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Showing 1851 - 1860 of 3265 results for "January 31"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 MAR 2016
US existing home sales The National Association of Realtors reported that total sales of previously owned houses dropped by 7.1% to a seasonally adjusted annual rate of 5.08 million units in February - more than double consensus expectations for a 3.0% ...

Not enough super users: Mercer

DARREN SNYDER  |  FRIDAY, 18 MAR 2016
Australia's retirement system is good but it could be doing better in several areas according to a modeling tool that tracks 10 of the industry's key indicators. The latest data coming from the AIST Mercer Super Tracker shows Australia's superannuation ...

MLC awards $1.4 billion global equities mandate

MARK SMITH  |  WEDNESDAY, 16 MAR 2016
NAB Asset Management's UK based investment partner, Intermede Investment Partners, has been awarded a $1.4 billion global equities mandate from MLC. The London-based boutique will manage part of the MLC global shares strategy across a number of MLC's ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
Despite deteriorating market confidence and doubts over central banks' firepower and ability to influence market moods and outcomes, the events of the past week showed that CBs are anything but powerless. The Reserve Bank of New Zealand's (RNBZ) unexpected ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
Well he tried, and he tried, and he tried but he can't get no satisfaction, oh no, no. no. For all intents and purposes, ECB President Mario Draghi over-delivered on the eagerly-awaited stimulus promised two months ago. He came in firing not with one... ...

CommInsure portfolio exec leaves for MetLife

ALEX BURKE  |  THURSDAY, 10 MAR 2016
MetLife has hired a new executive manager group insurance from CommInsure. Annette Torrington worked for CommInsure since 2007, joining as product manager, wholesale life insurance. After that she was a senior product manager, industry fund segment ...

Advisers have assets test top of mind

DARREN SNYDER  |  WEDNESDAY, 9 MAR 2016
Changes to the Age Pension assets test are top of mind for retirement-focused financial advisers according to the latest data from Challenger. Although test changes affecting Age Pension eligibility will come in to effect from 1 January 2017, Challenger's ...

ANZ ready to fight ASIC over BBSW

MARK SMITH  |  MONDAY, 7 MAR 2016
ANZ has strongly rejected allegations of rate rigging by the Australian Securities and Investments Commission (ASIC). The regulator last week launched its legal case against the bank in the Federal Court in Melbourne for market manipulation of the bank ...

Wealth forecasting engine announces Infocus as first client

DARREN SNYDER  |  MONDAY, 7 MAR 2016
Non-aligned wealth manager Infocus is launching a direct-to-consumer financial advice solution in May that will incorporate Morningstar's wealth forecasting engine and investment management services from the Morningstar-owned Ibbotson Associates Australia. ...

With pretty numbers like these, who needs a rate cut?

BENJAMIN ONG  |  FRIDAY, 4 MAR 2016
At the time of this writing, the A$ is fetching around US$0.7350 - after appreciating from US$0.7175 to US$0.7295 after the National Statistician released the Australian economy's scorecard that showed much higher growth than expected in the last quarter ...