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Showing 131 - 140 of 1087 results for %22late April%22

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... growing by 2.7% this year - up from 2.3% it forecast it December - and 1.3% in 2022 - up from 1.0%. Similarly, the IMF's April 2021 "World Economic Outlook' report sees Japan's economy growing stronger - 3.3% in 2021 and 2.5% in 2022-compared ...

VGI appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
... was appointed to the role by the board of VGI Partners, which is chaired by Robert Luciano. The appointment is effective April 12. Howie headed BlackRock's Australian business from 2011 to 2018 and left for the role of head of index equity, Asia ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... before resuming its downward trend that, in turn, prompted the RBA to cut the official cash rate in succession from 4.75% in late 2011 to 1.5% in 2016. If the IMF's latest projections are correct, Australia's CPI inflation wouldn't reach ...

Chief economist update: Positive feedback loop

BENJAMIN ONG  |  TUESDAY, 6 APR 2021
... reading marks the 10th consecutive month of above-50 reading in the index - indicating expansion - after contracting in April (41.6) and May (45.4) last year. Wait, there's more! The Services PMI report showed not one, not two, but all of the 18 ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... a slower pace". The services PMI eased for the third month in a row to a reading of 51.5 in February - the lowest since April 2020 - and the manufacturing PMI fell a third month to a nine-month low of 50.9 in February 2020. The survey blames "the domestic ...

Dexus plans merger with AMP Capital fund

ELIZABETH MCARTHUR  |  TUESDAY, 16 MAR 2021
... must vote in favour of the plan. Unit holder meetings for both funds to vote on the merger are expected to be held in late April 2021. Responding to Dexus' announcement, AMP Capital said it has put a different proposal forward. It did not reveal what ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... two million members and $200 billion in assets." The two industry funds floated the possibility of a merger in 2019. In April 2020, the funds confirmed the planned merger will be delayed, owing to difficulties in conducting due diligence while staff ...

NGS strengthens ESG, ups fees

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... with 200,000 members, largely workers from independent schools and Catholic schools. The merger is expected to be finalised late in early 2022. The fund has notified members that there may be some changes to investment options as the merger is comple ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... wound up by ASIC. The regulator stepped in to stop Mayfair 101 and Mayfair Platinum promoting the M+ and M Core Notes in April 2020. ASIC took particular issue with the fact that the debenture products were being marketed using Google AdWords phrases ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... market is the unexpected decision by the OPEC+ oil producers to extend its oil production cuts by another month to the end of April. Clearly, the global economy is past its worst, which is good news for oil. But as the International Energy Agency (IEA) ...