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Showing 591 - 600 of 1786 results for "strength."

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
Down, down, the US dollar is down (again). Bloomberg's USD index shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic ...

Mercer increases Japanese footprint via acquisition

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
Mercer is expanding its reach in the Japanese asset management market, acquiring a $7.4 million multi-manager. Mercer has entered an agreement to purchase BFC Asset Management, an independently-owned firm focused on providing alternative investment ...

Macquarie Wrap SMAs accrue landmark FUM

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
In just three years Macquarie Wrap's separately managed accounts have amassed more than $1 billion in funds under administration. Reflecting strong interest from advisers and clients seeking flexibility and efficiency, Macquarie Wealth Management head ...

Blue Sky scores major pension fund mandate

ALEX BURKE  |  THURSDAY, 21 DEC 2017
Blue Sky Alternative Investments has entered into an agreement with one of Canada's largest pension investment managers, which oversees about $140 billion in assets. Blue Sky explained that subject to regulatory approval by the Foreign Investment Review ...

ANZ attempts sale to Chinese conglomerate, blocked by NZ regulator

ALEX BURKE  |  THURSDAY, 21 DEC 2017
ANZ's attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand's Overseas Investment Office. HNA Group has been in talks to purchase UDC Finance, an asset financing firm acquired by ANZ Bank New Zealand in 1980. ANZ ...

Cromwell appoints chief capital officer

ALEX BURKE  |  WEDNESDAY, 20 DEC 2017
Cromwell Property Group has appointed a new chief capital officer. Simon Garing joins Cromwell from Bank of America Merrill Lynch Hong Kong, where he was deputy director of research - Asia-Pacific. Prior to that, he was head of real estate research ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
Australians all let us rejoice and have ourselves a merry little Christmas! The Australian Bureau of Statistics' (ABS) Labour Force report shows a sharp jump in employment in November no matter how it's measured. Look at the seasonally adjusted estimates ...

Grant Samuel wins RE mandate

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
Grant Samuel Funds Management is the new responsible entity of the Munro Global Growth Fund. Following approval by shareholders, GSFM has replaced Munro Asset Management - the AFSL holder for Munro Partners - as responsible entity of the fund. In June ...

REST Industry Super names new chief executive

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
REST Industry Super has appointed a director of AMP's corporate super business as its new chief executive. Vicki Doyle replaces long-serving REST chief executive Damian Hill who steps down from the top job in January next year. Doyle was most recently ...