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Showing 2841 - 2850 of 6251 results for "December 29"

US dollar downed

BENJAMIN ONG  |  THURSDAY, 4 FEB 2016
... the US services sector has slowed considerably last month. The composite index dropped to 53.5 in January from 55.8 in December - less than expectations for a 55.1 print - with the major components of the report - business activity; new orders; employment ...

Netwealth is highest-rated adviser platform

ALEX BURKE  |  WEDNESDAY, 3 FEB 2016
Advisers prefer the netwealth investment platform in terms of full functionality, according to Investment Trends research. Investment Trends' December 2015 Platform Report analysed 506 "key characteristics" of 22 master trust and wrap platforms, which ...

WAM Capital profit triples

MARK SMITH  |  TUESDAY, 2 FEB 2016
WAM Capital has more than tripled its after tax operating profit to $74.6 million for the half year to 31 December 2015, following strong outperformance of the market. After tax profit rose 224.9% from $23 million in the same period in 2014, while the ...

CBA says most customers received appropriate advice

ALEX BURKE  |  TUESDAY, 2 FEB 2016
The fourth update on CBA's Open Advice Review has been released, which the bank said is evidence that the "majority of customers" assessed so far received appropriate advice. The report, prepared by Promontory Financial Group, is based on the nearly ...

Hastings names new UTA portfolio managers

DARREN SNYDER  |  MONDAY, 1 FEB 2016
Westpac subsidiary Hastings Funds Management has appointed two new portfolio managers to the group's largest fund, Utilities Trust of Australia (UTA). Joining Hastings from Flagstaff Partners is Brett Mitsch, who will now be the lead portfolio manager ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
A week and a day after equity markets welcomed Super Mario Draghi's announcement that the European Central Bank (ECB) would "review and possibly reconsider our monetary policy stance at our next meeting in early March in order to secure a return of ...

Not so durable

BENJAMIN ONG  |  FRIDAY, 29 JAN 2016
... going to be a fall-out in new orders for durable goods... but not this big. Total orders fell by 5.1% in the month of December - worse than the worst estimate for a 3.0% decline. It could be reasoned that this has been pulled down by the transport orders ...

Legg Mason makes three acquisitions

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
It is expected 2016 will see mergers and acquisitions intensify and global asset manager Legg Mason has already jumped on board, recently making three major announcements. From its Baltimore offices Legg Mason announced it will acquire a majority equity ...

Retail super portfolios dodge disclosure: ISA

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
Industry representative groups believe the federal government's draft on improved superannuation transparency does not go far enough, with at least $400 billion in retail fund assets escaping proposed disclosure requirements. In submissions to government ...

Telstra Super hunting new executive

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
Telstra Super is continuing its search for a new head of property and infrastructure following the departure of Greg Lee before Christmas. The $17 billion corporate superannuation fund accepted Lee's resignation effective 18 December 2015. A short statement ...