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BENJAMIN ONG  |  MONDAY, 30 JAN 2017
Yes people, we are now staring at Dow 20,000! For sure, the Dow as an equity market measure is flawed and that in terms of market and economic fundamentals, this means diddly-squat. However, in the world of technical analysts, this is the mark where ...

Australia must curtail its debt binge in 2017

ALEX BURKE  |  FRIDAY, 27 JAN 2017
Australia's highly levered economy could pose serious problems down the road, according to a new Columbia Threadneedle report. Columbia Threadneedle's head of government and foreign exchange, Matthew Cobon, singled out Australia and New Zealand as countries ...

Hedge funds riding wave of uncertainty: AIMA

ALEX BURKE  |  FRIDAY, 27 JAN 2017
Capitalising on uncertainty in global markets, hedge funds outperformed bonds and equities on a risk-adjusted basis throughout 2016. New research from the Alternative Investment Management Association (AIMA) and Preqin found that over the year, hedge ...

HLB appoints director, outlines plans

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
HLB Mann Judd welcomed a new director and head of its restructuring and risk advisory division in Brisbane. Most recently the head of legal for Standard Bank Group in Hong Kong, Chew Mar joins HLB Mann Judd to oversee the firm's corporate restructuring ...

Government repeats fintech focus

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
Addressing the G20 Conference, Federal Treasurer Scott Morrison praised robo-advice and called on other governments to begin considering investing in 'regtech'. Speaking in Wiesbaden, Germany, Morrison told delegates more must be done to evolve and ...

CBA and Queensland Treasury build blockchain bond

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
Commonwealth Bank issued the world's first government bond built using blockchain. The bank created a cryptobond for Queensland Treasury Corporation via its capital markets blockchain platform, the first of its kind both in Australia and globally. QTC ...

BT Investment Management expands team

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
BT Investment Management is increasing its income and fixed interest capabilities with two appointments. Tim Hext is joining as a portfolio manager with a focus on the Australian and New Zealand markets. Amy Xie Patrick was also appointed as a portfolio ...

A minor slip but still going stronger

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
The strong US dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since ...

From strength to strength

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
It may be difficult to swallow latest survey data but President Trump's reflationary agenda has brought out the animal - animal spirits that is - among US manufacturers. This is the indication from the just-released Markit Flash US Manufacturing PMI. ...

Zurich hire grows retail risk business

DARREN SNYDER  |  TUESDAY, 24 JAN 2017
Zurich is welcoming a new national sales manager for its retail risk business as the life insurer reshapes its overall proposition. Stepping in to the role is Peter Mitchell, who joins Zurich from State Street where he was managing director and head ...