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Showing 6001 - 6010 of 14214 results for "Interest"

HESTA appoints new insurer

DARREN SNYDER  |  FRIDAY, 26 MAY 2017
HESTA is joining the list of industry superannuation funds to move away from CommInsure as its group insurer. As part of a regular review of its insurance arrangements, the $39 billion industry fund announced it will appoint AIA Australia as its insurer ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
Two industry associations that collectively speak for more than 100,000 self-managed superannuation fund trustees are merging to create a united voice. The Self-managed Independent Superannuation Funds Association, established in 1998 to represent the ...

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
... pressure on the Chinese yuan that, in turn, would reduce the country's foreign exchange reserves; then there's the higher interest rates on foreign borrowing due to the lowered credit rating that would flow onto more expensive funding to Chinese corporates ...

Super assets hit $2.3 trillion

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
Superannuation assets including MySuper reported double-digit growth in the 12 months to March, according to quarterly figures from APRA. While total superannuation assets grew to $2.3 trillion, up 11.2% on the prior year, MySuper assets (part of the ...

"Shunned" investment strategy generating massive returns

KARREN VERGARA  |  THURSDAY, 25 MAY 2017
... essentially a zero risk premium, but when the GFC hit, the capital was ravaged by 50%. But in the last 12 months or so when interest rates bottomed, these securities have generated a 40% for the investment manager. Dawson forecasts interest rates will ...

AI to influence consumer trust: Medcraft

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2017
Businesses looking to integrate enhanced technological capability must consider its future impacts, or else risk creating a greater trust deficit in the financial services industry. That was the warning delivered by ASIC chairman Greg Medcraft in his ...

Foreign trust disclosures overhauled in NZ

DARREN SNYDER  |  WEDNESDAY, 24 MAY 2017
Foreign trusts generating foreign income in New Zealand will now face significant disclosure requirements but still won't have any NZ income tax obligations. Christchurch-based Mackay Bailey director Michael Woodward said the new disclosure requirements ...

CFA Institute investigates ESG investment gap

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2017
The CFA Institute is partnering with a United Nations-backed organisation to determine why investment managers aren't standardising environmental, social and governance factors across all asset classes. CFA Institute, together with the Principles for ...

Western Asset hires investment specialist from UBS

ALEX BURKE  |  WEDNESDAY, 24 MAY 2017
... Kirkham said: "We have created this role in response to the increased level of interests for our bond funds. In this low interest world investors are keen to construct a well-diversified and balanced portfolio and to utilise best of breed fixed income ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... monetary policy settings anytime soon. Coure told his audience at a conference at the Paris School of Economics that, "When interest rates are negative some people complain, we think that it clearly contributed overall to the effectiveness of monetary ...