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Showing 2341 - 2350 of 5917 results for "March 2003"

Brexit endangers EU asset manager passport

KARREN VERGARA  |  MONDAY, 10 JUL 2017
Australian financial services companies relying on regional headquarters in London to access the European Union - essentially 28 countries - hangs in the balance once Brexit is finalised. Statistics from the Financial Conduct Authority show about 5500 ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
The release of the minutes of the Fed's and the ECB's June meetings have brought back financial market trepidation - sparked by last week's hawkish comments from central bank heads of the US, the Eurozone and the UK - that the end of cheap money is ...

Mystery buyer for $800m Aussie bond record

EMMA RAPAPORT  |  THURSDAY, 6 JUL 2017
A single buyer has snapped up all $800 million of Australian government bonds issued by the Australian Office of Financial Management on Wednesday. It is reported to be the largest single purchase of Treasury Bonds based on auction records dating back ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
No one expected the Reserve Bank of Australia (RBA) to raise or lower the official cash rate from its current 1.5% when its board met on the 4 July, but only a few expected the Australian central bank to follow its bigger overseas peers into a more ...

Competition would save Australians millions in super fees: Deloitte

EMMA RAPAPORT  |  TUESDAY, 4 JUL 2017
Permitting the entrance of further competition in the superannuation marketplace would reduce fees by $292 million per year across 14 million MySuper accounts. A report issued by Deloitte Access Economics (DAE) finds that the facilitation of choice ...

Former AFA chief executive joins advice practice

JAMIE WILLIAMSON  |  TUESDAY, 4 JUL 2017
A former Association of Financial Advisers chief executive will assist wealth management firm Stanford Brown with its plans for expansion. Brad Fox, who resigned as AFA chief executive in March after four years in the role, will join Stanford Brown's ...

Aussie large cap funds underperforming: Research

KARREN VERGARA  |  TUESDAY, 4 JUL 2017
The large cap Australian equity market is generating the toughest returns for active fund managers in years, the latest Zenith Investment Partners research shows. In the 12 months to March the sector generated 18.1% in returns, with an average rated ...

Stronger growth sans inflation

BENJAMIN ONG  |  TUESDAY, 4 JUL 2017
As if to further underscore the current growth/inflation conundrum, today's reports show continuing strengthening momentum in the world's major economies - one that quickly followed updates on consumer prices indicating not only that inflation remains ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
Hawkish central bank speaks may have damped equity market sentiment in towards the dying days of June, but Australian equities less so - the All Ordinaries index outperformed (up 0.05% over the month) both developed market equities (down 3.17%) and ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
FoFA reforms protecting consumers against conflicting remuneration structures when purchasing wealth products should be broadened to retail banking consumers as well, according to the Finance Sector Union. Speaking at yesterday's Senate inquiry into ...