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Showing 4441 - 4450 of 14213 results for "Interest"

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... in the fed funds rate underscores financial markets' conviction that the Reserve Bank of Australia (RBA) will cut interest rates again when it meets on the first Tuesday of October - taking the official cash rate to a new record low of 0.75%. The ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is retiring after a decade in the role in a surprise announcement made this morning. Himbury will retire from executive roles effective December 2020. IFM Investors ...

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... Australia and New Zealand. It now manages about $10 billion on behalf of superannuation funds. "Where we are getting more interest is around quant type, factor based [strategies]. In some cases, very targeted around ESG which is certainly an area of ...

Neuberger Berman launches new fund

KRISTI CHENG  |  THURSDAY, 19 SEP 2019
... recognition. Australian investors, he said, are concerned about valuations in world equity markets, but recognise global interest rates are very low. They are therefore looking for "an experienced, credible, fixed income manager" to help navigate these ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
... positioned for the future. "Banks anywhere in the world have a big problem, and that's the inverted yield curve. Their net interest margins are getting crushed," she began. "We don't think that this is a fleeting phenomenon. If you go back to the 50 ...

Integrity Life launches lifetime discount offer

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Integrity Life has launched an 8% discount for the lifetime of a policy across its lump sum products, designed to ensure sustainable pricing for its life insurance products. The insurer said the move strongly aligns with the best interests of financial ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... stroke of his pen or a flip of his toupee, he could up the ante on tariffs, ensuring he gets the zero (even negative) interest rates - plus QE - he's been bugging Powell to implement.

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Former Challenger exec joins EQT super board

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
A former Challenger executive joined Equity Trustees' superannuation board. Equity Trustees appointed Paul Rogan as an independent director of its superannuation board (ETSL) as the firm continues its moves to "raise the standard" in securing members' ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
... certain obligations relating to borrowing base while the company disposes some unquoted assets, while increasing the interest rate to LIBOR +1.5% from the LIBOR + 1.35% it previously charged the fund on drawdowns. On a visit to Sydney last week, O'Grady ...