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Showing 4111 - 4120 of 10303 results for "STI"

Fintech Nod takes on the unadvised

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
A new fintech is hoping to reach out to the 80% of people who don't see financial advisers via a digital financial advice platform. Nod, backed by accelerator H2 Ventures, is aiming to bring financial experts to people on demand. Clients can ask a question ...

Statewide Super renews custody deal

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
Following an extensive market review Statewide Super retained its custodian. The $7 billion industry superannuation fund has renewed its long-running partnership with NAB Asset Servicing (NAS), which provides custody, master custody, investment administration ...

Not off the boil

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
Chinese authorities' regulatory restrictions to cool the housing market appear to be having little impact on property prices. Latest figures show that the average price of new homes in 70 Chinese cities rose by 0.3% in the month of February following ...

Labour costs rising

BENJAMIN ONG  |  TUESDAY, 21 MAR 2017
In its 9 March statement, the European Central Bank (ECB) stated that, "A very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium term". However, if ...

US corporate debt mandate signed to Aussie manager

DARREN SNYDER  |  MONDAY, 20 MAR 2017
An Australian investment manager says it is time to think of floating rate assets and double-B rated credits as a safe haven in global debt markets. Supervised Investments portfolio manager Phil Carden told a briefing in Sydney that double-B rated debt ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
Markets received their regular does of adrenalin again yesterday when the Australian Bureau of Statistics (ABS) released its latest stats on the country's labour market. The seasonally adjusted numbers showed total employment dropped by 6,400 in February ...

AMP Capital overhauls ESG investment strategy

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
AMP Capital is introducing an ethical investment framework that will divest about $570 million in 'dangerous' or unethical investments across its entire portfolio. The company is ramping its commitment to responsible investing, and applying its new ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

Access to super for housing is still bad policy

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Superannuation industry associations have once again come out strongly against a policy of allowing first home buyers early access to their superannuation to purchase a home. Following comments this week from Assistant Treasurer Michael Sukkar, who ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
Suncorp increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. ...