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Shock win leaves investors worse off

HARRISON WORLEY  |  MONDAY, 3 JUN 2019
... on share prices may have been less pronounced, reducing the need to dump equities. But for those who did, Graham says the next move should be to consider the appropriateness of that decision. "If the changes made to portfolios align with an investor's ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... 1.1% this year and 1.6% in 2020. This compares with the previous forecasts of 1.7% this year (lowered from 1.8%) and the next. Similarly, HICP inflation was expected to reach only 1.2% (from 1.8% previously) this year and 1.5% (from 1.6%) in 2020. Renewed ...

Compulsory super detrimental: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... research director at CIS the director of CIS TARGET30, which aims to reduce government spending to less than 30% of GDP over the next 10 years. His argument against compulsory super is that the current system is having a negative effect on homeownership ...

Bank appoints new chair

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... chairman and continue with the board renewal process. I am also delighted with the board's selection of Patrick Allaway as the next chairman who will facilitate BOQ's strategic agenda, including the ongoing digital transformation of the bank." The bank ...

Boutique fund manager rebrands

ELIZABETH MCARTHUR  |  TUESDAY, 28 MAY 2019
... Australian equities," Littler said. "We think this will translate into 50-70% of inflows coming from retail investors over the next year or so." Australian Eagle Asset Management chief investment officer Sean Squira said the Australian Eagle Long Short ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... heat is on..." - Glenn Frey Oh yes, Virginia, the Reserve Bank better deliver a cut in interest rates when its board meets next week (June 4) or there'll be a lot of disappointed "expert economists" and punters who put their money where their guesses ...

Natixis backs gender diversity

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... the area of women's economic participation and access to opportunity, which is why improving participation by fostering the next generation of women in financial services is a crucial step in the battle for gender equality." F3 founder Camilla Love said ...

Fund manager creates new investment role

ELIZABETH MCARTHUR  |  FRIDAY, 24 MAY 2019
... two years ago. Griffiths said: "We're thrilled to bits with the appointment. The business is 15 years old and this is the next natural step." He added: "There was a focussed search for someone who would fit into the business. It was very important to ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... contemporary products and 100bps for legacy products. "Recent fee cuts suggest contemporary pricing could head 30bps lower over the next five years. Overall trends are also dependent on legacy/contemporary mix shifts." UBS is estimating fee margins at ...

Clients demand multiple advisers: Report

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
... management report from EY, which examines why Australians are not leaving their financial advisers solely based on price. Over the next three years, more than one third of clients plan to switch advisers. The adviser's reputation and servicing capabilities ...