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Showing 8581 - 8590 of 21783 results for "Dec"

Idle technology leaves super fund members behind

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
As superannuation funds grapple with digital advancement, their young membership base become further disconnected from the wealth and super system, according to a Zuper co-founder. Chief product officer and co-founder Jon Holloway told yesterday's ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Digital custody evolutionary, not revolutionary: SIBOS

HARRISON WORLEY  |  THURSDAY, 25 OCT 2018
A SIX executive told SIBOS delegates moving to a complete digital custody system in one go would prove to be a challenge for the global financial services industry. Speaking at the SIBOS conference in Sydney on Tuesday morning, SIX head of product management ...

Digital advice engagement spikes for super members

KARREN VERGARA  |  THURSDAY, 25 OCT 2018
More superannuation members are using online advice technology to engage with their fund, the latest report from Decimal shows. Decimal's annual digital insights study found in the year to June 2018, the number of requests from superannuation fund members ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

AMP divests life business

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
AMP will exit life insurance in 2019, following a $3.3 billion sale of its wealth protection business. It will also divest its New Zealand wealth management and advice businesses via an IPO. The completion of an AMP portfolio review led to the divestments. ...

Private equity will become bigger than hedge funds: Research

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
Private equity is poised to overtake hedge funds, becoming the largest asset class in alternatives in the next five years, according to new Preqin research. Preqin predicts assets in alternative investments will hit $19 trillion by 2023, up from $12 ...

Chief economist update: The winter of Australia's discontent

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2018
It would be the winter of Australia's agriculture sector if Rabobank's 'Winter Crop Production Outlook' report is any guide. The specialist agribusiness bank predicts that the country's national harvest would drop by 23% in the 2018/19 ...

Chatbots will move from consumer finance to corporate: BAML

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Bank of America Merrill Lynch believes chatbot technologies could have applications in the wholesale and corporate side of banking as customers demand better ways to interact. Speaking at a SIBOS session in Sydney, Bank of America Merrill Lynch treasury ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Perpetual's corporate trust business has launched a data analytics platform for banks and investors to analyse portfolio performance against Australia's $200 billion mortgage market. The Perpetual Business Intelligence Platform includes a newly-launched ...