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Showing 851 - 860 of 4539 results for "Dollar"

Former Millennium3 adviser banned

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... were significantly higher than Foster disclosed to clients and that Foster disclosed fees in percentage terms rather than dollar values, failing to comply with the requirements for a Statement of Advice (SOA). Forster was an authorised representative ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... Similarly, the MSCI emerging market index is up 9.1%, reversing the 7.5% loss recorded in 2018. The sixty-four million dollar question is does the equity rally have legs? Will global equities continue to march higher through to end-2019? In a way, I've ...

Australia's wealth takes half trillion hit

HARRISON WORLEY  |  MONDAY, 15 APR 2019
Latest research shows Australia lost close to half a trillion dollars in wealth at the end of 2018. According to Roy Morgan's latest Single Source Survey, the gross personal wealth of Australians (including owner-occupied homes) is currently around ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
Early New Year predictions the Australian dollar would depreciate by the end of 2019 have been given a boost by the International Monetary Fund's (IMF) 'World Economic Outlook, April' report where it shaved its world GDP growth forecast ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... 1.1% versus the greenback this year to date, still short of reversing the 2.7% appreciation against the strengthening US dollar it notched up in 2018. The yen has appreciated by 0.5% versus the euro this year to date, after strengthening by 7.0% in 2018. ...

Vanguard launches ETF, appoints new lead

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
A new Vanguard ETF commenced trading on the ASX this morning, just as the company announces a new investment head for the Australian quantitative equities business. The Vanguard Global Multi-factor ETF (ASX: VGMF) aims to outperform the international ...

Colonial acquisition cost CBA shareholders $53bn: Merlon

KANIKA SOOD  |  TUESDAY, 9 APR 2019
CBA's decision to purchase Colonial under then chief executive David Murray destroyed $53 billion of value to shareholders in today's dollars, says Merlon Capital Partners. Analyst Hamish Carlisle says CBA overpaid for Colonial in 2000, and ...

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
The Federal Government's response to the Royal Commission into Misconduct in Financial Services is set to cost more than half a billion dollars. The Federal Government has committed $606.7 million over the next five years to facilitate its response ...

Don't expect super favouritism: Bowen

HARRISON WORLEY  |  MONDAY, 1 APR 2019
If Labor wins the upcoming Federal Election, don't expect the new Treasurer to go easy on underperforming funds - industry or otherwise. Speaking at an FSC BT Political Series lunch at Doltone House in Sydney last week, Shadow Treasurer Chris Bowen ...

Channel Capital signs on new partnership

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
... are competitive. Despite geopolitical noise, global economic growth remains supportive as does potential moderation in US dollar strength," Malloy said. The new fund has a recommended rating from Zenith and is currently available on Powerwrap, with new ...