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Showing 581 - 590 of 1786 results for "strength."

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
Toto, we're still in Kansas! The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy grew by 2.4% in the year to the December quarter - a tad slower than the 2.5% annual growth rate recorded in the same quarter of last ...

Insto mandate seeds Aviva fund launch

DARREN SNYDER  |  TUESDAY, 6 MAR 2018
A global institution is placing $225 million with Aviva Investors to be the asset manager's cornerstone investor for its latest fund launch in Australia. Last month Aviva Investors chief executive Euan Munro revealed the firm, via its new mandate win ...

Legg Mason affiliate divests tobacco, cluster bombs

ALEX BURKE  |  WEDNESDAY, 28 FEB 2018
A Legg Mason affiliate is divesting investments linked to tobacco and cluster munitions in its fixed income strategies. Western Asset is removing these investments in the Legg Mason Western Asset Global Bond Fund and Legg Mason Western Asset Australian ...

BetaShares expands in Queensland

ALEX BURKE  |  TUESDAY, 27 FEB 2018
BetaShares is opening an office in Brisbane alongside a round of senior appointments to boost its national footprint. Leading BetaShares' Queensland presence is Craig Higson, who joins the ETF manager from SuperConcepts, where he was SMSF solutions ...

YBR's wealth arm gaining ground

KARREN VERGARA  |  MONDAY, 26 FEB 2018
Yellow Brick Road's (YBR) wealth business and its digital advice strategies have helped boost the firm's 1H18 performance. In the six months to December, the wealth business reported a 7% increase in revenue to $6.5 million on the prior year. YBR's ...

Chief economist update: The real growth in wages

BENJAMIN ONG  |  THURSDAY, 22 FEB 2018
It's certainly welcomed but nothing to write home about. I speak about the Australian Bureau of Statistics' (ABS) Wage Price Index (WPI) report that revealed growth in total wages accelerated to 2.1% in the December quarter from 2% in the previous quarter. ...

Chief economist update: RBA sees wages growth recovering but it's not guaranteed

BENJAMIN ONG  |  WEDNESDAY, 14 FEB 2018
The latest NAB business survey indicates that Australian business conditions and confidence started the year 2018 on a stronger footing and before the wailing on Wall Street happened in early February, providing succour to the domestic economy should ...

BetaShares and Legg Mason join forces

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2018
A new suite of active exchange-traded funds will be made available via a long-term strategic partnership between BetaShares and Legg Mason. Under the partnership BetaShares and Legg Mason will initially launch two active ETFs with an income objective ...

Performance fees drive Janus Henderson post-merger revenues

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
Janus Henderson's pro-forma adjusted revenue increased by 11% in the 12 months to 31 December 2017, driven by investment performance and higher average assets under management. Janus Henderson said strong markets delivered a 9% average increase in AUM ...

Industry fund appoints former Queensland state politician

JAMIE WILLIAMSON  |  MONDAY, 5 FEB 2018
A former deputy premier of Queensland will lead the board of a $50 billion superannuation fund after it opted to scrap its traditional means of chair selection. Replacing Ben Swan, Sunsuper has appointed Andrew Fraser as its new chair. Fraser was deputy ...