US business surveys highlight a two-speed economy

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The US economy continues to expand, but the pace of growth varies greatly between the manufacturing and nonmanufacturing (service) sectors. While the manufacturing sector has hit stall-speed, the service sector

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Benign inflation to keep Asian central banks focused on growth risks

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Concerns that food and oil prices may soon reverse their downtrend, potentially derailing a nascent monetary easing cycle in Asia, are likely overdone. Central banks, in our view, are likely

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AustSafe Super selects AB for factor risk completion strategy

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Global asset manager AllianceBernstein (AB) said yesterday that it has been selected by superannuation fund AustSafe Super to manage an equity risk-management overlay strategy which aims to enhance risk-adjusted investment returns

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On the economy: New normal or abnormal?

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Over the past five years, the average annual growth of 2.1% in real gross domestic product clearly fits the narrative of the new normal. Yet the economy’s recent performance has

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China to ‘focus on currency stability’ in face of inflows of up to US$3 trillion

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Yesterday’s announcement that China will join the reserve currency basket of the International Monetary Fund is only one aspect of a process that could channel up to US$3 trillion ($4.2

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Two Chinas are better than one for careful investors

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Investors seeking a balanced perspective on risk and opportunity in China should set aside outdated perceptions of the country as a manufacturing juggernaut and think of it instead as “two

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Australian investors in 2016 should guard against ‘four areas of complacency’

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Global asset manager AllianceBernstein (AB) yesterday warned Australians against becoming complacent about the country’s economic outlook, even though 2015 is ending the year on a stronger note than many economists had

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Focus on delayed annuity purchase could be key to successful retirement planning

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A potential solution to one of the Australian superannuation industry’s biggest challenges—helping plan members make the transition to retirement—may lie partly in designing a process to enable members to effect

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Has Indonesia turned the corner?

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The recent stabilisation in Indonesia’s currency and bond markets, together with subdued inflation and a healthy trade surplus, is paving the way for monetary easing. Moreover, a pickup in infrastructure

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Will the global investment landscape realign in 2016?

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As we approach the end of the year, our research is leading us to the view that we’re also nearing the end of an investment era, and the beginning of

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