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Showing 5721 - 5730 of 14214 results for "Interest"

Beyond 6000

BENJAMIN ONG  |  WEDNESDAY, 8 NOV 2017
... years. The second attempt was in 2015 when it reached 5973.32 points in March of that year, aided by the RBA's 25 bps interest rate reduction to 2.25% in February and the corresponding drop in the Australian dollar exchange rate which hit a low of US$0.6843 ...

Wealth, insurance arms hit banks' earnings

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... major Australian banks' performance shows the insurance and wealth management arms collectively earned $10 billion in non-interest income, down 29.7% on the prior year. Funds under advice and average assets under management meanwhile, grew strongly but ...

Property investing key to outlasting super

KARREN VERGARA  |  TUESDAY, 7 NOV 2017
... kick start the process of building a property portfolio, and with it all the deduction benefits such as depreciation and interest, that investment property ownership brings," Smith said. He named Canberra as an ideal location to start an investment portfolio ...

CommInsure awards $300m risk premia mandate

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... of the Australian three-month Bank Bill Rate (ADBB3M Curncy) over rolling five-year periods. "We see continued strong interest in our product offering managed by GAM's alternative risk premia team led by Lars Jaeger. Our highly disciplined research approach ...

Advisers divided on mixing advice: Poll

KARREN VERGARA  |  MONDAY, 6 NOV 2017
Financial advisers are divided when it comes to combining human advice with robo solutions. About 43% of advisers want to embed digital or robo solutions together with face-to-face advice, while an equal number completely shun this idea. Only 13% of ...

AIST creates lead advocacy role

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
The Australian Institute of Superannuation Trustees appointed an ex-ASIC adviser to a newly created advocacy role. Bringing more than a decade of financial services experience, Ailsa Goodwin has taken on the new role of head of advocacy at the industry ...

O'Dwyer urges AFCA consultation

KARREN VERGARA  |  FRIDAY, 3 NOV 2017
The Revenue and Financial Services Minister today welcomed a consultation paper on the terms of reference, governance and funding arrangements for the Australian Financial Complaints Authority (AFCA). AFCA, expected to operate as of 1 July 2018, is ...

Quant manager ties momentum with machine

DARREN SNYDER  |  FRIDAY, 3 NOV 2017
A global quantitative investment manager has turned the clock to re-evaluate its momentum strategies, using expertise in machine learning to build better alpha-capturing trading systems. In his recent trip to Australia, Man AHL chief scientist Anthony ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... first time in more than a decade that the BOE raised its key overnight benchmark rate. The UK central bank last moved interest rates higher on the 5th of July 2007, taking the Bank Rate up from 5.50% to 5.75%, before steadily cutting it down to a record ...

ESG and emerging markets investment continues rise

JAMIE WILLIAMSON  |  THURSDAY, 2 NOV 2017
... which is becoming increasingly relevant outside of the traditional developed markets; a trend further driven by resurged interest in emerging markets. Of all new equity manager selection projects over the past 12 months, 28% were for emerging markets ...