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Showing 2211 - 2220 of 5518 results for "September 2006"

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings. Hedge funds represent about 2.8% of NYCER's total US$51.2 billion ($65.9 billion). Hedge funds have faced ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 APR 2016
Australia employment Lead indications from the AiG performance of manufacturing index and the NAB business survey pointed to a sharp improvement in Australian employment growth in March. The employment component of the AiG performance of manufacturing ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 APR 2016
Australia housing finance The number of finance home loan approvals increased by 1.5% in the month of February, less than market expectations for a 2.2% lift but marks a strong rebound from the previous month's 4.4% decline. A 3.0% jump in the number ...

Lifestage funds outperform early

DARREN SNYDER  |  TUESDAY, 12 APR 2016
Differences in the performance trends of MySuper single investment strategies and MySuper lifecycle products are beginning to emerge according to the latest Rainmaker research. Rainmaker recently combined the quarterly returns of both MySuper investment ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 APR 2016
Australia housing finance The number of finance home loan approvals increased by 1.5% in the month of February, less than market expectations for a 2.2% lift but marks a strong rebound from the previous month's 4.4% decline. A 3.0% jump in the number ...

Bond king left midnight resignation letter

MARK SMITH  |  WEDNESDAY, 6 APR 2016
Bill Gross's 43-year career with PIMCO ended with a handwritten resignation note left "in the middle of the night," according to a new court filing from the fixed income giant. The 'bond king', as he is known, left PIMCO's Newport Beach office for the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 APR 2016
Australian retail sales Retail spending showed no change in the month of February. This is lower than market expectations for a 0.4% lift, marking the third month in a row of disappointing retail sales - up 0.3% in January versus expectations for a ...

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
ASIC has placed a six month suspension on Melbourne-based Allegianz's Australian Financial Services Licence (ASFL) for failing to comply with a number of key obligations. In a statement the regulator said that Allegianz had failed to lodge auditor reports ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 APR 2016
Australia private sector credit The A$ has weakened slightly after climbing to a nine-month high of US$0.7723 overnight. But at the latest exchange of US$0.7667, it remains 5.0% higher than its level at the start of 2016 and 11.7% up from this year's ...

International pension fund creates stewardship group

DARREN SNYDER  |  THURSDAY, 24 MAR 2016
One of the world's largest pension funds has established a "Stewardship Enhancement Group" as part of an obligation it sees to increase understanding of responsible investment principles. Japan's Government Pension Investment Fund (GPIF) recently created ...