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Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... interest rates five times from 5.60% to 4.35% by the end of the year. While these have helped keep GDP growth (6.9% in 2015) close to last year's 7.0% target, the trend from the factory and services sector PMI surveys suggest that the economy continues ...

BTIM board replaces Cooper

DARREN SNYDER  |  TUESDAY, 1 MAR 2016
Industry executive Brad Cooper has stepped down from his role as a non-executive director at BT Investment Management. BTIM announced its board change to the Australian Securities Exchange today, and has replaced Cooper's position with current BT Financial ...

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
... region's Harmonised Index of Consumer Prices (HICP) has moved further away from its "price stability" target of "below, but close to 2.0%". Worse, the HICP - all items measure has dropped back into deflation. HICP inflation fell by 0.2% in the year to ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
In case you missed it, finance and central bank head honchos of the Group of 20 (G-20) met over the weekend in Shanghai. But you may as well have (missed it, that is) for it was more of the same - promised-filled and action-short. In its communique ...

Platinum inflows boosted by increased marketing spend

MARK SMITH  |  FRIDAY, 26 FEB 2016
Platinum Asset Management's increased spend on promotion and marketing has paid off with the firm seeing a steady rise in net inflows despite facing stiff competition in the global equity space. The half-year to 31 December saw positive net investment ...

Drummond resignation prompts NAB leadership changes

MARK SMITH  |  MONDAY, 22 FEB 2016
National Australia Bank has announced a number of changes to its leadership following the resignation of group executive finance and strategy Craig Drummond. Over the last two and half years Drummond led NAB's exit of Great Western Bank, the sale of ...

Returns gap fuels 'dashboard' debate

ALEX BURKE  |  MONDAY, 22 FEB 2016
... the performance of retail and not-for-profit funds over the 10-year period from June 2005 to June 2015. The report found a close link between the relative performance of both segments and overall market performance. Specifically, over that period retail ...

Behavioural coaching is the best route to 'adviser alpha'

MARK SMITH  |  FRIDAY, 19 FEB 2016
Advisers are the solution to the question of why retail investors leave so much of the possible return available in markets on the table, according to Vanguard head of investment strategy group Asia Pacific, Jeff Johnson. Addressing an audience of financial ...

Treasurer hints at super concession adjustments

MARK SMITH  |  FRIDAY, 19 FEB 2016
... in Adelaide, the first time a person holding his office has addressed a conference, Morrison said the Government was very close to revealing the conclusions of a comprehensive tax review, which industry insiders expect to include significant changes ...

Sustainalytics sets up shop in Australia

ALEX BURKE  |  THURSDAY, 18 FEB 2016
ESG researcher Sustainalytics has opened its Sydney office. The company, which has provided responsible investment research to clients including BNY Mellon, Morningstar and ING Investment Management, said this move "expands Sustainalytics' global footprint ...