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Showing 4641 - 4650 of 14213 results for "Interest"

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... related conclusion is that there is still significant spare capacity in the Australian labour market." 2. Are there more interest rate reductions to come? "The answer here is that the board has not yet made a decision, but it is not unreasonable to expect ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... are anchored in cash, leaving them stuck with low returns, while the likelihood the Reserve Bank of Australia cutting interest rates this year may further exacerbate the challenge for income-hungry investors. "We want to lower the barrier for investors ...

Impact investing an advice opportunity: Expert

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
An impact investing expert believes the principle offers financial advisers with an opportunity to engage people who might deem investing to be too complex for them. Speaking in Sydney yesterday, WHEB Asset Management managing partner George Latham ...

Plato fund shuts down

KANIKA SOOD  |  TUESDAY, 4 JUN 2019
... their money. The closing fund invested in the Plato Australian Shares Income Fund, with an extra overlay of cash and interest rate futures to manage risk, and charged 9bps over the underlying fund's 0.9% p.a. management costs. The underlying fund is ...

NAB looks to boost fintech

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
The National Australia Bank announced its existing alliance with Bank Leumi of Israel and CIBC will move into fintech with the introduction of the Global Alliance Fintech Link. The Link is an online portal developed to help drive client-focused innovation ...

Sandon Capital acquires stake in LIC

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... nearly 53 million shares in Mercantile Investment Company (MVT), which represent 18.87% ownership. Sandon will acquire the interest from Siblow, an entity controlled by Ron Brierly. In Sandon's letter to Mercantile, it says the acquisition has potential ...

Suncorp Super faces action over adviser pay

JAMIE WILLIAMSON  |  TUESDAY, 4 JUN 2019
... Those monies should now be repaid," William Roberts Lawyers principal Bill Petrovski said. Compensation for members plus interest is being sought. No financial advisers are expected to be sued as part of the action. Suncorp Super is already in the process ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... should steel its nerves and stay put, but the widespread consensus is the RBA will announce a 25 basis point reduction in interest rates today. I'm in with the rate cut camp - do it early to avoid having to do it by more down the track (using the ...

Fund manager buys into Morphic AM

KARREN VERGARA  |  MONDAY, 3 JUN 2019
... alternatives fund manager has acquired an undisclosed stake in Morphic Asset Management. Ellerston Capital gained a controlling interest in global equities manager Morphic, which will now become an Ellerston subsidiary. Morphic operates three funds ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
Colonial First State has appointed a senior Qantas Super executive to a superannuation governance role. The institution has appointed Hugh Loughrey as the head of the office of the trustee. He moves into the role as former head of the office of the ...