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Showing 2161 - 2170 of 10358 results for "Close"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
Wall Street benchmark equity indices closed on the up and up on May 7 - the Dow and the S&P 500 index even rallied new record highs -- the same day the US Bureau of Labor Statistics (BLS) revealed disappointing labour market stats. The US economy added ...

Canadian pension giant, real estate manager in JV

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
... investment manager has entered a joint venture with a UK real estate investment firm to develop a logistics portfolio valued at close to $2 billion. Together, the Public Sector Pension Investment Board (PSP Investments) and Bridge Industrial will acquire ...

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
As expected, the Bank of Japan's (BOJ) monetary policy board decided to keep current settings unchanged at its April meeting. Ever the optimist, the BOJ summarised its view in its "Outlook for Economic Activity and Prices (April 2021)" report, saying ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... loser in this growth story will be unit trusts, according to Dyall, which have already been suffering yearly net outflows of close to 1% per annum. "Rent seeking behaviour" could be of concern, Dyall said, as unit trusts suffer and ETPs become more popular. ...

Russell adds to senior leadership

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
Russell Investments has named a longstanding Goldman Sachs managing director as its global chief investment officer and appointed a president from Morgan Stanley to oversee sales and support. Kate El-Hillow spent over 16 years at Goldman Sachs Asset ...

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Evergreen Consultants has launched a multi-asset portfolio with 18 external managers that is implemented via Generation Life's tax-effective structure. The Evergreen Responsible Growth Model is a tax-effective investment bond that will target a ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
More than half of superannuation members surveyed by MLC reveal they are taking their retirement savings more seriously and are watching the stock markets more closely than ever. About 53% of the 1004 participants that took part in the survey said they ...

Hamilton Wealth Partners co-founder leaves

KANIKA SOOD  |  FRIDAY, 30 APR 2021
Melbourne advice firm Hamilton Wealth Partners' co-founder and chief operating officer has left the business after eight years. Ian Gillies was also a partner and a financial adviser. He leaves as he heads into semi-retirement at the age of 64. His ...

Chief investment officer departs Mutual Trust

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
The multi-family office Mutual Trust has appointed a new chief investment officer following the departure of Graeme Bibby. Bibby, who was chief investment officer at Mutual Trust for more than four years, has left the business. A spokesperson for Mutual ...

Grant Thornton sells private wealth division

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
Grant Thornton Australia has sold its private wealth business to its senior team members. The small private wealth team consists of Jon Black, Joanne Kenderes and Laura Perresini. They are the majority owners of Oreana Private, aligned with dealer group ...