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Showing 2411 - 2420 of 6939 results for "% December"

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
The former chief executive of the Association of Financial Advisers believes a practical trade-off is required in order for the Financial Adviser Standards and Ethics Authority to meet its "mutually exclusive" goals for increasing industry professionalism. ...

AFA seeks overhaul of proposed education standards

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
The Association of Financial Advisers is seeking significant changes to the Financial Adviser Standards and Ethics Authority's draft education standards, including calls for experienced advisers over 55 to be subject to more lenient requirements ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
Houston, we're on target. The US Income and Outlays account released last Friday showed that US inflation as measured by the US Federal Reserve's favoured gauge - the core PCE price index - is now smack bang where the Fed wants it, rising by ...

Former Magellan research head joins boutique

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Former Magellan portfolio manager and head of research Nikki Thomas is joining a boutique manager. Thomas is joining Alphinity Investment Management as a global portfolio manager. The firm is partly owned by Challenger's boutique business Fidante. ...

BNP Paribas wins $378bn admin mandate

KARREN VERGARA  |  FRIDAY, 29 JUN 2018
BNP Paribas Securities Services won a €240 billion ($378bn) fund administration mandate from a global asset manager. DWS - formerly Deutsche Asset Management - will transfer its fund administration unit to BNP Paribas Securities Services, which is ...

Chief economist update: It's always slow in America in Q1

BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Aussie fund manager drops fees

KARREN VERGARA  |  WEDNESDAY, 27 JUN 2018
K2 Asset Management is slashing the fees for its K2 Asian Fund, making it one of several funds to undergo fee restructures in the past year. From 2 July 2018, the K2 Asian Fund will charge a management fee of 1.36% as opposed to 1.54%. Performance fees ...

AZ NGA merges embattled advice firm

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
AZ Next Generation Advisory confirmed Henderson Maxwell will merge with Pride Advice following Sam Henderson's exit from the financial advice industry. A spokesperson for AZ NGA said Henderson Maxwell clients have been informed the practice has ...