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Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 DEC 2016
Australia private sector credit Total private sector increased by 0.5% in the month of October, better than market expectations for a 0.4% rise and followed gains of 0.4% in each of the previous three months. October's monthly gain were driven by the ...

IFM expands into Hong Kong

ALEX BURKE  |  TUESDAY, 29 NOV 2016
IFM Investors, the fund manager owned by 29 Australian not-for-profit super funds, has opened a Hong Kong office and been granted a licence from the Securities and Futures Commission of Hong Kong. The new office complements IFM's existing operations ...

Global firm introduces Australian pooled funds

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2016
... launch the second Australian pooled fund - the Pzena Global Expanded Value Fund - in early 2017. Pzena currently manages close to US$30 billion globally.

Green bonds open impact avenue

KERRIE SYDEE  |  FRIDAY, 25 NOV 2016
... bonds were sold around the world. Moody's anticipates the total issuance for 2016 to exceed US$80 billion, which would be close to twice the US$42 billion recorded for 2015. AllianceBernstein senior portfolio manager - fixed income, Erin Bigley, said ...

Listed infrastructure has winners and losers

DARREN SNYDER  |  THURSDAY, 24 NOV 2016
... managers in the Lonsec Research peer group suffered their worst draw-downs since the Global Financial Crisis - although nothing close to this scale. There was a return range of more than 20 percentage points between the best and worst performers within ...

JPMAM appoints Australian CEO

KERRIE SYDEE  |  TUESDAY, 22 NOV 2016
J.P. Morgan Asset Management has appointed a chief executive officer and country head of global investment management Australia. Head of sovereign and institutional, Asia Pacific ex-Japan, Rachel Farrell, has been appointed to the newly created role. ...

Super assets up despite contributions dip

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2016
... months, despite total contributions dipping 1.5%. According to APRA's Quarterly Superannuation Performance report, at the close of the September 2016 quarter assets totaled $2.1 trillion, $492.2 billion of which is made up by MySuper products; a 13.6% ...

XTBs added to OwnersAdvisory

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2016
... equity market volatility, we're seeing a growing demand for higher-yielding fixed-income investments, particularly from those close to, or in retirement. Corporate bonds are worth consideration when investors are looking to rebalance their portfolios," ...

Trump's helping hand

BENJAMIN ONG  |  MONDAY, 21 NOV 2016
... index from a 5-month high of 22.51 heading into the US presidential elections to 12.85 (the lowest since September) at the close of trade last week. The S&P 500 index rebounded in the two weeks post-Trump's victory and is now up 6.7% this year to date ...

Super 2.0 must deliver retirement certainty: FSC

KERRIE SYDEE  |  FRIDAY, 18 NOV 2016
... market; it must deliver a comfortable retirement for all and reduce the numbers of people on the old age pension - it must close the gender gap and it must be fiscally sustainable over the long-term," Loane said. "Australians want certainty and confidence ...