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Former politician to chair Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 14 AUG 2017
A former Victorian premier and media personality is expected to become the next chairman of Equity Trustees. Subject to his re-election to the board at EQT's annual general meeting in October, Jeff Kennett will succeed current chairman Tony Killen who ...

AMP Capital seeks growth in Real Estate

EMMA RAPAPORT  |  FRIDAY, 11 AUG 2017
AMP Capital is gearing up for its next phase of growth with several appointments across its Real Estate business. According to AMP Capital global head of real estate Carmel Hourigan, these appointments demonstrate the continued momentum behind AMP Capital ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
... to record highs, the VIX index came back down to (very) low levels and US bond yields returned to speculating on the Fed's next move. In hindsight, the April 2017 experience proved to be a healthy correction for the equity markets. It got rid of those ...

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... forward to continuing to work with the FSC, other life insurance industry members and superannuation fund trustees on the next iteration of the code to continue driving improvements in our industry, which plays such an important role in the life and ...

Magellan officially ramps up retail offering

ALEX BURKE  |  THURSDAY, 10 AUG 2017
... investors value regular cash distributions and this has been missing in many global equity products." The trust represents the next phase of Magellan's ongoing push towards the retail market, underscored by the group's three-year partnership with Cricket ...

OneVue appoints fund services COO

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2017
... and Asian markets. "OneVue fund services is on track to double the number of fund managers and funds it manages over the next 18 months so we need to continue to hire the best people in the market," Harris-Smith said. Commenting on his appointment, Linnegan ...

Inflation: Cost-pushed and demand-pulled

BENJAMIN ONG  |  WEDNESDAY, 9 AUG 2017
... price index that remained at a record low 1.9% in the year to the March quarter (the ABS will release the June quarter tally next week). As the RBA recently noted, "as wages are the largest component of business costs, the outlook for wage growth is ...

Roaring forties produce super member tailwinds

DARREN SNYDER  |  TUESDAY, 8 AUG 2017
... shares." He also said that "assets are now generally quite expensive and therefore we're not anticipating returns for the next financial year to be as strong as they were in 2017." Rainmaker notes that current market dynamics play out differently for ...

First home super scheme may not make it to parliament in 2018

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... from 1 July 2018. A statement released by Federal Treasurer Scott Morrison last month said the Government was "launching the next phase of its comprehensive housing affordability package" by releasing draft legislation to help Australians buy their first ...

CBA senior executives forego bonuses

EMMA RAPAPORT  |  TUESDAY, 8 AUG 2017
... incentives. Full details of this years' remuneration outcomes will be disclosed in the board's annual report, due to be released next week. Source: CBA annual report 2016