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Showing 691 - 700 of 2720 results for "PIC"

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Departures on Aberdeen Standard fixed income team

KANIKA SOOD  |  WEDNESDAY, 18 SEP 2019
Two experienced investors have left Aberdeen Standard Investments' $4.8 billion Australian fixed income team and the manager is now flying in support from London and recruiting for a new credit investor. Jasmin Argyrou, investment director on Australian ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
Colonial First State Global Asset Management has kept its initials but picked a French name, as its chief executive and financial officer announce a rebrand and operational update under its new owner. CFSGAM will henceforth be called First Sentier Investments ...

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
The Kapstream Absolute Return Income Fund is shaving 15bps off its retail fees, as competition in the segment heats up and yields drop. The fund currently has about $3.8 billion of retail money and will go from charging 70bps to 55bps in annual management ...

Statewide still keen on mergers

KANIKA SOOD  |  MONDAY, 9 SEP 2019
All options are on the table at Statewide Super, including looking at potential retail fund partners, but three-way mergers are too much execution risk, according to chief financial and operating officer Grant Eastwood. Statewide canned plans to merge ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September ...

MLC terminates fund

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... MLC terminated another hedged global shares fund for wholesale investors, from its private investment consulting lineup. The PIC Wholesale Hedged Global Share Fund was terminated at the same time as the $50 million MLC Wholesale Hedged Global Share fund ...

Aussie super funds drop in world rankings

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Australia's superannuation funds have dropped in the global ranking of the world's largest pension funds. According to Willis Towers Watson's latest Thinking Ahead Institute/Pensions and Investments World 300 report, Australia's super ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
VanEck is changing the domicile of three ETFs to cut out US tax forms for investors and to introduce dividend reinvestment plans. VanEck Vectors Gold Miners ETF (GDX), VanEck Vectors Morningstar Wide Moat ETF (MOAT) and VanEck Vectors China AMC CSI ...

Chief economist update: This land is ours

BENJAMIN ONG  |  MONDAY, 2 SEP 2019
Five months and one day. This is the latest count since Hong Kongers started marching on the streets of China's Special Administrative Region (SAR) - on March 31 - protesting the withdrawal of the extradition bill proposed by China's "hand-picked" ...