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Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
... target three years from now - all are forecast to reach 1.8% by 2021. Still, 2020 or 2021 is still a long way away. Even next year could bring upside or downside surprises - just as the sharp slowdown in euro area GDP growth from a peak of 2.8% in the ...

Responsible investing rises on advice agenda

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
... bearish in their outlook for domestic equities, with the average adviser expecting to see capital gains of 4.6% over the next 12 months, down from 6.5% in Q1 2018. "It appears many financial planners were attuned to the fragilities in the market, having ...

Superannuation fund introduces fee changes

KARREN VERGARA  |  THURSDAY, 13 DEC 2018
... annum capped at $1500. Currently, admin fee is calculated at 0.20% p.a. for the first $500,000, and then 0.15% p.a. on the next $500,000. WA Super recently took out the Australian Institute of Superannuation Trustees' Best Member Facing Project Award ...

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
... confidence motion lodged against her. The Party's rule barring another confidence vote against a sitting PM within the next 12 months means that May will be taking the UK to Brexit after all. Whether or not the parliament will vote for the deal she ...

Bentham AM launches mFund

KANIKA SOOD  |  WEDNESDAY, 12 DEC 2018
... benchmark returns and had raised $131 million at September end. Now, the boutique is targeting a $100 million raise in the next 12 months through mFund, platforms, and the adviser channel together. "It would be really hard to say but I think we are looking ...

Future Fund investment specialist joins NZ Super

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... of the asset class teams. NZ Super Fund chief executive Matt Whineray said the fund is expected to grow strongly over the next few years and Gilmore's experience at the Future Fund will be invaluable. Gilmore commented: "I am a great admirer of the ...

Ignition lifts off in Ireland

HARRISON WORLEY AND MICHELLE BALTAZAR  |  WEDNESDAY, 12 DEC 2018
... Ireland, which boasts more than 3.5 million customers, plans to introduce Life Advice to these customers over the course of the next 12 months via multiple roll-outs. In June, Ignition Wealth entered a partnership to use Milliman's data expertise ...

Chief economist update: So much Brexit uncertainty, so little time

BENJAMIN ONG  |  WEDNESDAY, 12 DEC 2018
... much so, that she might be forced to exit the prime ministership of the United Kingdom before the UK exits the EU in March next year. As per Factset: "May also facing a potential no-confidence vote as an increasing number of Tories are trying to oust ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... global challenges and the prospect for a self-fulfilling prophecy in the Australian property market implies that the RBA's next move on interest rates would likely be down than up.

Challenger kicks off active ETFs

KANIKA SOOD  |  MONDAY, 10 DEC 2018
... first launch out of the ActiveX banner that was announced in June. Kapstream Capital and Alphinity Investment Managers are next in the line for active ETFs, Fidante general manager Nick Hamilton told Financial Standard. "For the next three months, we ...