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| | | An $8.5 billion industry superannuation fund has committed more than $200 million to Kapstream Capital's new absolute return income strategy. Marking the latest in a series of mandates awarded this year, the Australian Catholic Superannuation and ... |
| | | | The Future Fund delivered a 9.3% annual return, taking Australia's sovereign wealth fund to $146 billion. It also added "moderate" risk in the period to take advantage of a shorter-term economic outlook which it says looks positive. Its 10-year return ... |
| | | | From "fake news", US President Donald Trump might label the Census Bureau's numbers on "International Trade in Goods" as "fake stats". It refutes his claim in March that "trade wars are good, and easy to win." The report shows America's balance ... |
| | | | Scott Morrison will be Australia's next Prime Minister, after he beat Peter Dutton 45-40 in a Liberal Party leadership ballot. The ASX 200 jumped on the news, after trending downwards since Monday. It hit its highest at 1.05pm, when it was up 0.33% ... |
| | | | Diversified financial services firm ClearView increased underlying net profit after tax (NPAT) in its wealth management and life insurance arms during FY18, however financial advice earnings dropped. Releasing its FY18 results yesterday, ClearView said ... |
| | | | Australia's Corporate Collective Investment Vehicle (CCIV) initiative received mixed responses from the global asset management community planning to ramp up cross-border strategies in the next five years, State Street research shows. Of the 250 ... |
| | | | 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 August 2, BOE governor Mark Carney was quoted as saying: "The mistake is to always wait, wait, wait until you have perfect ... |
| | | | J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ... |
| | | | Emerging markets had been rallying even before 2017 turned into 2018, outperforming developed markets - 27.8% versus 16.3% - at the end of last year. Those were the days of synchronised growth upswing, given more oomph by Trump's declared corporate ... |
| | | | "Wage growth in Australia has grown at an annual rate of 2.1%, continuing to stabilise between 2-2.1% over the past four quarters." That's the positive spin from ABS chief economist Bruce Hockman. Not necessarily negative - wages are still growing ... |
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