the year to October end. This puts its one-year performance ahead of global equities competitors Hyperion Asset Management which tops three and ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... and responsibilities, which contributed to the bank's systemic problems with sales practices misconduct from 2002 until October 2016", with fines for the eight former employees amounting to US$58.5 million. "The misconduct of these individuals allowed ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... rate cut... and then lifted back up again. The November stats showed the unemployment rate falling to 5.2% from 5.3% in October, there were more jobs added in total (relative to December) and both full-time and part-time employment gained. In comparison ...

Chief economist update: Australians all let's not rejoice

BENJAMIN ONG  |  THURSDAY, 23 JAN 2020
... sentiment fell to 96.5 points, rose to a reading of 100.0 before starting to slide again to 98.2 in September and 92.8 in October. The RBA's October rate reduction failed to lift sentiment enough to lift the index above 100 -- or where optimists ...

Light on horizon for global economy

ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
... diminished fears of a no-deal Brexit, leading to some retreat from the risk-off environment that had set in at the time of the October WEO." "However, few signs of turning points are yet visible in global macroeconomic data." It was not all positive ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... retail sales stabilised at 8.0% in the year to December from November, following a slowdown to a six-month low of 7.2% in October. These have all been captured by China's PMI indices. The Caixin China composite PMI eased to a reading of 52.6 in December ...

Cbus head of advice launches firm

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
... models of delivering advice. Greg Harper led Cbus's head of advice and retirement for over six years, before leaving in October last year following an internal restructure. Harper is back with his own firm, called the Financial Advice Services Institute ...

Whitehelm grows social infrastructure assets

HARRISON WORLEY  |  FRIDAY, 17 JAN 2020
... the deal represents Pioneer's first "bolt-on acquisition" since the firm was acquired by the infrastructure manager in October. Whitehelm senior investment director and acting Pioneer chief executive Wessel Schevernels said the firm was pleased with ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... "Activity in Japan declined sharply following the impact of Typhoon Hagibis and the increase in the value-added tax (VAT) in October last year. The economy is also suffering from acute weakness in manufacturing and exports, particularly those to China ...