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Showing 241 - 250 of 1396 results for "Fallen"

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... government's response to the recommendation to end grandfathered conflicted remuneration, and said it was "disappointing, having fallen short on consumer protection." "While the new law puts a stop to financial advisers charging fees-for-no-service ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
... 10% over the next 12 months. At June end this year, it held about 16% of the company. Challenger's share price has fallen from over $10 per share at November end 2016 to $6.69 at Friday's close. MS&AD was asked in a FY19 Q&A call on August 7 ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... FTSE-100 index continues to produce a positive return (7.7%) this year-to-date - supported by the weak currency - it has fallen by 5.6% from its 2019 high, recorded a few days after Boris Johnson assumed office as UK Prime Minister on July 24. The only ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... expectations - the yield differential between 10-year US Treasuries and Treasury Inflation-Protected Securities (TIPS) has fallen to their lowest level in three years to 1.59% from a high of 1.94% in April this year. The Reserve Bank of New Zealand (RBNZ) ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
... yields fell from 2.06% to 2.02% - they were 2.66% at the start of 2019 and reached a high of 2.78% in January. They've fallen below 2.0% to 1.86% on August 2. The headlines on that day focused on the markets' disappointment over Fed chair Jerome ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... growing almost three times faster than the advisers using institutionally-owned licensees. The average FUA per adviser has fallen from $40 million to $35 million in the last year. AMP Financial Planning, IOOF Group, Commonwealth Financial Planning, NAB ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish defined benefit schemes have fallen to just 28%, down from 34% in 2018. Bond allocations remain at 50% while allocations to alternative assets (property ...

Perpetual Investments leaks $1.1bn

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... $27.1 billion in funds under management at June 30. This is down $0.3 billion over the previous quarter. PPT shares had fallen by $1.79 at the end of yesterday's trading, following the FUM announcement. Shares have continued to trend lower in this morning's ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... 19bps to 12pbs). These were effective May 24. Fees trend down, competition heats up Fees for market-cap index ETFs have fallen 20% over the six years to December 2018. "My view is that [BlackRock's fee cut for IOZ] happened because of the low cost ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... New Zealand through a range of trade, financial, and confidence channels." While New Zealand's unemployment rate has fallen from 4.3% in the December 2018 quarter to 4.2% in the March 2019 quarter - close to the 10-year low of 4% recorded in September ...