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Showing 2771 - 2780 of 7106 results for "June 2023"

IFM Investors continues global growth

JAMIE WILLIAMSON  |  TUESDAY, 15 AUG 2017
Institutional fund manager IFM Investors grew its funds under management by 33% over the year to 30 June 2017, now totaling $92.9 billion with 93% of its products and mandates outperforming their objectives. The fund manager raised $18.8 billion from ...

ECB disengages from currency war

BENJAMIN ONG  |  TUESDAY, 15 AUG 2017
... quarter. This is the fastest growth rate in six years. The unemployment rate in the region has steadily fallen to 9.1% in June - the lowest level since 2009 - after peaking at 12.1% in July 2013. Unlike its peers growth in wages and salaries in the Eurozone ...

Managed accounts growth delivers strong Praemium result

JAMIE WILLIAMSON  |  MONDAY, 14 AUG 2017
After a dramatic 12 months, a strategic focus on managed accounts and the increasing number of financial advisers embracing them has been cited as a key driver behind Praemium's FY2017 results. The platform and managed accounts provider reported a 28% ...

Low-flation becoming less transitory?

BENJAMIN ONG  |  MONDAY, 14 AUG 2017
In its 26 July FOMC statement, the Fed noted: "Inflation on a 12-month basis is expected to remain somewhat below 2% in the near term but to stabilise around the Committee's 2% objective over the medium term. Near-term risks to the economic outlook ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
Alongside its annual results which report a slight dip in net profit, Magellan Financial Group officially highlighted its plan to launch an initial public offering for a new ASX-listed investment vehicle. The Magellan Global Trust will target a 4% cash ...

CBA contemplates CommInsure sale

ALEX BURKE  |  WEDNESDAY, 9 AUG 2017
Commonwealth Bank confirmed in its annual results presentation that third parties are discussing an acquisition of the bank's life insurance business. Describing CommInsure as a "strong business with scale, expertise, competitive products and access ...

HUB24 expands white label solutions

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2017
Investment and superannuation platform provider HUB24 has partnered with a financial services company to launch a new platform this month. The white label partnership will provide Accountable Wealth Management's accountants and advisers access to a ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... Australian economy, going forward inflation indicators are heading the other way. After rising by 1.1% in the three-months to June (from 0.9% in the previous three-month period ended May), labour costs eased to just 0.6% in July. Similarly the quarterly ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
Superannuation members invested in lifestage funds and aged between 40 and 50 have produced an outstanding 12-month return on retirement savings according to the latest super fund analysis. Rainmaker research shows lifestage (also lifecycle) MySuper ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
Commonwealth Bank chief executive officer Ian Narev and fellow group executives have been stripped of short-term bonuses ahead of tomorrow's financial results. The decision, made by the CBA board in a meeting yesterday, was reached following consideration ...