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Showing 701 - 710 of 3224 results for "April 3"

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... foretells continued improvement. The IHS Markit Eurozone PMI composite index increased to a reading of 57.1 in May from 53.8 in April - the highest since February 2018 and the third straight month indicating expansion. The manufacturing sector recorded ...

ASX invests in GROW Inc

KANIKA SOOD  |  FRIDAY, 11 JUN 2021
ASX has acquired a minority stake in fast-growing superannuation administrator GROW Inc. In a statement, the exchange said the investment aligns closely with ASX's strategy to drive efficiency in financial services using distributed ledger technology ...

Chief economist update: US inflation may not be as transitory as the Fed believes

BENJAMIN ONG  |  FRIDAY, 11 JUN 2021
... exact), but sold off three days later when the same agency revealed that headline inflation rose by 0.8% over the month of April - the biggest increase since June 2009 and four times above market expectations for a 0.2% gain - taking the annual headline ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

MLC Life appoints claims chief

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
MLC Life Insurance has appointed its new chief claims officer, who left QBE after more than 16 years with the insurer. On August 16, Andrew Beevors will take on the role of chief claims officer, reporting directly to chief executive Rodney Cook. Beevors ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
Inflation? What inflation? We need inflation. While many, if not most, of its central bank peers - led by the Fed -- are pushing back against inflation concerns, the Bank of Japan (BOJ) cannot seem to drive growth in the country's consumer prices ...

Hostplus holds on to MySuper top spot

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
Hostplus remained the best performing single-strategy MySuper option in the year ending April, as superannuation's rebound continued. The Rainmaker MySuper Index returned 18.7% in the 12 months to April. The month's returns were 70bps lower ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
Audits of defunct stockbroker Halifax have resulted in the first criminal charges ever laid in Australia for failure to comply with auditing standards. EC Audit and its director Robert Evett have been charged with breaches of auditing standards and ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
About 15% of CFAs working as investment professionals had a pay cut related to COVID-19, according to a new survey that says pay remained relatively resilient during the pandemic. CFA Institute surveyed 4600 investment professionals from its member ...

AUSIEX launches, announces leadership team

KARREN VERGARA  |  TUESDAY, 8 JUN 2021
Commonwealth Bank's former trading platform for financial advisers, now known as AUSIEX, has unveiled its executive lineup after being acquired by a Japanese firm. CommSec Adviser Services (CAS) has rebranded to AUSIEX (Australian Investment Exchange) ...