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Showing 5121 - 5130 of 20553 results for "BEN"

JPMorgan Chase reports record profits

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
Global financial powerhouse JPMorgan Chase & Co has beat analyst expectations, seeing its most successful year on record. The investment bank raked in $52.8 billion (US$36.4 billion) in the fourth quarter in net income, up 12% from the previous year. ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...

GAM partners with SimCorp

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
GAM Investments has signed a new long term licence agreement with investment management solutions provider SimCorp. The global asset manager will partner with SimCorp to consolidate its external front and middle office systems on to a single platform. ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
In between coughs on this smokey, hazy summer's day in Melbourne - yes, the bushfires are still raging and I can smell and taste the smoke as I write - two headlines caught my attention this morning. The first one is from Reuters (14 January 2020) ...

Fixed income ETFs prosper despite low rates

HARRISON WORLEY  |  TUESDAY, 14 JAN 2020
Latest research shows record low interest rates haven't put investors off fixed income, as Australia's ETF market continues to explode. According to new figures released by the Australian Securities Exchange and Vanguard, investors are doubling ...

Index investment soars: Research

ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
New research from Rainmaker Information has revealed indexed investments in the Australian market grew by 22% in the year to September 2019, surging to more than $500 billion. Indexed investments grew by 22% over the period, twice as fast as active ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
The world economy would advance by 2.5% this year, a tad stronger than the "post-crisis low" of 2.4% estimated for 2019. This is the World Bank's prediction contained in its January 2020 'Global Economic Prospects' report, noting that: "While ...

Franklin Templeton veteran readies two funds

KANIKA SOOD  |  MONDAY, 13 JAN 2020
A global equities boutique launched by a Franklin Templeton veteran is getting ready to pitch two new Aussie-domiciled funds to private wealth firms and wholesale clients down under. Bahamas-based Holowesko Partners is aiming to launch in the next two ...

Commonwealth Super mulls platform changes

KANIKA SOOD  |  MONDAY, 13 JAN 2020
Commonwealth Superannuation Corporation is considering making changes to how it administers about 570,000 defined benefit member accounts as its existing systems age. CSC has invited interested companies to submit proof-of-concepts for a core registry ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... double market expectations for a 0.4% increase and follows increases of 0.1% in October and 0.2% in September. According to Ben James, director of Quarterly Economy Wide Surveys at the ABS: "We have seen strong growth in Black Friday sales, both in areas ...