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Showing 8431 - 8440 of 21779 results for "Dec"

Chief economist update: Fed fail

BENJAMIN ONG  |  THURSDAY, 20 DEC 2018
We might just be heading to witness once again the truth about the old adage on Wall Street that "a bull market doesn't die of old age, the Fed murders it." As expected, the US Federal Reserve raised the fed funds rate by 25 basis points to 2.25%-2.5% ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
These are the 2018 Financial Standard stories to have in your back pocket for summer discussions around the barbeque. Shuttering dividend cash loophole to hit SMSFs In March the ALP proposed to eliminate cash refunds from excess dividend imputation ...

Shareholders put NAB board in the hot seat

KARREN VERGARA  |  WEDNESDAY, 19 DEC 2018
NAB executives were slammed for destroying shareholder value and for losing its lead as Australia's biggest bank by market capitalisation at its annual general meeting in Melbourne this morning. One shareholder during the question and answer session ...

Final call for 2019 Chief Economists Forum

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
There are five economic factors that will determine whether investors add more risk to emerging markets portfolios in 2019. It's also at a time when EM equity valuations are relatively cheap yet investor sentiment is dim. Previewing the 2019 Financial ...

Former adviser charged over super theft

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
A former financial adviser was charged with 20 dishonesty offences after stealing clients' superannuation savings for his own use. Daniel McSweeny appeared in Downing Centre Local Court in Sydney this week facing 20 charges relating to dishonest conduct ...

Investors to move on property before election: BlackRock

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
The world's largest asset manager can't see the bottom of Australia's housing downturn and it expects investors to be ahead of the game. Giving its global investment outlook for the year ahead, BlackRock said softening house prices might lead investors ...

Industry fund awards $180m fixed income mandate

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
A $7 billion industry superannuation fund awarded a $180 million fixed income mandate to a US-based fund manager. Energy Super, a superannuation fund managing the retirement savings of about 47,000 Australians, awarded the fixed income mandate to Payden ...

Raiz expands offshore

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
Raiz Invest received the green light to distribute products across south-east Asia. The ASX-listed firm announced it secured a licence to distribute mutual funds via subsidiary PT Raiz Invest Indonesia. Managing director George Lucas said Raiz has progressed ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
A boutique financial advice business has had its AFSL cancelled for failing to adequately manage conflicts of interest after clients were advised to invest their superannuation in the practice. ASIC has cancelled the AFSL of Evermore Money Management ...