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Showing 421 - 430 of 998 results for "Cash Rate"

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
... will charge 1.5% pa in management fees. Performance fee is 20% of the fund's excess return versus the benchmark RBA cash rate, net of management fees. Both funds have a minimum investment size of $20,000. The high conviction fund has a "highly recommended" ...

Chief economist update: New RBNZ Governor maintains old policy

BENJAMIN ONG  |  MONDAY, 14 MAY 2018
... New Zealand's monetary policy settings remained unchanged since the last 25 basis point reduction in the official cash rate from 2% to 1.75% way back in November 2016. As Governor Orr explained in his statement, this is because while "Economic growth ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... to get the same result. Only yesterday, when the Reserve Bank of Australia (RBA) met and decided to keep the official cash rate unchanged at 1.5%, it noted in its statement that: "An appreciating exchange rate would be expected to result in a slower ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... on meeting the Bank's technology needs," the RBA said. Benedict's appointment follows the RBA deciding to leave the cash rate at 1.5%. Explaining this, RBA Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian ...

Chief economist update: Inflation remains in the slow lane

BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... expect a further pick-up in the Australian economy; The second point is that it is more likely that the next move in the cash rate will be up, not down, reflecting the improvement in the economy." The third and fourth points answer our question: "The ...

XTB launches ESG fixed income portfolio

KANIKA SOOD  |  MONDAY, 23 APR 2018
... securities manager has launched a fixed income portfolio of ESG securities, with an absolute return objective of 1% above the cash rate. The XTB emerald fixed income portfolio is a managed portfolio of individual bond units (XTBs) that will invest in ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

Chief economist update: Another five minutes of retail sunshine?

BENJAMIN ONG  |  FRIDAY, 6 APR 2018
... (ABS) released its latest report on retail spending and...it was good. The Australian central bank kept the official cash rate unchanged at 1.5% that day with the policy statement underscoring its optimism over the country's growth outlook: "The Bank's ...

New income trust plans to raise $350m

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... overweight cash having gravitated towards stable bank deposits that provide low returns as a result of the record low RBA cash rate. We are pleased to provide investors with a stable alternative, that provides both capital protection, through investment ...

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... negotiate a higher price." In its first half-year results, released in February, MXT met its IPO target return of the RBA cash rate plus 3.25% net of fees and consistently traded above net asset value. At the time, Lockhart said: "In today's volatile ...