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Showing 721 - 730 of 2024 results for "AMI"

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
At first glance, the acceleration of China's year-on-year consumer price inflation in September to a seven-month high of 2.5% from 2.3% provides a positive indication that domestic demand remains healthy. However, the devil is always in the details. ...

RBC I&TS wins custody, fund admin mandate

JAMIE WILLIAMSON  |  MONDAY, 15 OCT 2018
RBC Investor and Treasury Services was awarded a custody and fund administration mandate by a $2 billion asset management boutique. Melbourne-based Warakirri Asset Management has appointed RBC I&TS to provide core custody, fund administration, registry ...

WAM pushes for HHY closure

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
Wilson Asset Management wants to shutter the underperforming Hastings High Yield Fund (HHY) amid the controversy surrounding Aurora Funds Management, which acts as its responsible entity. WAM is setting in motion a general meeting to urge HHY shareholders ...

Fidelity cuts management fees

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
Fidelity international has dropped the management fee on two of its funds. Fidelity's Global Emerging Markets fund and Global Equities Fund will charge a management fee of 0.99%. This reduces fees by 0.31% for the global emerging markets fund and 0.16% ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
Not-for-profit funds have been vindicated by the Royal Commission's "damning" preliminary findings into the retail super sector but can't afford to be complacent, according to the Australian Institute of Superannuation Trustees. Kicking off ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
Increased regulation is the biggest challenge facing asset managers today, followed closely by rising costs and decreased profit margins. Despite such headwinds, confidence in the ability to perform remains high, latest research shows. According to ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
"The mistake is to always wait, wait, wait until you have perfect certainty." - Bank of England Governor Mark Carney The Bank of England (BOE) finally went ahead and did it. It lifted the Bank Rate by 25 basis points to 0.75% at the conclusion of its ...

Montgomery Global IM opens New York office, hires analyst

KANIKA SOOD  |  THURSDAY, 5 JUL 2018
Montgomery Global Investment Management has opened an office in New York, with a view to being closer to the "research hub" and potentially raising capital from North American investors. It has $500 million in funds under management and is a subsidiary ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Best-in-show list addresses insurance gaps

KARREN VERGARA  |  FRIDAY, 22 JUN 2018
Creating a best-in-show list of default superannuation funds shouldn't overlook specific needs of members, particularly when it comes to life insurance, according to Cbus. The industry super fund told the Productivity Commission yesterday that while ...