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Showing 2171 - 2180 of 7101 results for "June 11"

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...

New chief executive at Evans Dixon

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Evans Dixon has appointed a new chief executive after the incumbent stepped down in June to focus on an under-performing US fund. The ASX-listed wealth and advice firm this morning announced Peter Anderson, who joined the board as an independent non-executive ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
The strong US non-farm payrolls report - employment grew by 224,000 in June, beating expectations for a 160,000 gain and a sharp rebound from the 72,000 added in the previous month - failed to remove or even reduce the odds for a Fed rate cut this month. ...

Sydney advice firm loses AFSL

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
A Sydney financial advice firm has had its AFSL cancelled by ASIC after an initial suspension period. ASIC earlier put Australasia Wealth Services and Management in suspension saying the firm had failed to obtain membership of the Australian Financial ...

Vanguard American ETFs cross US$1 trillion

KANIKA SOOD  |  THURSDAY, 4 JUL 2019
Vanguard's exchange-traded funds in the United States crossed US$1 trillion in total assets last month after dominating the inflows. Vanguard had eight funds in the top 10 for inflows on the day the issuer surpassed US$1 trillion, according to ETF.com. ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
A boutique fixed income manager is trying to placate investors over its bets on potentially risky corporate bonds issued by companies owned by a European financier. H20 Asset Management invested in unrated bonds issued by companies related to billionaire ...

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 ...

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 ...

CountPlus transfers SMA management

KANIKA SOOD  |  MONDAY, 1 JUL 2019
CountPlus has offloaded the investment management of its SMA platform solution as it aims to rid itself of product conflicts. The Privilege Managed Account is a separately managed accounts platform made up of seven model portfolios. These were offered ...