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Showing 5871 - 5880 of 20553 results for "BEN"

Market cap funds disappoint investors: Report

KARREN VERGARA  |  TUESDAY, 5 MAR 2019
The vast majority of Australian funds failed to outperform respective benchmarks in 2018 and recorded relatively poor performance compared to the prior year. This is according to the latest S&P Dow Jones Indices' SPIVA Australia Scorecard, which showed ...

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
A suite of amendments to Australia's superannuation legislation have been opened for consultation. The Federal Government has released draft legislation amending various pension related aspects of super legislation for consultation. On Monday, Assistant ...

Chief economist update: How would you vote if seated on the RBA board?

BENJAMIN ONG  |  TUESDAY, 5 MAR 2019
What's the time Mr. Wolf? It's the first Tuesday of a new month - it's time for the Reserve Bank of Australia's (RBA) scheduled monthly board meeting. Financial markets expect the RBA to do nothing this month but expectations further ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
The Federal Government has opened consultation on a proposal to remove the exclusion of insurance claims handling from the definition of financial service. Industry stakeholders were worried about the unintended consequences of removing the exclusion ...

Aussie fund manager opens New York office

KARREN VERGARA  |  MONDAY, 4 MAR 2019
A $10 billion Aussie fund manager is ramping up its US expansion with the hire of a local expert and flagging further executive appointments. Bennelong Funds Management's new subsidiary BennBridge US will distribute a number of its existing investment ...

Financial advisers evolving as wealth managers: Report

KARREN VERGARA  |  MONDAY, 4 MAR 2019
Financial planners are increasingly repositioning themselves as asset allocators instead of stock pickers, according to Investment Trends. The research firm's survey of nearly 1000 financial planners and stockbrokers found about one in four (25%) ...

Perpetual announces Fulbright scholar

KANIKA SOOD  |  MONDAY, 4 MAR 2019
Perpetual has announced the winner of 2019 Fulbright professional scholarship in non-profit leadership, funded through its $51 million public ancillary fund. Adam Davids is the director of learning at a non-profit that creates internship opportunities ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
The "Year of the Pig" is turning out to be what it signifies - prosperity, good fortune and success. This is no truer than from the land the 12 animal signs of the lunar calendar zodiac originated - China. This is against consensus expectations that ...

New fund to invest in low-carbon Aussie stocks

KANIKA SOOD  |  FRIDAY, 1 MAR 2019
A global manager has launched a new fund to invest in ASX-listed companies that have a lower exposure to carbon emissions and fossil fuel companies. The Russell Investments Low Carbon Australian Shares Fund will use the S&P/ASX 300 Accumulation Index ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
US economic growth has slowed in the final quarter of 2018. US economic growth continues to accelerate in the last quarter of 2018. Both are correct statements. It only depends what measurement of US GDP growth rate is used. The US Bureau of Economic ...