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Showing 2431 - 2440 of 4774 results for "July 8"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
Australia leading index The Westpac-Melbourne Institute Leading Index of Economic Activity inched up by 0.1% in July, partially reversing the previous month's 0.2% fall. More important, the six-month annualised growth rate in the index - indicating ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2016
... energy prices (food prices were flat). Core consumer prices - excluding food and energy - increased by 0.1% month-on-month in July - the slowest gain since March - after rising by 0.2% in the previous month. The latest figures take the annual US headline ...

Schroders joins exchange-quoted managed fund game

MARK SMITH  |  TUESDAY, 16 AUG 2016
Schroders has joined Magellan, K2 Asset Management and AMP Capital in launching an ASX-quoted version of one of its managed funds. The Schroder Real Return Fund (Managed Fund) is based on the firm's successful Real Return CPI Plus 5% fund - which at ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 16 AUG 2016
Empire State manufacturing survey Factory activity in the New York region softened in August with the Empire State manufacturing index falling to a reading of minus 4.21 in the month from 0.6 in the previous month and expectations for a 2.5 print. While ...

AAT upholds ASIC adviser ban

KERRIE SYDEE  |  FRIDAY, 12 AUG 2016
The Administrative Appeals Tribunal (AAT) has upheld a decision to permanently ban a Sydney finance broker. Shiv Sahay of Lidcombe NSW, was permanently banned from providing financial services and engaging in credit activity following an ASIC investigation ...

Magellan full year profits up 14%

MARK SMITH  |  THURSDAY, 11 AUG 2016
Magellan Financial Group has seen its net after tax profit increase 14% to $198.4 million in the last financial year. Funds under management rose 11% to total $40.5 billion at 30 June with 83% of assets in global equities and 17% in infrastructure equities. ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 11 AUG 2016
Australian consumer confidence The Westpac-Melbourne Institute consumer sentiment index rebounded by 2.0% in August after declining by 3.0% in July. More importantly, at a reading of 101.4, optimists outnumbered pessimists this month. Not surprisingly ...

BUSSQ sees C-suite expansion

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
Queensland industry superannuation fund BUSSQ has confirmed it will undergo a C-suite expansion from October as part of its strategy to split the chief executive and chief investment officer roles. BUSSQ chief executive David O'Sullivan confirmed he ...

Keybridge chair resigns as Wilson calls for Hastings fund overhaul

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
Keybridge Capital's chair has resigned at the same time Wilson Asset Management has called for the Keybridge-managed HHY Fund to get a new responsible entity. Bill Brown was an independent non-executive director on Keybridge's board since 2012. He was ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2016
... rose by 2.1% in the year to June. China CPI inflation The annual rate of consumer price inflation in China eased to 1.8% in July (as expected) from 1.9% in the previous month. This is the lowest reading since January this year (1.8%) and remains below ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
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