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Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 3 AUG 2016
... Securities who expect the package will push up real GDP growth by just 0.4% this year, trailing off to just one tenth that impact next year. To fund the package the Bank of Japan is expected to issue a range of construction and other longer term bonds ...

AZ NGA acquires $130m Brisbane practice

ALEX BURKE  |  TUESDAY, 2 AUG 2016
AZ Next Generation Advisory has acquired a Brisbane advice group which manages $130 million in client funds. Logiro Uncharted was established by Stephen Bell, Lyn Bell and Chris Shiels in 2007. It provides advice on wealth accumulation, retirement planning ...

Magellan eyes 'exponential growth' from second machine age

MARK SMITH  |  TUESDAY, 2 AUG 2016
... coming years. "As investors, I think we need to question whether we are entering a new technological and machine age over the next 10-25 years that could disrupt most businesses and possibly society as we know it. In this regard, the new technological ...

Stockspot and Class form data deal

DARREN SNYDER  |  TUESDAY, 2 AUG 2016
... growth portfolio has returned over 8% per annum since 2014. We expect SMSFs will be one of our largest growth areas in the next 12 to 18 months as they seek access to global shares, franked dividends and impartial investment advice," Brycki said.

Myer Family Investments names new chief executive

MARK SMITH  |  MONDAY, 1 AUG 2016
... statement MFI said it is delighted to welcome Russell to the role to continue the 90-year-old company's growth strategy into the next decade. This includes increasing MFI's investment in operating businesses. "John brings a wealth of experience with ...

Economic Wrap

ALEX DUNNIN  |  MONDAY, 1 AUG 2016
... cohort and three quarters are female. Stable outlook for NZ banking New Zealand's banking system outlook is stable over the next 12-18 months reflecting the system's robust capitalization and strong structural profitability, according Moody's Investors ...

ASX appoints new CEO, board member

DARREN SNYDER  |  MONDAY, 1 AUG 2016
... people at ASX, and taking the company's competitiveness and strong commitments to innovation and customer service to the next level," Stevens said. In a separate announcement, joining the ASX board as a non-executive director is Melinda Conrad, who will ...

PROFILE: Standard Life Investments head of Australasian business Simone Bouch

MARK SMITH  |  MONDAY, 1 AUG 2016
... developed a penchant for working with superannuation funds and it was this institutional experience that took her to Melbourne. Next came an opportunity to move to London to become Henderson's head of European client services, running a team that supported ...

Financial Standard to present at upcoming netwealth webinar

KERRIE SYDEE  |  FRIDAY, 29 JUL 2016
During next month's netwealth webinar, Michelle Baltazar from Financial Standard will explore how you can get better client outcomes and conversations through the use of managed accounts. You will learn about: * Key findings from the latest Financial ...

Rate cut would do little to help economy: WAM

KERRIE SYDEE  |  FRIDAY, 29 JUL 2016
With inflation at a 17 year low markets are pricing in a rate cut at next week's RBA meeting, although, according to head of investment management Australia at Western Asset Management, Anthony Kirkham, a rate cut might not be the right answer. With ...