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Showing 2831 - 2840 of 6512 results for "Jul"

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
The financial headlines talked about the Bank of Canada's (BOC) decision last night to raise its benchmark overnight rate by 25 basis points to 1% - and the Bank Rate and the deposit rate by the same to 1.25% and 0.75% - as having taken the markets ...

Sole fund closed by Australian equities manager

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2017
Integrity Investment Management terminated its only fund with immediate effect last Friday as its founder prepares for a sabbatical. An announcement on the firm's website explains the Integrity Australian Share Fund has ceased to accept applications ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
Less than a fortnight from now, Philip Lowe celebrates his first anniversary as Governor of the Reserve Bank of Australia (RBA) - succeeding Glenn Stevens on 18 September 2016. One thing that could be said about his first year stint as head honcho of ...

Tower lodges cross appeal to NZ High Court

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2017
After having a proposed takeover by Suncorp subsidiary Vero Insurance declined by New Zealand regulators, Tower has lodged a cross appeal against the decision. In a statement to the ASX, Tower advised that it has now formally lodged its own cross appeal ...

Who's afraid of North Korea? Not the South Koreans

BENJAMIN ONG  |  TUESDAY, 5 SEP 2017
Scary headlines over the prospect of an all-out war between North Korea and the United States (and its allies) continue to flood cyberspace. The latest of which is America's ambassador to the United Nations Nikki Haley's remark that Kim Jong-un is "begging ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
Expensive valuations, concerns that the war of words between Washington and Pyongyang could escalate into a real nuclear one, the possible breach of the US debt ceiling and, lately, Hurricane Harvey - singly or combined - couldn't dent positive sentiment ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

Young Aussies driving sharemarket

JAMIE WILLIAMSON  |  FRIDAY, 1 SEP 2017
Younger Australians are developing a greater understanding of fundamental investment principles as record numbers of Generation Z and Y investors embrace domestic shares in order to build wealth. According to new insights from nabtrade, in the 12 months ...

Netwealth expands managed accounts offering

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
Netwealth will broaden its range of managed account solutions in a bid to meet growing adviser demand and continue building on its now $15 billion in funds under management and administration. In the short period from 1 July 2017 the managed accounts ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
The Commonwealth Bank is aiming to grow the climate and green-aligned bond sector in Australia with a new global partnership. The bank, who arranged $1.02 billion of climate bonds into the Australia medium term note market in the 2017 financial year ...