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Showing 1581 - 1590 of 4757 results for "July 1997"

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
As widely expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.0% at its September meeting. Operative phrase: "as widely expected". You, I and Irene can wax pedantic about some changes in RBA governor Philip Lowe's ...

First carbon neutral super fund named

KRISTI CHENG  |  TUESDAY, 3 SEP 2019
The Federal Department of Environment and Energy has certified a $50 billion superannuation fund as Australia's first carbon neutral fund. HESTA is the first super fund to be certified carbon neutral for emissions produced from its operations. Chief ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
"A significant degree of monetary stimulus continues to be necessary to ensure that financial conditions remain very favourable and support the euro area expansion, the ongoing build-up of domestic price pressures, and, thus, headline inflation developments ...

UBS Asset Management drops fees

KANIKA SOOD  |  MONDAY, 2 SEP 2019
UBS Asset Management has reduced the management fees and indirect costs on three multi-asset funds which together have over $530 million in assets. UBS's Tactical Beta Fund range started in 2012 and invests in a range of asset classes, including ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans. VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors China AMC CSI ...

Chief economist update: This land is ours

BENJAMIN ONG  |  MONDAY, 2 SEP 2019
... Kong PMI survey point to continued deterioration in the SAR. The HK PMI dropped from a reading of 47.8 in June to 43.8 in July - the fastest rate of deceleration since March 2009 and the 16th straight month slowdown. As per IHS Markit: "The survey is ...

Melbourne boutique winds down funds

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
An Aussie equities boutique founded by Citigroup Australia's former equities heads is winding down its funds after its family office backer withdrew support. ARCO Investment Management's David Colman and Peter Whiting ran two long-short Aussie ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
It's rare for two economists to have a meeting of minds (you all know the economists' jokes), but I'm happy to read Jason Murphy's - an economist. He is the author of the new book Incentivology and an article on news.com.au entitled ...

Adviser of the Year named

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
The AFA Adviser of the Year for 2019 has been crowned at a gala dinner in Adelaide overnight. The Association of Financial Advisers has awarded its highest honours, presenting the Adviser of the Year, Female Excellence in Advice, Excellence in Education ...