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Showing 21 - 30 of 131 results for "Sterling"

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... described the state of the UK economy. UK GDP growth shrank for the seventh straight quarter in June 1992 and the pound sterling was forced out of the Exchange Rate Mechanism (ERM) on the 16th of September of the same year - sending the British currency ...

Warakirri appoints exclusive manager for equities

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... will now take the cake from five other managers (AllianceBernstein, Cooper Investors, Greencape Capital, Allan Gray, Sterling Equity, Ubique Asset Management). Warakirri has managed money for institutions including charitable trusts since the 1990s and ...

TCorp launches new bond

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... February 2050. Trigona said the new Euro bond would diversify TCorp's investor base. "Previously we've issued in Sterling, Swiss and Yen, and we are delighted to have added Euro to the mix," she said. "This transaction represented a great opportunity ...

TCorp issues first Euro bond

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
... balance sheet Fiona Trigona noted the interest within Europe for the debt TCorp was offering. "Previously we've issued in Sterling, Swiss and Yen, and we are delighted to have added Euro to the mix," Trigona said. "This transaction represented a great ...

Chief economist update: UK is now Bailey's baby

BENJAMIN ONG  |  TUESDAY, 11 FEB 2020
Bank of England (BOE) Governor Mark Carney's last days on the job would have gotten more press were it not for the more pressing concern of the coronavirus. To be sure, there was nothing noteworthy in Carney's final monetary policy committee ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... action last week against Theta and its managing director in relation to a Western Australian property investment vehicle, Sterling Income Trust. ASIC's action is completely removed from the Australian Corporate Bond Trust and XTBs or any other managed ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
ASIC has commenced action in the Federal Court in Western Australia focused on the promotion and management of the Sterling Income Trust. The regulator said the action is against Theta Asset Management, an Australian financial services licensee and ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... flexible extension of Article 50. As a consequence, the perceived likelihood of a no-deal Brexit has fallen markedly and the sterling exchange rate has appreciated. These agreements are expected to remove some of the uncertainty facing businesses and ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... it remains closer to target compared with the ECB (0.9%), BOJ (0.3%) and the Fed (1.4% - PCE price index). The weaker sterling exchange rate has helped. So too has the record low unemployment rate - 3.8% in the three months to July (lowest since 1974) ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... Increased Brexit uncertainties have put additional downward pressure on UK forward interest rates and led to a decline in the sterling exchange rate." Not only this, the statement says: "Looking through recent volatility, underlying growth in the United ...