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Showing 2381 - 2390 of 5924 results for "March 4"

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
If Monsieur Benoit Coeure's - member of the executive board of the European Central Bank (ECB) - recent comments are any indication, don't expect any changes in ECB monetary policy settings anytime soon. Coure told his audience at a conference at the ...

Azimut investment play gets Lonsec approval

ALEX BURKE  |  TUESDAY, 23 MAY 2017
The Australian asset management arm of Azimut Holdings, AZ Sestante, recently had one of its first Australian products rated by Lonsec. AZ Sestante operates as the responsible entity for the Sestante Australian Small Companies Fund, managed by Azimut ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...

SMSFs in rebalancing flurry

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
Benefit payments for self-managed superannuation fund members jumped by 71% in the March quarter, indicating a last-ditch effort to re-adjust balances head of the July 1 legislative changes to super. SuperConcepts' survey of 2750 SMSFs shows the average ...

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
Banking and financial services giant Barclays Capital has agreed to refund $97 million to clients for misrepresenting services and overcharging advisory and mutual fund fees. An investigation by the US Securities and Exchange Commission found Barclays ...

Two Victorian advisers cop bans

KARREN VERGARA  |  TUESDAY, 16 MAY 2017
Two former AMP Group-aligned financial advisers copped temporary bans from ASIC for operating without an AFSL and providing inappropriate advice. ASIC's investigation found MySuperMan director David Heycock and employee Stuart Arnold-Levy provided unlicensed ...

Housing is cooling

BENJAMIN ONG  |  TUESDAY, 16 MAY 2017
... February. The lead from the statistician's building approvals report - total building approvals down 19.9% in the year to March - suggests further weakness in housing finance in the coming months. More so, when the latest round of the Australian Prudential ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
... 10-year US Treasuries closed at 2.33% last week - a 30 basis point stumble from this year's high of 2.63% recorded on 13 March (a day before the Fed's 14-15 March FOMC meeting that concluded with the announcement of the third rate hike in the current ...

Cuffe takes stake in Lennox small-cap fund

ALEX BURKE  |  WEDNESDAY, 10 MAY 2017
Chris Cuffe's Third Link Growth Fund will provide seeding for a new small-cap strategy established under Challenger boutique network Fidante Partners. Lennox Capital Partners' Australian Small Companies Fund is available to retail and institutional ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
The Commonwealth Bank of Australia reported a strong quarterly performance, according to a trading update released to the ASX. Assets under management rose by 6%, while funds under administration increased by 7% in the three months to March compared ...