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Showing 311 - 320 of 660 results for "Perfect"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... profit-making but not profit-maximising. We are not trying to squeeze our customers to please shareholders. We are not perfect but we are not conflicted about who we are working for."

Retail super funds reject MySuper delays

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... October 2016, the figure ballooned to $34m. NAB said it fully accepts the seriousness of the matters, adding it is "not perfect" and acknowledges that mistakes have been made.

Kapstream renews industry fund relationship

DARREN SNYDER  |  THURSDAY, 30 AUG 2018
An $8.5 billion industry superannuation fund has committed more than $200 million to Kapstream Capital's new absolute return income strategy. Marking the latest in a series of mandates awarded this year, the Australian Catholic Superannuation and ...

Industry fund awards fixed income ESG mandate

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
An $11 billion industry fund has awarded a global bond manager a $440 million mandate to invest in global fixed income and credit. Local Government Super has given PIMCO an ESG mandate to invest in global credit and government bonds. PIMCO already holds ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... on August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect certainty," before acting on policy. To this day, the BOE, like all others (including the Fed), nominates Trump's protectionist ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... highlighting the truism of BOE Governor Mark Carney's words: "The mistake is to always wait, wait, wait until you have perfect certainty." Then again, the US and UK labour markets are operating at or close to full capacity with 3.9% and 4% unemployment ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
"The mistake is to always wait, wait, wait until you have perfect certainty." - Bank of England Governor Mark Carney The Bank of England (BOE) finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Some would call it karma, for many it's just the plain and simple truism that a trade war is a lose-lose proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
The neutral interest rate is the Goldilocks level of the fed funds rate - not too cold that it would continue stimulating growth (and lift inflation) and not too hot that it would cause economic activity to slow. Ho-hum. US Federal Reserve Chairman ...

Chief economist update: Weak wages a puzzle, could become a problem

BENJAMIN ONG  |  FRIDAY, 13 JUL 2018
"I think the economy's in a really good place. As I mentioned, unemployment is now 4%... which is the lowest it's been in 20 years. The other thing that's good that's been happening is for five years we've seen people coming back ...