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Showing 2491 - 2500 of 7106 results for "June 2023"

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
... showed that upward pressure on consumer prices is gaining momentum. Headline inflation accelerated to 2.9% in the year to June - the fastest since February 2012 - from 2.8% in the previous month. The annual growth in the core inflation measure sped up ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
The long-term case for emerging markets in bond portfolios is still strong, even though investors have pulled out billions in recent weeks, according to Eaton Vance. Investor sentiment on emerging markets swung negative in recent weeks on concerns over ...

Boutique fund manager bolsters investment team

JAMIE WILLIAMSON  |  TUESDAY, 10 JUL 2018
A boutique fund manager has expanded its portfolio management team, welcoming a new recruit from Equity Trustees. SG Hiscock has appointed Michael Kordick as assistant portfolio manager on its SGH20 team. Kordick joins from Equity Trustees where he ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
The absence of fresh threat tweets from the US president has allowed me to take a fresh look at the US non-farm payrolls report released over the weekend. It was good. Nah, it was excellent, the stuff of every central bank's dream. US non-farm payrolls ...

Asset manager hires insto sales director

KANIKA SOOD  |  MONDAY, 9 JUL 2018
A global asset manager with more than $56 billion in Australian assets is welcoming a new institutional sales director. Legg Mason, which manages $56 billion in assets in Australia, has hired a new institutional sales director from another asset manager. ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
... took comfort in another solid US employment report - non-farm payrolls increased by a much higher than expected 213,000 in June - without a corresponding increase in wages - average hourly earnings grew by a less than expected 2.7% - suggesting a less ...

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
While there are Dover financial advisers that have managed to transition elsewhere in recent weeks, latest ASIC data shows hundreds of advisers will be without a licensee when the disgraced AFSL shutters today. Rainmaker analysis of ASIC's Financial ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
Mercantile OFM is moving towards the acquisition of all shares in a private equity-focused listed investment company (LIC). In an announcement to the ASX, IPE directors unanimously recommended shareholders accept the offer in the absence of a superior ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
The banking and financial services Royal Commission has unearthed the unethical practices and incentives of life insurers selling policies over the phone at the expense of the most vulnerable customers living in remote communities. ASIC Indigenous Outreach ...