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Showing 3001 - 3010 of 6251 results for "December 2002"

2015: a lift year

BENJAMIN ONG  |  MONDAY, 30 MAR 2015
Pencil it in, carve it on concrete... 2015 will be the year that the US Federal Reserve lifts its federal funds rate target for the first time since bringing it down to 0-0.25% -- and nailing it there -- a long, long time ago (16 December 2008). Only ...

Managers to battle for super pool offshore

LAURA MILLAN  |  MONDAY, 23 MAR 2015
Competition among fund managers for the ever growing pool of retirement funds is set to move away from Australia and into international markets. Tougher conditions locally and the limited capacity of the market to absorb the $1.9 trillion in superannuation ...

Solid growth in ING DIRECT super business

MARK SMITH  |  MONDAY, 23 MAR 2015
ING DIRECT Australia has reported a 78% increase in funds under management in its superannuation business in the last year, taking total FUM to $1.1 billion. The company also achieved a net profit after tax of $297 million for the 12 months to 31 December  ...

'Brexit' betting booths now taking bets

BENJAMIN ONG  |  MONDAY, 23 MAR 2015
Call it what you will -- 'patient panic' or 'patient party' - the fact is all and sundry dropped what they were doing to hear (or not hear), read (or not read) the word 'patient' from the Fed. It's there no more... with "not impatient" taking over its ...

Aon appoints director to super board

MARK SMITH  |  FRIDAY, 20 MAR 2015
Aon Hewitt has appointed a former KPMG partner to be an independent director to the board of its superannuation business. Trevor Allen became chair of the audit sub-committee as well as a director to the Aon Superannuation trustee board on 1 January. ...

The real problem

BENJAMIN ONG  |  FRIDAY, 20 MAR 2015
It didn't happen on the night, but it happened last night. That perplexing perverse performance the financial markets gave to the deletion of the word 'patient' in the FOMC statement has gotten less perverse while we slept - the VIX index rose, so did ...

'Patient' Party

BENJAMIN ONG  |  THURSDAY, 19 MAR 2015
... hiking rates. There's the Fed's lowered forecasts for growth - now seen at 2.3% -2.7% in 2015 from 2.6%-3.0% projected in December (and accompanying downgrades in 2016 and 2017) -- and inflation - 2015 core PCE inflation shaved to 1.3%-1.4% from 1.5%-1.8% ...

Legg Mason Brandywine fund awarded top rating

MARK SMITH  |  WEDNESDAY, 18 MAR 2015
The Legg Mason Brandywine Global Opportunistic Fixed Income Trust has been awarded a 'Highly Recommended' rating from research house Zenith. The product was the only one to achieve the top rating in Zenith's 2015 sector review of global fixed income ...

A win-win currency war?

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2015
Whoopsie, I just got caught sleeping behind the wheels (er, keyboard). I just found out that there's now a term for the current "patient"-induced volatility in the financial markets. Reuters called (past tense) it "patient panic" in its published article ...

Australian Unity fund added to Emerald Wrap

ALEX BURKE  |  TUESDAY, 17 MAR 2015
Australian Unity's Altius Sustainable Bond Fund has been added to the Instreet-owned "responsible investment" product, The Emerald Wrap. Targeted at the ethical investor market, the Emerald Wrap has been building its product suite since Instreet acquired ...