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Showing 1841 - 1850 of 5923 results for "March 4"

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
I have a confession to make, I was a closet "no RBA rate cut in July" speculator, going against the 'Big Four' banks and financial market expectations that it would... cut interest rates by another 25 bps at its July 2019 board meeting. So soon ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
The $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...

Clime ramps up private wealth

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
Clime Investment Management is looking to hire more financial advisers, expand its investment offering and potentially acquire advice books as it builds out its private wealth business. The 23-year-old firm managed $887 million at March end. It has ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
The G20 meeting in Osaka, Japan has come and gone. Except for the photo-op, the leaders of the G18 could all have stayed at home and nobody would have noticed. The world's attention was all about the US-China trade deal or no deal tete-a-tete. The ...

Statewide Super cans merger plans

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
Statewide Super has dumped plans to merge with Tasplan and WA Super, saying it will now pursue other opportunities. As exclusively revealed by Financial Standard in March, the $9.8 billion superannuation fund had signed a Memorandum of Understanding ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
MySuper could soon surpass self-managed super funds as the preferred retirement savings vehicle for Australians, a new Rainmaker report shows. Using the latest APRA data, Rainmaker's MySuper Report found the MySuper asset pool hit $713 billion at ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
The Reserve Bank of New Zealand (RBNZ) did as it was expected - it kept the official cash rate unchanged at a record low 1.5% at the conclusion of its June 26 meeting. Understandably, another interest rate reduction only a month after it handed out ...

Magellan renews fund administrator

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
Magellan Asset Management has renewed its fund administration agreement for another five years. Mainstream has provided administration services to Magellan since 2007. Magellan has extended the contract for the next five years with an automatic renewal ...

TCorp chair steps down

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
The chair of TCorp will retire from the board at the end of September. Philip Chronican will retire from the TCorp board, having been on a leave of absence since March this year after he was appointed to the role of interim group chief executive for ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
When the European Central Bank (ECB) concluded its Governing Council meeting on the June 6, not only had it announced to keep monetary policy settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.4% - but it ...