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Showing 1451 - 1460 of 4374 results for "Press"

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
A retiree body that was set up before the Sydney Harbour Bridge was built shutters its doors this year - in a clear sign of the times. The Superannuated Commonwealth Officers' Association, established in 1923, had 50,000 members at its peak. But ...

International equities rule Aussie ETFs: Vanguard

HARRISON WORLEY  |  MONDAY, 14 JAN 2019
International equities dominated exchange-traded fund cash flows in 2018, according to Vanguard. Citing latest ASX figures, Vanguard said cash flows into international equities ETFs dominated in 2018, with more than $3.1 billion flowing into international ...

Global iShares lead promoted, successor named

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... Larry Fink. The market anticipates Wiedman is being lined up as a potential successor to Fink, according to international press reports. Wiedman has led the iShares and index investing businesses since 2011. He first joined the fund giant in 2004 to ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
The Productivity Commission reinforced several recommendations flagged in mid-2018 in a bid to modernise the $2.7 trillion industry, which included shaking up the default sector. The Commission handed down 31 recommendations in its final report in assessing ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
I hear ya! US Fed Chairman Jerome Powell had already come out declaring something along these lines at his first outing for 2018. Still, it's more comforting to have all the members of the Federal Open Market Committee (FOMC) put their imprimatur in ...

Hiring continues but wage growth under pressure

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
The Royal Commission inquiry and the state of the property market has not dampened the financial services sector's positive hiring intentions over the next three months, recruitment firm ManpowerGroup says, but there are challenges. The finance, insurance ...

WestConnex among largest infrastructure deals in 2018

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
The WestConnex Motorway ranked among the largest infrastructure projects by deal size globally in 2018, latest Preqin data shows. Backed by the Abu Dhabi Investment Authority and a consortium that includes AustralianSuper and Transurban, the $9.26 billion ...

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
The European Central Bank (ECB) delivered on its promise. While it kept interest rates unchanged - repo rate at 0%; deposit facility rate at -0.4%; marginal lending facility rate at 0.25% - at its December 13 Governing Council meeting, it also confirmed ...