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Showing 3611 - 3620 of 10705 results for "May 2012"

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
It appears the Bank of England (BOE) is marching to a different tune. While the BOE's monetary policy committee decided to keep current monetary policy settings at its June meeting just like the Fed and the Bank of Japan, it offered an opposing ...

Zurich Investments to swap small caps managers

KANIKA SOOD  |  THURSDAY, 20 JUN 2019
Zurich Investments is looking for a replacement for its small caps strategy as the current manager gets ready to shut shop. The Zurich Investments Small Companies Funds has about $66 million in funds under management. It is currently managed by Sigma ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
The social media giant revealed plans for its first financial services product, a digital wallet and its own cryptocurrency. Facebook is set to launch its own digital wallet in 2020, to allow people to access and participate in the Libra network, Facebook's ...

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 ...

MetLife appoints new distribution lead

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JUN 2019
A former Sunsuper and MLC executive will now lead MetLife's distribution capabilities. Former Sunsuper executive general manager, growth, advice and marketing Michael Mulholland has been named chief distribution officer at the life insurer. Mulholland ...

Hostplus makes bid for SMSF money

KANIKA SOOD  |  WEDNESDAY, 19 JUN 2019
The $43 billion fund is hoping to woo self-managed superannuation fund investors with new options geared at them. SMSF investors will have access to six of Hostplus' 23 investment options, including its flagship balanced option and the low-cost ...

Will financial advisers cease to exist?

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2019
More than half of all financial advisers believe the role they perform today will change substantially or cease to exist over the coming decade, according to research from the CFA Institute. With the necessary skillset to be a financial adviser evolving ...

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
ASIC has approved changes to the Australian Financial Complaints Authority rules for legacy complaints. The ASIC approval gives effect to the AFCA authorisation condition introduced by the government earlier this year. Under the government's additional ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Fee discounts harder for active ETFs

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
High net worth financial advisers may be reluctant to allocate to active ETFs because of the cost benefits on offer with unlisted trusts. Active ETFs account for just $3 billion of Australia's total $47 billion invested through exchange-traded products. ...