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Showing 3561 - 3570 of 9316 results for "Red"

Vanguard lowers fees

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
Vanguard announced it will lower fees on a number of its most popular funds and ETFs from the start of July. The fee reductions include the Vanguard Australian Shares Index Fund, which is one of Vanguard's largest funds with more than $15 billion ...

Future Fund backs tech startup

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
Australia's $154 billion sovereign wealth fund has invested in a technology company looking to deploy its products in the industrial sector. California's Everactive raised $30 million in a recent funding round, of which Future Fund was the lead ...

Dealer group transitions to fee-based model

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
A dealer group has ditched grandfathered arrangements ahead of the 2021 deadline and transitioned the majority of its network to a fee-for-service model. ASX-listed Centrepoint Alliance moved 200 out of 226 of its financial advice firms to a new "transparent ...

Westpac appoints remediation lead

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2019
Westpac is welcoming a new head of remediation. At the same time, the group has responded to reports of up to 300 planned redundancies within BT Financial Group. Former ANZ general manager, wealth separation and transition Mandy Rutherford has joined ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
"Don't stop me now, I'm having such a good time I'm having a ball Don't stop me now..." - Queen Despite the ongoing uncertainty over the slowdown in global economic activity, the lingering trade war and now, geopolitical concerns (prompted ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
The Fed's decision to maintain current policy settings at the conclusion of last night's FOMC meeting doesn't make for much except for self-congratulations and back-patting. What matters more is the forward guidance implicit in the FOMC ...

YouTube fundie woes continue

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
The UK's Financial Conduct Authority (FCA) has opened an investigation into the events surrounding the suspension of the Woodford Equity Income Fund, with Link Group now caught in the scandal. Earlier this month, star UK fund manager Neil Woodford took ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
Maybe not at this month's Federal Open Market Committee (FOMC) meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool ...

Industry fund appoints deputy CIO

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
A $50 billion industry superannuation fund has promoted from within to fill a newly created deputy chief investment officer role. Cbus has appointed Brett Chatfield to the new role; he will be stepping into the position from his role as head of public ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...