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Showing 971 - 980 of 4541 results for "Dollar"

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
Praemium's revenue grew by 22% over the previous year, buoyed by new client wins and funds pouring in from its Australian and international businesses. The managed accounts provider generated $43 million in revenues for the year ending June 2018, up ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... on steel and aluminium. And down, down, down the Turkish lira went. It dropped to an all-time low of lira 6.3714 per US dollar at the end of last week's trading (10 August) - a 20.3% dive from the previous week's closing of lira 5.0766 and 40.9% ...

First on the block: CBA to develop blockchain bond

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
... allocated, transferred and managed using blockchain technology. The World Bank awarded CBA a mandate to develop the Australian-dollar Kangaroo bond - termed "bond-i" - with input from Northern Trust, QBE, and Treasury Corporation of Victoria. CBA said ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... official cash rate (OCR) of 1.75 would remain "at this level through 2019 and into 2020" sparked a sell-off in the New Zealand dollar. The NZ dollar fell 1.8% to US$0.6623 after the RBNZ's announcement from US$0.6743 the day prior. It's fallen ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
NULIS Nominees resisted increasing its spend on investment management, despite opinions from its super fund portfolio manager and asset consultant that its current investment fee budget wasn't adequate to boost the performance of its lagging MLC ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
The wealth management industry's ability to realise its full potential and social purpose will be underpinned by a diverse workforce and conscious capitalism, according to Pendal chief executive Richard Brandweiner. Brandweiner said the volume of ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
The Financial Services Council is launching a multi-million-dollar data project that will aggregate and distribute life insurance industry data. FSC chief executive Sally Loane announced the project's delivery in Melbourne today, the culmination ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... recent 2.1% increase in overall consumer prices means that growth in real wages are now nil. Then there's the Australian dollar - it dropped by 4.4% in the year to the June quarter which should raise the cost of imports that are in turn, passed onto ...

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
... moderate" and that "on balance, wage increases were modest to moderate". And of course, there's the appreciating US dollar that's preventing even higher inflation. However, the same "modest to moderate" increase in wages is negatively impacting ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
"I got chills, they're multiplying..." - Grease The Australian dollar is down! Repeat, the Australian dollar is down! At the time of writing, Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against ...