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Showing 2861 - 2870 of 6251 results for "December 29"

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test. In June last year the federal parliament introduced a 10% cap on defined ...

China's green shoots

BENJAMIN ONG  |  THURSDAY, 14 JAN 2016
... slowing as fast. (Remember green shoots and second derivatives?) China's exports decline by a mere 1.4% in the year to December - a fantabulous improvement from November's 7.1% drop and consensus expectations for a deeper 8.0% fall. There were also green ...

Hedge funds suffer worst year since 2011

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
Last year was a bad one for hedge funds as they suffered their worst returns since 2011. Numbers from industry researcher Eurekahedge showed that its benchmark hedge fund index returned 1.56% in 2015. Though that's the worst absolute return in four ...

Prime Super awards multi-asset mandate

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
Prime Super has awarded a multi-asset mandate to a $110.5 billion global investment manager. Following on from Prime Super's insurance mandate with CommInsure on December 12, PineBridge Investments announced the super fund has made an allocation to ...

Japanese consumers a tad more confident

BENJAMIN ONG  |  WEDNESDAY, 13 JAN 2016
Japan's Cabinet Office reported that consumer confidence stood at 42.7 in December. While this is much higher than market expectations for a 42.3 print, it's only a slight improvement from the previous month's 42.6 reading. The overall index is derived ...

China's low-flation

BENJAMIN ONG  |  TUESDAY, 12 JAN 2016
... Change 1.50% 1.60% 1.60% PPI - Y/Y Change -5.90% -5.80% -5.90% China's CPI inflation accelerated to 1.6% in the year to December - in line with expectations - from 1.5% in the previous month. This takes China's inflation rate down to 1.4% for all of ...

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
Happy New Year to all you gentle readers!... and it looks like we'd be needing more well-wishes of "A Happy and Prosperous New Year!" the way financial markets have panned out at the start of 2016. Equity markets around the globe dropped -- big time ...

New role for IOOF executive

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
IOOF general manager of distribution Renato Mota will take on a newly created role at the wealth management firm in 2016, following a company restructure and the resignation of Mick Farrell. Farrell resigned as general manager of dealerships in December  ...

Lesson in expectations management

BENJAMIN ONG  |  FRIDAY, 18 DEC 2015
Lift-off is literally - and for all intents and purposes - yesterday's news. It's now another day and speculations would slowly trickle over how "gradual" the pace of subsequent US Fed rate hikes would be over the course of the following year and thereafter. ...

The Fed's done it

BENJAMIN ONG  |  THURSDAY, 17 DEC 2015
Dear oh dear, the opening lines I intended to scribble on this momentous day have all been taken. "We have lift off". The Sydney Morning Herald already had first dibs. "The Fed Awakens". Not a chance, The Economist magazine got in first. "End of an ...