Interest rates

POLL-RBNZ to hike rates for the first time in 7 years to calm the booming economy

Band Vivek Mishra BENGALURU, October 1 (Reuters) – New Zealand’s central bank, facing above-target inflation and an economy on the verge of overheating, will hike rates for the first time in seven years on Wednesday after a COVID-19 outbreak has left it behind. prevented from doing so in August, according to a Reuters poll. Large […]

Asset

OBX 2021-J3 Prepares $ 453.6 Million MBS

The OBX 2021-J3 Trust is preparing to issue a series of mortgage-backed securities backed by high-quality real estate loans to qualified borrowers, in a deal expected to close on October 8. With a principal balance of approximately $ 453.6 million, the collateral pool includes approximately 465 senior, fixed-rate and senior residential mortgages, according to DBRS […]

Asset

Fisher Investments named by DiversityQ as Employer of the Year for Women in Asset Management in the United States

This award recognizes efforts to create a more inclusive workplace CAMAS, Wash., September 30, 2021 / CNW / – Fisher Investments, which also does business in Canada like Fisher Investments Canada– was recognized by DiversityQ as “Employer of the Year” at their third annual Women in Asset Management edition United States Rewards. Bonhill Group PLC […]

Asset

Franklin Templeton to acquire O’Shaughnessy Asset Management, a leading provider of personalized indexing through its Canvas® platform

Acquisition strengthens Franklin Templeton’s position as a premier provider of separately managed accounts and enhances its tax management, factor personalization and ESG capabilities SAN MATEO, California, September 30, 2021– (COMMERCIAL THREAD) – Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the acquisition of O’Shaughnessy Asset Management, LLC (“OSAM”), […]

Interest rates

Interest rates of monetary financial institutions in the Czech Republic

August 2021 Interest rate on new business Interest rates on new household deposits recorded the largest change for deposits maturing in August. Similar changes were recorded for non-financial corporations. The interest rate on household deposits at agreed maturity rose 0.19 percentage point to 0.65%. At 0.09%, the interest rate on demand deposits was unchanged from […]

Profit

Most Sydney sellers made nominal gains

More Sydney homes are reselling at a profit than at any time in the past 39 years, with the highest incidence of profitability found on the city’s northern beaches. New data from the latest version of CoreLogic Pain and Gain Ratio shows that 91.5% of the roughly 106,000 resales recorded a nominal profit gain in […]

Interest rates

Fed’s Daly Says ‘We’re A Long Way’ From Raising Interest Rates

As the US economy continues to rebound from the pandemic-induced recession, interest rates remain at near zero levels, while inflation continues to grow at its fastest pace in more than a decade . This has prompted some economists and policymakers to advocate for raising interest rates to avoid potential overheating of the economy. But “we […]

Asset

Fisher Investments named by DiversityQ as Employer of the Year for Women in Asset Management in the United States | State

This award recognizes efforts to create a more inclusive workplace CAMAS, Wash., September 29, 2021 / PRNewswire / – Fisher Investments — the US parent company of Fisher Investments United Kingdom– was recognized by DiversityQ as “Employer of the Year” at their third annual Women in Asset Management edition United States Rewards. Bonhill Group PLC […]

Profit

SJVNL first quarter net profit up 13% to Rs 339 crore, Energy News, ET EnergyWorld

New Delhi: SJVNL today announced a 12.7% increase in its net profit to Rs 339 crore for the first quarter ended June 2021 compared to the net profit of Rs 301 crore posted during the same period of l ‘Previous exercice. The company’s total income, however, fell 1.2% to Rs 702 crore in the June […]

Asset

Truer exposure to asset-backed securities?

One of the problems with credit markets is classification conventions. If you look at the methodologies of sterling credit indices, you will see a lack of consistency between providers on bond and sector categorizations. Asset Backed Securities (ABS) reflect this perfectly. At RLAM, we make extensive use of covered bonds to improve returns or reduce […]