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Showing 1631 - 1640 of 3232 results for "April 2016"

Bennelong's BennBridge opens its doors

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
Bennelong Funds Management's named the leadership team heading up its recently launched London-based subsidiary. Established in November 2016, BennBridge is led by chief operating officer Greg Thomas who was formerly the managing director of Visium ...

Industry fund appoints two directors

EMMA RAPAPORT  |  TUESDAY, 16 MAY 2017
An industry superannuation fund appointed two directors to its board, continuing its customer-centred focus on strategy, innovation and technology. Deirdre Wroth, a banking and wealth management executive with 28 years of experience, has been appointed ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
"Three steps and a stumble" is an old market adage that foretells of a drop in the US equity market after the Fed's third interest rate hike. This is turning out to be a doozy so far - the Fed already completed rate hike number three on 15 March 2016 ...

No 'Plan B' for Brexit "twist and turns"

BENJAMIN ONG  |  FRIDAY, 12 MAY 2017
There were no surprises at the Bank of England's (BOE) 11 May decision to keep the Bank Rate where it was since August 2016, when it was lowered from 0.5% to 0.25% to contain the fallout from the 'Brexit' vote of the previous month - a decision that's ...

Super reform impacts AMP results

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2017
AMP attributed increased net cash outflows in its first quarter results to Australians readying themselves for incoming superannuation reforms. The institution recorded an 11% increase in wealth management inflows year on year to $6.4 billion, but was ...

Japan rides the virtuous cycle

BENJAMIN ONG  |  THURSDAY, 11 MAY 2017
... reversed course, resuming its weakening trend versus the US dollar - down 4.2% from the five-month high reached in mid-April - but remains 2.3% stronger against the greenback to date. The historically strong inverse correlation between the Japanese share ...

UniSuper chairman steps down, successor appointed

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
UniSuper chairman Chris Cuffe is stepping down from the board after six years at the helm of the $60 billion fund. "My time at UniSuper has been dynamic and very fulfilling, and I wish the board and executive team continued success in the future," he ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... and mainly driven by higher employment and profitability conditions. The business confidence jumped 7 points to +13 in April - the highest level since September 2010. Elevated business confidence and conditions are showing up in rising advertisements ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... this is broadening still. And while there's a bit of slowing in China - manufacturing and services sector PMI declined in April - they remain in expansion territory. Governor Lowe's statement about the Australian outlook says: "The Bank's forecasts for ...

Fund managers on fixed income recruitment drive

ALEX BURKE  |  FRIDAY, 5 MAY 2017
Both AMP Capital and Vanguard are ramping fixed income capabilities with new hires and job listings. On April 26, Andrea Jaehne joined AMP Capital as senior credit analyst, financials. She reports to acting head of credit Steven Hur, and will focus ...