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Showing 871 - 880 of 3397 results for "ABS"

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
... 1.06% (1.13%) as investors switched to these relatively higher yielding assets. The Australian Bureau of Statistics' (ABS) 'Labour Report' for August did it. Total employment grew by 34,700 heads in August - more than three times market expectations ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Northern Trust chair defends Woodford loan

ELIZABETH MCARTHUR, KANIKA SOOD  |  TUESDAY, 17 SEP 2019
Northern Trust chair and chief executive Michael O'Grady has defended the company giving an embattled Neil Woodford fund added flexibility on a £150 million loan. The British fundie famously took to YouTube to apologise to investors after his fund ...

Kapstream cuts fees on flagship fund

KANIKA SOOD  |  WEDNESDAY, 11 SEP 2019
The Kapstream Absolute Return Income Fund is shaving 15bps off its retail fees, as competition in the segment heats up and yields drop. The fund currently has about $3.8 billion of retail money and will go from charging 70bps to 55bps in annual management ...

Suitability of managed accounts grows

HARRISON WORLEY  |  TUESDAY, 10 SEP 2019
Managed accounts are becoming more suitable for a broader range of clients, attendees of the 2019 Financial Standard Managed Accounts Best Practice Forum have heard. Speaking at Financial Standard 's Managed Accounts Best Practice Forum in Sydney this ...

Female ASX200 chief executives drop

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
The number of women in chief executive positions in the ASX200 has fallen from 14 in 2018 to just 12 today. The Chief Executive Women 'ASX200 Senior Executive Census 2019' revealed the disappointing figures for women in leadership positions. ...

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
Northern Trust will have to approve any investments made by Neil Woodford, who famously took to YouTube to apologise for the suspension of his fund, in a fresh blow for the fundie. On Friday, Woodford Patient Capital Trust announced to the London Stock ...

Portfolio manager departs

KANIKA SOOD  |  FRIDAY, 6 SEP 2019
The portfolio manager of a $1 billion unconstrained income fund distributed under the GSFM banner in Australia has left the fund after 17 years. Brad Boyd managed Payden & Rygel's Payden Global Income Opportunities strategy which launched in its ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... addition to GDP because imports dropped by 1.3% "across the board with declines in all major categories", according to the ABS) but at the same time, indicative of weakening domestic demand - and the June quarter GDP growth would have been negative. ...