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Showing 1861 - 1870 of 3265 results for "January 1"

Legg Mason Martin Currie Real Income Fund added to Asgard

MARK SMITH  |  WEDNESDAY, 2 MAR 2016
The Legg Mason Martin Currie Real Income Fund has been added to Asgard's eWrap platform. The Real Income Fund aims to provide an attractive income stream with natural inflation protection by investing in a blend of A-REITs, listed infrastructure and ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
Economic slowdown on a roll. This is the message from the latest disappointing readings from China's official manufacturing and non-manufacturing purchasing managers' indices (PMIs). The manufacturing PMI fell deeper into contraction (below 50) from ...

NZ Super announces merger mandate

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
The New Zealand Superannuation Fund has marked its first foray into merger arbitrage by appointing global investment manager Ramius for a US$200 million ($280m) mandate in the asset class. Ramius is the alternative investment management business of ...

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
Latest euro area inflation data released by Eurostat has all but ensured that ECB President Mario Draghi will make good on his 21 January promise to "...reconsider our monetary policy stance at our next meeting in early March" aka increase policy stimulus. ...

Tail risk hedging works for industry fund

DARREN SNYDER  |  MONDAY, 29 FEB 2016
Vision Super has reassured local councils the $7.5 billion fund has protected its defined benefit (DB) members from share market downturns thanks to a tail risk hedging strategy. Vision Super chief investment officer Michael Wyrsch said management of ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
... the economy - is earning higher income and spending it. Personal income increased by a greater than expected 0.5% in January - the most since June last year. Personal spending also went up by a stronger than expected 0.5% in January - the fastest since ...

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
ASIC has accepted an enforceable undertaking (EU) from ACE Insurance following an investigation into one of its divisions, Combined Insurance. Under the EU, ACE Insurance is required to appoint an independent expert to review Combined's compliance systems ...

Consumer (un)confidence

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2016
"Consumers' short-term outlook grew more pessimistic, with consumers expressing greater apprehension about business conditions, their personal financial situation, and to a lesser degree, labor market prospects. Continued turmoil in the financial markets ...

A negative sum game

BENJAMIN ONG  |  MONDAY, 22 FEB 2016
Last week was a happy one for equity markets with most benchmark indices registering sharp gains at the end of five days of trade. Is it now safe to go back in the waters? Or a dead cat bounce? It happened not so long ago, you know -- when the rebound ...

Global market slide hits NZ Super Fund

ALEX BURKE  |  FRIDAY, 19 FEB 2016
The New Zealand Super Fund has released its performance report for January 2016, revealing a negative 3.57% return. The $28 billion sovereign wealth fund attributed this return to its weighting to growth assets - in particular its 65% allocation to ...