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Showing 2171 - 2180 of 5924 results for "March 4"

BlackRock confirms iShares delisting timetable

KANIKA SOOD  |  FRIDAY, 11 MAY 2018
BlackRock has laid out options for iShares ETF investors to liquidate their holdings, reconfirming it will suspend the trading of five products from the ASX in about a month. On May 3, BlackRock said it was pulling five iShares products from the Australian ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... The slowing trend in growth in consumer prices has made it less pressing. Headline CPI declined to 2.5% in the year to March - the slowest since March 2017 - from 2.7% in the previous month. Similarly, the core inflation rate slowed to a one-year low ...

Pendal sees 70% boost in performance fees

ALEX BURKE  |  THURSDAY, 10 MAY 2018
Pendal Group, formerly BT Investment Management, heralded a 70% boost in performance fee revenue in the six months to March 31. This represents $47.6 million in performance fees, along with an 18% boost in base management fee revenue to $247.9 million ...

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
Contango Asset Management is reducing the cash allocation in its listed income fund, aiming to have 95% of its net tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Application fees increase for tax advisers

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Increased funding for the Tax Practitioners Board will be offset by an increase in application fees for tax practitioners, including financial advisers. The Government said it would provide $20.1 million over four years from 2018-19 so as to assist ...

Regtech scores deal with US bank

KANIKA SOOD  |  MONDAY, 7 MAY 2018
Sydney and Ireland based regtech Kyckr has signed a five-year data licensee agreement with a US bank, under which the bank will have access to 200 regulated primary sources of corporate intelligence across 120 territories. The un-named bank will be ...

BTFG reports first half earnings growth

HARRISON WORLEY  |  MONDAY, 7 MAY 2018
Westpac's wealth management and insurance arm yielded $1.2 billion in revenue in the six months to 31 March 2018, an increase of 5% on 2H17. Overall BT Financial group added $404 million in cash earnings to Westpac Group's interim results, with the ...

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
The Argentinian central bank lifted interest rates, a move intended to stem the sharp and rapid depreciation of the Argentine peso and by extension put downward pressure on inflation. Whoa! Fret not whether the Fed is going to raise interest rates by ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show. Macquarie Wrap and Vision held $82.5 billion in funds under management, jumping 14% from the previous ...