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Showing 2251 - 2260 of 6251 results for "December 29"

Chief economist update: The trend is not our friend

BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
Looking at the Australian Bureau of Statistics' (ABS) latest update on the country's labour market, one couldn't help but exclaim that it was a wonderful set of (seasonally adjusted) numbers. The economy added another 17,500 jobs in February following ...

AMP appoints director for $130 billion business

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
AMP has dipped into its internal talent pool to find a replacement for Vicki Doyle who left in December as director superannuation, retirement and investments - a role that is responsible for AMP's $130 billion super and platform business. The bank ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
And so it has come to pass. The US Federal Reserve did what was widely expected of it - it raised the fed funds rate target by 25 basis points to 1.5%-1.75% following its 20-21 March FOMC meeting. One sentence in the FOMC statement provides the underlying ...

Pengana drives WHSP finance portfolio up 43pct

ALEX BURKE  |  THURSDAY, 22 MAR 2018
The performance of Pengana Capital Group, which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio up 43.3%. Pengana delivered a $1.9 million contribution to WHSP's net profit during the period. ...

Aussies turn to online trading in droves

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
The number of retail online investors in Australia is the highest it's been since the GFC, the latest insight from Investment Trends shows. According to a new report, 645,000 Australians placed at least one share trade last year, compared to just 640,000 ...

SMSFs continue to break with tradition

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
Investment in Australia's top 20 stocks by the self-managed superannuation sector is growing as lower returns see investors turning their back on traditional SMSF portfolio darlings. According to the latest CommSec SMSF Trading Trends Report, SMSFs ...

Industry fund adds chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 21 MAR 2018
An $8.8 billion industry superannuation fund has reintroduced a chief investment capability to its executive lineup, promoting from within to fill the role. Senior investment manager Ben Squires has been promoted to chief investment officer at NGS Super ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
The Australian Bureau of Statistics (ABS) released figures showing that the annual growth rate in Australian residential property prices continued to ease in the December 2017 quarter. The "weighted average of eight capital cities" residential property ...

IOOF replaces group head of research

KARREN VERGARA  |  TUESDAY, 20 MAR 2018
The former chief executive of Lonsec Research will join IOOF as head of research and retirement incomes in late April. Matt Olsen replaces former head of research and portfolio construction Matthew Drennan who tendered his resignation in December 2017. ...

Long-standing Djerriwarrh executive retires

KANIKA SOOD  |  FRIDAY, 16 MAR 2018
Djerriwarrh Investments Limited will soon see long-standing director Andrew Guy leave after about three decades in the job. Guy has served as a Djerriwarrh Investments director since December 1989. He has also held a spot on the company's investment ...