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Economic Wrap

BENJAMIN ONG  |  FRIDAY, 7 OCT 2016
... seen in Japan and suggests the downturn in the service sector may only be temporary. Indeed, forecasts for output over the next 12 months remained positive in September, with the degree of business sentiment unchanged from August's four-month high". ...

OneVue strengthens board following merger

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2016
... innovation and marketing. OneVue chair Gail Pemberton said with the purchase of Diversa, OneVue is transitioning into its next phase of growth and maturity. "We are delighted to have Ron and Andrew join the OneVue board to help steer the company through ...

New Blue Sky MD shoots for $5bn

ALEX BURKE  |  THURSDAY, 6 OCT 2016
... director believes there is "no reason why we won't grow to least $5 billion in fee-earning assets under management in the next three years." In what could be described as Robert Shand's "mission statement," he told an ASX update the firm would aim for ...

Erin Truscott named AFA Rising Star

MARK SMITH  |  THURSDAY, 6 OCT 2016
... long-term strength of the financial advice industry. This is why we're proud to partner with the AFA to recognise outstanding next generation financial advisers," George said. "We congratulate Erin on earning the title of 2016 AFA Rising Star." Former ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2016
... Brexit-related uncertainty. Reflecting this, construction firms indicated a further recovery in their business expectations for the next 12 months, with optimism the strongest since May" "Just under half of the survey panel (45%) forecast a rise in output ...

MDAs overhauled by new regulations

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2016
... net tangible asset requirement, as was suggested in the consultation which opened in 2013. This will be reviewed over the next two years while the regulator assesses the impact of changes in the update. "IMAP's view is that this is appropriate given ...

Top boutique in first push for new investors

MARK SMITH  |  FRIDAY, 30 SEP 2016
... Mitchell said. "We're looking for people who are aligned with us and can look at the track record we've had and back us for the next 10 years." Crucially both founders have all their personal wealth invested alongside unitholders in the fund - "I own ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... minus 12 in July, better than expectations for a minus 5 reading. Expectations for the general economic situation over the next 12 months rose to minus 9 in September from minus 22 in the previous month with British consumers' expectations of their personal ...

Machine learning to revolutionise investing

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... planning to increase allocations towards alternatives such as hedge funds, managed futures and alternative beta over the next 12 months, demonstrating that adviser sentiment remains positive. This was attributed to the low correlation to equity markets ...

No new monetary policy moves on horizon: AB

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2016
... says any US rate rise this year will likely be small, with the Fed expected to hold off another year or so before making its next move. We can also expect to see some modest fiscal easing in the United States next year, though this is dependent on the ...