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Showing 831 - 840 of 2181 results for "In March"

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
... non-manufacturing sector (services) remains in expansion while manufacturing activity has rebounded into expansion territory in March and April this year after contracting in December, January and February. Not only that, latest updates show other Chinese ...

Chief economist update: Same challenges, differing reactions

BENJAMIN ONG  |  THURSDAY, 9 MAY 2019
... forecast variables" from the "Monetary Policy Statement, May 2019" release shows the RBNZ expects the OCR to drop from 1.8% in March 2019 to 1.4% by March next year. This compares with the bank's February prediction for steady interest rates (at ...

Financial advice drags BTFG results

KARREN VERGARA  |  MONDAY, 6 MAY 2019
... its parent company Westpac announced it will realign its wealth strategy and BTFG will cease as a standalone division in March. BTFG said the group's advice business was loss making and after exiting the financial advice industry, it expects to save ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... foretell of further weakness going forward. Eurozone consumer confidence fell to a reading of -7.9 in April from -7.2 in March as households became more pessimistic about their financial situation and the economic situation - portending continued weakness ...

Pendal profits plunge, advisers remain positive

KANIKA SOOD  |  THURSDAY, 2 MAY 2019
... past few years. Westpac started selling down its stake in BT Investment Management in 2015. BTIM rebranded to Pendal in March last year. Gonzalez said Westpac will continue to be an important relationship for the business. "There may be less concentration ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
... difficult and the most intellectual." More so for the Fed that's caught between two-lows: low unemployment rate (3.8% in March which is a point above a 49-year low) and low inflation - headline and core PCE price index below target at 1.5% and 1.6% ...

Westpac reveals Magnitude, Securitor adviser remediation

HARRISON WORLEY  |  WEDNESDAY, 1 MAY 2019
... planners, which stands at 28% after it announced a $260 million hit to first half cash earnings due to remediation costs in March. About half of that figure relates to the bank's financial advice business, Westpac said at the time. Westpac said it ...

Members dismiss intra-fund advice: Poll

KARREN VERGARA  |  MONDAY, 29 APR 2019
... ASIC said. Industry Funds Services (IFS) chief executive Cath Bowtell flagged at the Conference of Major Super Funds in March that a working group is underway to urge regulators to expand the definition of intra-fund advice. Bowtell said the discussion ...

Super tax strategies a hot topic

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... were looking into strategies to manage or reduce their tax bill, AMP said. Some of the other issues raised by advisers in March included understanding the conditions for accessing super early; finding out how to access super at preservation age; how ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 24 APR 2019
... improving stats in America: US New Home Sales Jump to Near 1-1/2-Year High US Housing Starts Fall to Near 2-Year Low in March US Manufacturing Growth Holds Steady at Near 2-Year Low US Retail Sales Post Biggest Gain in 1-1/2 Years US Jobless Claims Drop ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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