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BENJAMIN ONG  |  MONDAY, 31 JUL 2017
Wall Street's on a tear with all of the equity market's benchmark indices - S&P 500; Dow Jones; Nasdaq; Russell 2000 - hitting record highs last week. The most proximate cause is, of course, the strong June quarter earnings results. According to Factset ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
Australian inflation has decelerated - headline inflation slowed to 1.9% in the year to the June quarter from 2.1% in the March quarter. Yet it's also picked up - the weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
In his interview with 'The Independent' earlier this month, the Bank of England's (BOE) MPC external member Gertjan Vlieghe cautioned: "This is an environment where a premature hike would be a bigger mistake than one that turns out to be slightly late." ...

Responsible AUM strengthens

KARREN VERGARA  |  TUESDAY, 25 JUL 2017
... responsible investments comprise $622 billion of AUM as at December 2016, up 9% from $569 billion in 2015 (RIAA's 2015 figure of $633.2 billion was revised due to a change in research methodology). The biggest deterrent to growth, respondents said, is ...

Surge in adviser demand for managed accounts: Research

KARREN VERGARA  |  MONDAY, 24 JUL 2017
... managed accounts have almost trebled in the last four years, joint research from NAB and Investment Trends shows. This figure has jumped "very substantially" from 10% in 2013 to 26% in 2017 with financial planners indicating they have clear intentions ...

Asset managers feeling profit squeeze

KARREN VERGARA  |  FRIDAY, 21 JUL 2017
Profit margins of asset managers globally contracted for the first time since the Global Financial Crisis, research from the Boston Consulting Group shows, warning fee pressures are continuing to rise across the industry. Despite global assets under ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... "quite high by international and historical standards" and said ADIs would need to immediately take steps to reduce this figure to below 30%. It also follows pressure on banks' valuations post-Budget when the Government introduced a levy of 0.015% of ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
Here we go again, extrapolating as we go. After projected to fall to US$0.70 (or less) only last month, the tide has turned for the Australian dollar after it jumped to a 26-month high versus the greenback to US$0.7933. It's now extrapolated to keep ...

AustralianSuper posts annual investment results

EMMA RAPAPORT  |  FRIDAY, 7 JUL 2017
... taxes and fees, the investment option returned 12.44% for the 2016-17 financial year. According to AustralianSuper, this figure represents the fourth year out of five with double digit returns, and the eighth consecutive year of positive returns since ...