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Showing 1601 - 1610 of 6477 results for "September"

BT shuts down two funds

KANIKA SOOD  |  THURSDAY, 7 NOV 2019
... the two funds, Advance Global Property Fund was managed by Principal Global Investors Australia and was terminated in September. The Advance Asian Shares Multi-Blend Fund was managed by TT International and Wellington and was terminated at the end of ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... qualitative easing (QQE) with negative interest rates (in January 2016) and expanded further to "with yield curve control" in September of the same year. Since then, it's let its mouth do the policy adjusting - or in the vernacular, verbal intervention. ...

Chief economist update: RBA holds but for how long?

BENJAMIN ONG  |  WEDNESDAY, 6 NOV 2019
... the trend deceleration in annual retail sales growth from a peak of 6.2% in 2014 to 2.2% by August 2017 and 1.6% in September of the same year. And that was before the trade war and the slowdown in global growth momentum, among others. Two and a bit ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... line with market expectations, they remained below the RBA's target - headline ticked up by 1.7% in the year to the September quarter; trimmed mean steadied at 1.6%; weighted median decelerated to 1.2%. Although the unemployment rate eased to 5.2% ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... expectations for just an 89,000 gain and the unemployment rate remained near September's 50-year low of 3.5% in September to 3.6% last month. These positive reports came just two days after the US Federal Reserve cut interest rates down another 25 ...

ASIC, MLC Nominees and NULIS in court

ELIZABETH MCARTHUR  |  MONDAY, 4 NOV 2019
... timetable to advance proceedings in the case at the start of October 2018. A case management conference was held on 19 September 2019.

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... firm's businesses, including adding more sub-plans to its superannuation offering. Xplore's quarterly results for September reported group funds under administration were up 4.2% to $14.987 billion. Don Sharp, who was acting chief executive prior ...

Macquarie wealth fees income down 14%

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
Macquarie bank's income from wealth management fees fell 14% in the six months to September end compared to the same period last year, while the bank pivots its advice business to focus on high-net-worth clients. Macquarie collected $144 million ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
... updated since the Fed's October 31 assessment and rate cut. The headline PCE inflation eased to 1.3% in the year to September from 1.4% in the previous month; the core PCE price inflation rate decelerated to 1.7% from 1.8% over the same period. Not ...

Advice group chief executive to depart

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... Australia Asset Management as manager, premier adviser service. Profile has grown steadily under Abood's leadership. In September the group announced the acquisition of Parramatta-based risk practice Orion and earlier this year it grew its presence in ...