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Showing 1591 - 1600 of 5515 results for "September 2005"

ETPs attracting money despite volatility

KANIKA SOOD  |  TUESDAY, 13 NOV 2018
October's volatility wiped out $1.4 billion from Australian exchange-traded products but investors continued to pour in record-levels of new money, according to VanEck. The ETP industry was $41.9 billion strong at September end but October's volatility ...

Super ESG options can outperform

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
The average ESG investment option offered by Australia's superannuation funds outperformed the average MySuper default product in the 12 months to 30 September. Rainmaker analysis shows 68 super funds currently offer a total of 639 ESG investment options ...

Platypus distribution director departs

KANIKA SOOD  |  THURSDAY, 8 NOV 2018
The distribution director at Platypus Asset Management has left for a role at Fidante as the former reviews its distribution options. Mark Hearne was responsible for Platypus' institutional, family office and private wealth sales for two-and-a-half ...

Chief economist update: As safe as Australian houses?

BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
Christian Szell: Is it safe? Babe: Yes, it's safe, it's very safe, it's so safe you wouldn't believe it. Christian Szell: Is it safe? Babe: No. It's not safe, it's... very dangerous, be careful. This is that immortal dialogue ...

Westpac admits it didn't take FoFA seriously

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
Westpac said while implementing the Future of Financial Advice reforms, it did not embed strong enough controls and record-keeping to police fee-for-no-service advice. The admission was made in the bank's annual sustainability report released today ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
The last time we talked about oil, prices were surging and reaching for the skies. Crude oil price started to take off roundabout April this year after OPEC announced that its production cuts - starting on the 1 January 2017 and supposed to last for ...

October volatility sours investor outlook

KARREN VERGARA  |  TUESDAY, 6 NOV 2018
October's share market volatility has dampened investor confidence and many are expressing cynical outlooks for 2019 not seen since the Global Financial Crisis, latest Investment Trends insight shows. About 2100 retail investors canvassed in Investment ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... expanded by 3.4% in the year to the second quarter (the fastest in six years) and the unemployment rate dropped to 5.3% in September (also the lowest in six years) - and negative inflation indications - all CPI measures fell below the low end of the ...

Asset manager shutters two funds

KARREN VERGARA  |  MONDAY, 5 NOV 2018
A $310 billion asset manager has closed two of its actively managed Australian equity funds. The Nikko AM Australian Share Value Fund and Nikko AM Australian Share Fund were terminated on 21 September 2018. Nikko Asset Management Australia said the ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Westpac reported a flat net profit of $8 billion with increased remediation provisions and legal costs weighing on the group's cash earnings. The group recorded a 1% increase in net profit year-on-year to $8.095 billion for the 12 months to September  ...