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Showing 741 - 750 of 2042 results for "EIT"

Hedge funds fall out of favour with instos: Report

KARREN VERGARA  |  FRIDAY, 9 NOV 2018
New EY research shows investors are turning away from hedge funds and looking to private equity assets to uphold their alternatives portfolio. While hedge funds currently have the lion's share (40%) of institutional investors' alternatives portfolios ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
The last time we talked about oil, prices were surging and reaching for the skies. Crude oil price started to take off roundabout April this year after OPEC announced that its production cuts - starting on the 1 January 2017 and supposed to last for ...

Chief economist update: BOE waiting on Brexit

BENJAMIN ONG  |  FRIDAY, 2 NOV 2018
When the Bank of England's (BOE) Monetary Policy Council (MPC) unanimously voted to raise the Bank Rate by 25 bps to 0.75% on the 2nd of August, BOE governor Mark Carney was quoted as saying, "The mistake is to always wait, wait, wait until you ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

Chatbots will move from consumer finance to corporate: BAML

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Bank of America Merrill Lynch believes chatbot technologies could have applications in the wholesale and corporate side of banking as customers demand better ways to interact. Speaking at a SIBOS session in Sydney, Bank of America Merrill Lynch treasury ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Oaktree Capital Management cofounder Howard Marks says the current bull market is in a late stage but it could still go "up, sideways or down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in ...

Investors unfazed by market volatility: Spot poll

KARREN VERGARA  |  MONDAY, 22 OCT 2018
Recent share market turbulence is not spooking investors as the majority are adamant about holding onto their equity portfolio, Financial Standard's spot poll shows. Most readers (61%) said volatility raging in global and local share markets won't ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
Trump blamed the Fed for last week's heightened volatility on Wall Street and I agreed that he was correct when he ranted that, "The Fed is going loco and there's no reason for them to do it." This is because - as I wrote last Friday - America's ...

Advisers gain FASEA credits for existing qualifications

HARRISON WORLEY  |  SUNDAY, 14 OCT 2018
In his maiden speech to the financial advice industry, Assistant Treasurer Stuart Robert has revealed some advisers will receive up to four credit units of recognised prior learning under FASEA's new education requirements. Addressing delegates ...

Advice is valuable but advocacy issues abound

HARRISON WORLEY  |  FRIDAY, 12 OCT 2018
Australians need to experience financial advice first-hand to truly understand its financial, emotional and behavioural benefits. However, there are many issues hindering take-up. That is the underlying theme of the Association of Financial Advisers' ...