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Showing 1701 - 1710 of 5515 results for "September 2005"

Managed Accounts Forum survey open

DARREN SNYDER  |  FRIDAY, 6 JUL 2018
Rainmaker research says the managed accounts market is growing three-times the rate of the regular platform market. In the lead up to the Best Practice Forum on Managed Accounts, Financial Standard is running a survey to further this industry insight. ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
HSBC Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

Pacific Current invests $95m in US firm, sells Aussie infrastructure stake

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
Pacific Current Group has acquired a 24.9% stake in a US alternative investment firm in the same week it offloaded its remaining stake in an Australian infrastructure manager. The global multi-boutique firm has invested $94.6 million in $4.3 billion ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
The Australian Banking Association has appointed Suncorp's chief executive as its new deputy chair. David Carter is taking the role from Bendigo and Adelaide Bank managing director Mike Hirst, who announced his retirement from the bank in March. "The ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
They're no mere mortals, they're three of the 10 highly-qualified and esteemed experts at the Centre for Applied Macroeconomic Analysis (CAMA) that currently sits as the CAMA RBA Shadow Board. They are Doctors Mark Crosby, Warwick McKibbin and ...

Shaw and Partners shelves managed accounts partnership

KANIKA SOOD  |  MONDAY, 25 JUN 2018
Shaw and Partners, an investment and wealth management firm with $15 billion in assets under advice, has scrapped current plans for its potential managed accounts partnership with an ASX-listed provider. In its most recent business update, Managed Accounts ...

Chief economist update: RBA not cruising for a bruising

BENJAMIN ONG  |  THURSDAY, 21 JUN 2018
"In the current circumstances, members agreed that it was more likely that the next move in the cash rate would be up, rather than down." Reserve Bank of Australia governor Philip Lowe declared this in many of his recent speeches, the statement was ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... be sure: "With American money market funds now offering yields around 2% - where 10-year Treasuries were just last September - and prospects for more Fed hikes, the bar for heading into riskier assets has been raised. Headlines on trade disputes that ...

TAL bolsters senior leadership

KARREN VERGARA  |  MONDAY, 18 JUN 2018
TAL is boosting its group life insurance business with the addition of two senior leaders to the team. Joseph Daley is now general manager of pricing and will be responsible for developing group pricing models in partnership with superannuation funds. ...