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Showing 141 - 150 of 683 results for "Spark"

Analysts await next Magellan move

KANIKA SOOD  |  TUESDAY, 9 OCT 2018
Ratings houses have taken a broadly positive view on Hamish Douglass' decision to step down as chief executive of Magellan. On October 4 Douglass essentially swapped roles with the firm's chair Brett Cairns with Cairns appointed chief executive. ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
What multiple will financial advice businesses sell at five years from now, and could implementing managed accounts boost their acquisition value? That's a question that Managed Accounts Holdings head of distribution and marketing Tony Nejasmic sparked ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
"...the next move in the OCR could be up or down". This was a fair enough hedged bet from the Reserve Bank of New Zealand (RBNZ) - more like the oft-repeated statements from other central banks saying "the risks are evenly balanced" - but Governor Adrian ...

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
We are one and we are many, and all of us don't expect any movement from the Reserve Bank of Australia (RBA) when it meets at 2.30pm today for its monthly monetary policy deliberations. Yes Virginia, RBA Governor Philip Lowe has already gone on ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
The times, they are a-changin'. After reaching a peak of 103.01 on the 23 December 2016, the Bloomberg US dollar index began its long descent before hitting a three-year low of 89.19 in February this year - a 13.4% depreciation. The US dollar has ...

Blue Sky short seller launches new fund

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
One of the men behind the US hedge fund which successfully shorted Blue Sky Alternative Investments is starting an activist investment fund of his own. Former Glaucus Research director and chief investment officer at Glaucus Investments, Soren Aandahl ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
The Fed is on track for another two more of its forward guided three interest rate hikes this year. This is the message from the just-released US CPI report for April. Despite the continued improvement in the US unemployment rate - down to 3.9% in April ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... at IAG and AMP. She has also enjoyed a long executive career, having previously held directorships with Whitehaven Coal, Spark Infrastructure, and insurance subsidiaries of Westpac. Prior to joining Suncorp she was the inaugural chairman of the Australian ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
And so it has come to pass. The US Federal Reserve did what was widely expected of it - it raised the fed funds rate target by 25 basis points to 1.5%-1.75% following its 20-21 March FOMC meeting. One sentence in the FOMC statement provides the underlying ...

REITs the saving grace on SPIVA scorecard

KANIKA SOOD  |  WEDNESDAY, 14 MAR 2018
For the second consecutive year large percentages of Australian funds underperformed their respective benchmarks across most categories in 2017, according to the S&P Dow Jones Indices Versus Active Fuds (SPIVA) Australia scorecard. S&P evaluated returns ...