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Showing 1591 - 1600 of 7096 results for "June 2011"

Multi-boutique adds investment firms

JAMIE WILLIAMSON  |  FRIDAY, 16 OCT 2020
A multi-boutique that launched earlier this year has added two new fund managers to its stable. Mantis Funds is now providing distribution and operations support to Gyrostat Capital Management and Terra Capital. Mantis was launched in June this year ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Northern Trust has been awarded a $19.8 billion pension fund mandate by a leading retailer, replacing a longstanding partnership with State Street. Marks & Spencer's Pension Trust appointed Northern Trust to provide asset servicing solutions, such ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Australia will have a better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing ...

Chief economist update: Money buys happiness

BENJAMIN ONG  |  THURSDAY, 15 OCT 2020
Happy consumer makes the economy grow stronger. The result of the latest Westpac-Melbourne Institute consumer sentiment survey disproves the aged-old adage that "money doesn't buy happiness". Australian consumer sentiment surged by 11.9% to a reading ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
As life insurance premiums continue to soar, industry fund Hostplus has managed to negotiate a premium freeze for members. The $48 billion super fund has secured a three-year freeze, which will maintain the current rate of death and total and permanent ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
In its annual report, APRA highlighted the success of its MySuper heatmaps initiative - despite new government reform possibly making heatmaps redundant after they were only in effect for one year. Following the Royal Commission, one of APRA's objectives ...

Financial advice more important than ever: HUB24

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
HUB24 said financial advice is more important than ever as it posts record inflows and signs close to 30 new licensees in the September quarter. Staging a $260 million bounce back after it suffered from the impacts of COVID-19, funds under administration ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

Evans Dixon to rebrand

KARREN VERGARA  |  MONDAY, 12 OCT 2020
Evans Dixon plans to rebrand and remove 'Dixon' from its name after former chief Alan Dixon severed all ties with the ASX-listed firm. Subject to shareholder approval, Evans Dixon will rebrand to E&P Financial Group and change its ticker code ...