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Showing 2381 - 2390 of 7101 results for "June 11"

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
Perhaps it's the long weekend holiday - AFL Grand Final holiday on September 28, Labour Day on October 1 - or maybe it's been out-headlined by news of the US-Mexico-Canada Agreement (USMCA). But the Reserve Bank of Australia (RBA) met as usual ...

ASIC outlines code monitoring expectations

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
The corporate regulator released guidance on the new code of ethics compliance schemes for financial advisers. The new Regulatory Guide 269 outlines the process and criteria ASIC will use in determining whether to approve a compliance scheme, as well ...

Pinnacle launches new affiliate

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Pinnacle Investment Management will launch a multi-asset affiliate with the help of a former Schroders portfolio manager. Pinnacle entered into an agreement to establish Longwave Capital Partners, an Australian equities investment management affiliate ...

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar. The NZ dollar has dropped by 6.8% versus the greenback (to US$0.6628) this year to date and ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions the ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
And so it came to pass. As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its two-day FOMC meeting on the 25th and 26th of September. US equities rallied immediately after the Fed's ...

SMSFs seek offshore diversification

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
SMSF investment in international managed funds, ETFs and direct shares continues to climb as exposure to cash and term deposits drops. Latest analysis from SuperConcepts shows allocations to international investments rose by 1.3% in the 12 months to ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... cash holdings over five months and by the end of May, the LIC had 38.5% in cash. Allocations have been up and down since June (29%), July (38.4%) and August (35.6%). WAM Capital lead co-portfolio manager Martin Hickson said the WAM Capital fund can liquidate ...

Glut of underperformance in managed funds: Research

KANIKA SOOD  |  TUESDAY, 25 SEP 2018
Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART. The researchers modelled Morningstar data for 5297 manager funds that have a track record of 10 years. They ...

DomaCom concludes Federal Court action

KARREN VERGARA  |  TUESDAY, 25 SEP 2018
Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property. Last month, the Federal Court found that the sole purpose test was not breached ...