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BENJAMIN ONG  |  MONDAY, 30 JAN 2017
... not beyond the Fed to do this. For example, it has raised rates five times between June 1999 and May 2000, taking the fed funds rate from 4.75% to 6.50% and seven times between April 1994 and February 1995 (from 3.00% to 6.00%. Perhaps this time is different. ...

UniSuper partners to bridge financial literacy gap

JAMIE WILLIAMSON  |  FRIDAY, 27 JAN 2017
... the fund's innate goal of creating positive retirement outcomes for members. "As one of Australia's largest superannuation funds, we have a responsibility to educate our members and help them prepare for the increasingly complex financial environment," ...

Hedge funds riding wave of uncertainty: AIMA

ALEX BURKE  |  FRIDAY, 27 JAN 2017
Capitalising on uncertainty in global markets, hedge funds outperformed bonds and equities on a risk-adjusted basis throughout 2016. New research from the Alternative Investment Management Association (AIMA) and Preqin found that over the year, hedge ...

BT Investment Management expands team

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... markets. Amy Xie Patrick was also appointed as a portfolio manager and will focus on emerging markets. "Sustained growth of our funds under management and strong client demand for our products have driven our decision to expand the team. I am delighted ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

From strength to strength

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
... All well and good but this also raises the prospect of more than the expected three 25 basis point hikes in the federal funds rate this year. More so given the inflation outlook embedded in the Markit survey. As per Markit, "The rate of input price inflation ...

Zurich hire grows retail risk business

DARREN SNYDER  |  TUESDAY, 24 JAN 2017
... consultant activities and client services across institutional and retail distribution channels for all listed and unlisted funds. Mitchell will report to head of distribution, life and investments, Kristine Brooks, and take responsibility for driving ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... Hunter Hall's financial performance; Hunter Hall Investment Management remains the manager of HHV; and Hunter Hall's total funds under management remains above $900 million. The firm added if Pinnacle is successful only in acquiring Peter Hall's remaining ...

JANA executive director retires

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... $7 billion industry super fund. David Holston, who worked at JANA for 17 years, was also an Association of Superannuation Funds of Australia director from 1996 to 2007. He has now joined Statewide Super both as a director and chair of the fund's investment ...

Challenger names fixed income head

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
... began his career in 1993 as a financial analyst with Westpac. Commenting on the appointment, Challenger's chief executive of funds management, Ian Saines said: "Victor's experience as an investor as well as in leading business development opportunities ...