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Showing 1791 - 1800 of 7035 results for "December"

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... turned the yield curve positive around October of that year and continued to steepen. So much so that by the Fed's December 2019 FOMC meeting, Chairman Jerome Powell was waxing optimistic, "Our economic outlook remains a favourable one despite global ...

Charter Hall kicks off $115m raise

ALLY SELBY  |  MONDAY, 4 MAY 2020
... has ended." Following the raise, CQE has forecast that its balance sheet will be geared by 16.7%, down from 24.9% at December 31. Its cash and undrawn facilities will increase to $291.5 million. Despite the raise, the trust said its guidance for the ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... advice Australians need and what they end up receiving from super funds, pointing to ASIC's Report 639 released last December which found just 49% of the personal advice provided by 21 super funds was compliant. SCA is concerned funds will provide Australians ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
ASIC has revealed it adviser bans dropped by more than half in the second half of 2019, from 103 to 48. The figures were released in the regulator's half yearly ASIC Enforcement Update along with an outline of its enforcement strategy for 2020. However ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... Rainmaker's latest MySuper benchmarking report has seen industry funds on top for market share and performance as at December end. For MySuper products with a single investment strategy (as opposed to lifecycle products) AustralianSuper was on top. The ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... Mercantile Exchange (CME), the world's largest financial derivatives exchange added Bitcoin futures contracts in December 2017." While the SEC has blocked applications to launch Crypto ETFs in the US, one of the largest cryptocurrency asset managers ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... overall economic activity. UK annual GDP growth has slowed sharply from 2.1% pre-Brexit to 1.1% as at the end of the December 2019 quarter. But in his last meeting as Bank of England (BOE) governor in January this year, Mark Carney was waxing optimistic. ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
... initially stored in the United States for 10 years. Australia is heavily reliant on imports to meet its oil needs and, at December end, had only 55 days-worth of fuel, according to the Australian Petroleum Statistics. It has long been under the requirement ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
... 95% stake in MyPlanner Professional. ASIC imposed additional conditions on MyPlanner Professional's AFS licence in December 2017 after it purchased the advice business of MyPlanner Australia. Initially in 2017, ASIC found that MyPlanner was giving ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... the current environment". Funds under administration for the period fell $0.7 billion to $15.1 billion, down 4.6% since December 31. The platform pointed to negative movements in markets to account for a $2.1 billion, or 13.2% fall in FUA since the beginning ...