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Showing 251 - 260 of 628 results for "Fire"

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
If all goes according to expectations, today's Reserve Bank of Australia (RBA) Board meeting will mark one-month and two years (25 months) that the country's cash rate had been stuck at a record low 1.50%, and the longest stretch of unchanged ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial advice industry is bracing itself for more proposed changes to approved product lists (APLs), remuneration and terminology following the Productivity Commission's inquiry into the state of competition in Australia's financial system. ...

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
Pinnacle Investment Management is acquiring a 40% equity stake in a Melbourne boutique founded by former Vanguard executives and is powering towards another acquisition. The multi-boutique manager is paying $4 million for a 40% equity stake in Omega ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... shadow RBA Board) proposes - a rate hike. But I guess this is the lesser of two evils. A rate reduction would re-ignite the fire of already high household debt levels - the latest stats from the Australian Bureau of Statistics (ABS) show that household ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
Shots fired! Shots fired! The threat of a trade war became real on 6 July 2018, when at exactly 12:01 am (NY time), the US imposed a 25% tariff on US$34 billion of Chinese imports to which China immediately responded with a percent-for-percent and dollar-for-dollar ...

VanEck ETF receives ethical tick

KARREN VERGARA  |  MONDAY, 2 JUL 2018
A VanEck ETF has been given one of the highest ethical ratings by the Responsible Investment Association Australasia (RIAA). VanEck's MSCI International Sustainable Equity ETF (ESGI) was certified 'ethical' by RIAA according to the strict ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
Just like the other major world central banks that met before it this month - the Fed, ECB and BOJ - the Bank of England (BOE) did not disappoint market expectations (unlike in its May meeting where Governor Carney hinted at a rate hike months before ...

Chief economist update: China's neo-great leap forward

BENJAMIN ONG  |  MONDAY, 4 JUN 2018
... month of May and 7% lower since the start of 2018. Why? China A-shares inclusion into the benchmark MSCI indices is a sure-fire way to get money flowing into China's stockmarket. Indexed funds, Exchange Traded Funds (ETFs) and active funds, among ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
Multi-affiliate investment manager Pinnacle Investments officially launched its latest boutique firm with two former Macquarie stock pickers at the helm. Patrick Hodgens, who spent 28 years as Macquarie's head of equities and as an executive director ...

AMP Advice risk chief departs

HARRISON WORLEY  |  THURSDAY, 17 MAY 2018
... departed his post as AMP Advice chief risk officer, stating he does not have the capacity required to help steer the under fire wealth manager through the challenging times which lay ahead. Bargri announced his departure in a social media post earlier ...