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Showing 701 - 710 of 1787 results for "strength."

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2016
Australia business confidence The Reserve Bank of Australia's (RBA) 25bps cut in the official cash rate to 1.50% in August helped lift the NAB business confidence indext from a reading of plus 4 in July to plus 6 last month - consistent with its long-term ...

JP Morgan renews DCC mandate

JAMIE WILLIAMSON  |  MONDAY, 12 SEP 2016
JP Morgan has won a mandate, allowing the firm to continue to deliver direct custody and clearing (DCC) for one of its long-standing clients in Australia and New Zealand. Following a competitive tender and due diligence process, JP Morgan was reappointed ...

NAB partners with global custodian

ALEX BURKE  |  WEDNESDAY, 7 SEP 2016
NAB has completed the transition of its asset servicing business. Citi will now act as global custodian for NAB Asset Servicing; the strategic partnership was originally announced in 2015 and will, in the bank's words, "provide NAS customers direct ...

Former Westpac exec joins YBR

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
Yellow Brick Road (YBR) has appointed a former Westpac executive as general manager of its wealth division. Adam Youkhana, most recently head of partnerships and private banks for financial planning at Westpac, now leads YBR's wealth management business ...

Future Generation marks first year with strong performance

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2016
Future Generation Investment Company (FGX) and Future Generation Global Investment Company (FGG) have delivered their first full year results. FGX has reported a 28.6% lift in after-tax profit, jumping to $14.62 million from $11.37 million last year. ...

Frontier appoints associate

DARREN SNYDER  |  THURSDAY, 1 SEP 2016
Asset consultant Frontier Advisors has hired a new associate, marking the tenth consulting team appointment in the past year and expanding the firm's staff to 54. Joining Frontier from 26 September is Madeline Chelper. She will be involved across a ...

Finsia appoints new CEO

ALEX BURKE  |  THURSDAY, 25 AUG 2016
Finsia has appointed a new chief executive. Chris Whitehead joins Finsia from consulting firm BITPaC, where he was principal. Prior to that, he was chief executive of Credit Union Australia from 2009 to 2015, having been regional director, Scotland ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 24 AUG 2016
Markit flash US manufacturing PMI Markit Economics' flash US manufacturing purchasing managers' index (PMI) eased to a reading of 52.1 in August from July's nine-month high level of 52.9 on the back of continued solid strength in production. While the ...

Flat Australian dividends help case for global diversification

MARK SMITH  |  MONDAY, 22 AUG 2016
The latest Henderson Global Dividend Index reinforces the need for Australian investors to seek income in offshore markets as Australian equities continued to produce flat dividends. Dividends in Australia fell 0.2% on an underlying basis in the three ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
Australia employment It was good, but not as good as the headline numbers suggests. Australian businesses hired an additional 26,200 workers in July - more than market expectations for an increase of 10,000 and the biggest monthly rise since the "questionable" ...