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Chief economist update: A capitalist in communist clothes

BENJAMIN ONG  |  WEDNESDAY, 6 MAR 2019
... sure, the writing (of a slowing economy) has been on the wall for China, triggering expectations of continued growth weakness next year (and perhaps, the one after that). But just as the counter-cyclical policies implemented by most central banks around ...

Market cap funds disappoint investors: Report

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
... cause. "This is coupled with a tendency for people to overestimate their own ability to predict which stock will become the next 'star' or 'big winner' of the stock market," Kuhner said.

Institutional investors call out climate policy

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
... Emma Herd said in the electricity sector alone, more than $1.3 billion of investment is needed each and every year over the next 20 years to achieve emissions reductions in line with the Paris Agreement. "Limited government funds will not unlock this ...

'Best in show' a no go: KPMG

JAMIE WILLIAMSON  |  WEDNESDAY, 27 FEB 2019
... but are expected to do so shortly, Byres said. In 2018, KPMG projected the industry would halve via consolidation over the next 10 years. "KPMG believes this level of industry consolidation may occur sooner than previously forecast. A number of tailwinds ...

Former AMP Capital exec to lead global asset manager in Asia

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
... as in key distribution markets and channels across Asia Pacific - position him well to lead our regional business to its next chapter of growth," Ehret said. "The Asia Pacific region has always been foundationally and strategically important for PineBridge. ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... trusteeship and 18,000 members across traditional, accumulation and pension products. The transaction is due to finalise next month. Subsequently, the trustee role for the fund will be transferred from ZAS to Equity Trustees Superannuation. Equity Trustees ...

Infrastructure fund plans SMSF raise

KANIKA SOOD  |  MONDAY, 25 FEB 2019
... funds," Connolly said. "We are currently doing internal due diligence on a fourth manager which we might bring on in the next three to six months," she said. The fund has almost no exposure to U.S. infrastructure assets but Connolly says one of their ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
... bills in relation to five key recommendations which could also be passed before the election if additional sitting weeks next month are agreed to, Bowen said. The only recommendation Labor will look to water down is in relation to mortgage broker remuneration. ...

Australia ahead in gender diversity

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... "an amazing achievement." "Although it's not 30%, it's almost 30% and we are confident the target will be achieved in the next month," she says. It would be a significant milestone ahead of International Women's Day on March 8, and Richardson says the ...

MLC MySuper switches to lifestage

KANIKA SOOD  |  FRIDAY, 22 FEB 2019
... he was continuing to modernise and improve the business for the benefit of our clients," an MLC statement said. "Over the next 12 months, we will be implementing a number of initiatives across the business to ensure our clients have access to competitive ...