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Showing 761 - 770 of 5174 results for "YES"

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... in the year to the March quarter - the same annual rate of growth recorded in the September and December quarters of 2018. Yes, Virginia - wage growth would have been weaker if not for the "regularly scheduled wage rises." Nothing organic! Private sector ...

Bravura raises $165m for GBST bid

KANIKA SOOD  |  FRIDAY, 3 MAY 2019
Bravura Solutions has raised $165 million as it circles financial administration services competitor GBST. Macquarie has underwritten the placement at $5.75 per share for 28.7 million shares to raise the $165 million. This represents a discount of 7.9% ...

Chief economist update: RBA May cut, May not

BENJAMIN ONG  |  FRIDAY, 3 MAY 2019
... margins, profits and lending capacity without doing much to boost the economy", as published in the Australian Financial Review. Yes Virginia, they're looking out for number one (politicking?), of course. I trust the RBA enough not to give in to ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
APRA is taking stock of its effectiveness since the 2013 Stronger Super reforms and flagged more improvements lay ahead for the superannuation sector. In a new information paper published yesterday, APRA said it aims to undertake a post-implementation ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
Swiss Re has agreed to take on the responsibility of designing and managing Freedom Insurance Group's customer remediation program. Freedom confirmed Swiss Re as the remediation manager, and Genus Life Insurance Services Pty Ltd as the third party to ...

Chief economist update: A good problem to have?

BENJAMIN ONG  |  TUESDAY, 30 APR 2019
If not for the "bubble" - yes, bubble - that's blowing into the equity market, the US Federal Reserve's problem of continued strong growth and below-target inflation is a good problem to have. This is underscored by the latest stat updates that ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
... interest rates is likely to be up rather than down) - now locks it in into not just one but two interest rate reductions. Yes, two rate cuts. While now rational rationales have emerged justifying RBA rate cut(s), Financial Standard had always relied ...

Watermark closes chapter on global equities

KARREN VERGARA  |  WEDNESDAY, 24 APR 2019
Watermark Funds Management has completed its global equity strategy exit and bid farewell to several directors. Watermark's Global Leaders Fund (WGF) and Market Neutral Fund (WMK) were removed from the ASX at the close of trade yesterday. The funds ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... surpassed their former peaks overnight. And the Dow is not far behind - it's off a mere 0.6% away from its all-time high. Yes Virginia, you can be forgiven for scratching your head, for it was just a month ago that fears of an upcoming US recession ...

Tribeca fund cops another departure, downgraded

KANIKA SOOD  |  WEDNESDAY, 17 APR 2019
Tribeca Investment Partners' $978 million Alpha Plus Fund has seen another departure from its investment team after long-standing portfolio manager Sean Fenton fled the coop earlier this month. Quantitative analyst Peter Moore resigned on April ...