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Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2006
... steady but we believe that the bank wants to gauge the impact of the May rate hike, the income tax cuts (which will kick in next month) and the current turmoil in equity markets on the overall outlook for economic growth and inflation before considering ...

Westpoint fundraiser's last minute dash

KATE HAGE  |  TUESDAY, 6 JUN 2006
... grant orders to appoint a receiver over Palentia, with the matter still "on foot," according to the spokesperson, with the next hearing scheduled for 13 June.

BNPPSS zooms in on Asian opportunities

KATE HAGE  |  MONDAY, 5 JUN 2006
... measurement platform, which he says enables clients a more efficient way of evaluating risk and simplifies reporting. "Then the next step for us is in improved automatic trade processing, it is something we plan to roll out very soon and it will enable ...

Asgard logs on to direct shares through Praemium

... selected Praemium. Asgard Wealth Solutions' chief executive, Geoff Lloyd, said, "This is all part of our plan to bring a next generation shares offering with enhanced trading, settlement and reporting capability to the market...It's all about 'making ...

Walter Scott Global Equity still recommended: Zenith

... retaining top talent. "However, the acquisition terms of the deal provide for part of the consideration to be paid out over the next four years, with the amount to be determined by the firm's profitability. This should support Walter Scott and Alan McFarlane's ...

INVESCO global funds back to four stars

HAMISH MADDEN  |  WEDNESDAY, 31 MAY 2006
... Matrix Funds (hedged and unhedged) - had their four star ratings reinstated and will be reviewed again as part of Navigator's next international equity sector review, when Navigator hopes to gain a more meaningful account of the recent initiatives.

Plum head of business departs

KATE HAGE  |  WEDNESDAY, 31 MAY 2006
Major corporate superannuation fund Plum Superannuation will lose its head of business development next month. Alex Kleiman, who helped grow the group following its full acquisition by MLC in 2003, will leave to join research house Chant West Financial ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 29 MAY 2006
... Reserve would be force to raise interest rates again when the Federal Open Market Committee (FOMC) meets again at the end of next month. But financial market sentiment turned rosier following the upward revision in US real GDP growth for the March quarter. ...

Tribeca joins The Washington Post

... success." Meanwhile, Tribeca's chief executive Adam Davis said that joining forces with Kaplan positions the company well for its next phase of growth. Michelle Baltazar

Daily economic update

BENJAMIN ONG  |  THURSDAY, 25 MAY 2006
... increased by 0.8 per cent and unfilled orders went up by 1.5 per cent. The weak report has revived expectations of a Fed pause next month. Another weak report. The ABC/Washington Post consumer comfort index fell to a six-month low of minus 18 in the ...