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Showing 2311 - 2320 of 6939 results for "% December"

MYEFO sees bond issuance drop

ALEX DUNNIN  |  TUESDAY, 18 DEC 2018
The Federal Government's revised Budget figures reveal a sharp reduction in the deficit and a 26% reduction in required bond issuance for this financial year. "Treasury bond issuance for the year is now expected to be around $52 billion compared with ...

Portfolio implementation delays costing investors

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
The speedier implementation of portfolio changes enabled by managed accounts can have a significant impact on investors' wealth, latest Lonsec analysis shows. Citing responsiveness as a key benefit of managed accounts, Lonsec measured the hypothetical ...

Chief economist update: The clown in the White House

BENJAMIN ONG  |  TUESDAY, 18 DEC 2018
It's hard not to agree with US President Donald Trump's latest tweet: "It is incredible that with a very strong dollar and virtually no inflation, the outside world blowing up around us, Paris is burning and China way down, the Fed is even considering ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
The employment contract of Freedom's new chief executive includes a $200,000 pay increase if he can secure the firm a life insurance licence. Former TAL general manager Sean Williamson began his tenure as chief executive of Freedom on 14 December. ...

Chief economist update: Is there a bear in there?

BENJAMIN ONG  |  MONDAY, 17 DEC 2018
It may not be Play School - yes, I was watching this Australian TV kiddie show when the kids were growing up - but the Australian Financial Review (AFR) and Bloomberg's now talking about the grizzly. "The S&P 600 small cap index fell into a bear ...

ANZ Australia head to depart

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
ANZ's group executive for Australia is stepping down and taking an extended career break to spend time with family. Fred Ohlsson has announced he will be returning to his native Sweden following 17 years' at the bank. Current group executive, business ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
The European Central Bank (ECB) delivered on its promise. While it kept interest rates unchanged - repo rate at 0%; deposit facility rate at -0.4%; marginal lending facility rate at 0.25% - at its December 13 Governing Council meeting, it also confirmed ...

Centrepoint pulls out of NEOS Life

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
Centrepoint Alliance will no longer back life insurance startup NEOS Life, requesting its investment be repaid in full sooner than originally agreed to. In line with its recent strategy refresh, a review of Centrepoint's assets and interests determined ...

Schroders hires former Hunter Hall portfolio manager

KANIKA SOOD  |  THURSDAY, 13 DEC 2018
The global manager with $39 billion of Aussie investor money has added to its Sydney-based investment team, including a former Hunter Hall portfolio manager. Schroders is welcoming Sebastian Mullins as a portfolio manager on the multi-asset team. Also ...

Mercer names senior investment consultant

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
Mercer has made a senior appointment that will help grow its investment consulting business. Rebecca Jacques joins as a senior investment consultant in the Institutional Wealth Pacific team. Jacques is the former general manager of the Australian Goals ...