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Showing 1 - 10 of 114 results for "Bank stocks"

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... Suisse. "That helped ease fears of the global banking crisis and we saw Credit Suisse shares jump 19.2% with European bank stocks up 1.1% on the back of that news," he said. The liquidity backstop provided by the SNB was complemented by the European ...

Sunsuper adds long/short to Aussie equities

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... cap]. So it becomes very difficult to express a negative view on the stock [by just going underweight]." Barnes cites bank stocks and BHP or RIO as examples, where an underweight would allow the manager to express their negative view strongly as they ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... analyst Kyle Rodda told Financial Standard financials have been hit here just as much as they have globally. "The bank stocks have been hit pretty hard as the market prices in a low interest rate regime here and across the globe," he said. "Effectively ...

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... the Royal Commission's final report. This comes after the Labor party suggested insider trading was responsible for bank stocks rising immediately on the back of Kenneth Hayne's report. Senator Peter Whish-Wilson asked if ASIC was investigating "whether ...

Banks move to derisk, workforces shrink

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... trillion superannuation industry. The average super fund holds about a quarter of its Australian equities investments in bank stocks, according to Rainmaker executive director of research and compliance Alex Dunnin. Imagine the impact if super funds ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... Asset Management chief investment officer Mark Arnold says the Brisbane-based fund manager does not invest in any bank stocks in its Aussie portfolios. "The reason for that is we are going into a deleveraging period," he told Financial Standard. This ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... portfolio manager Aaron Binsted, who is gearing for a rate cut. "We have come down from a peak of 12% allocation to bank stocks to none in the last quarter [in the $10 million Defensive Australian Equities Fund] because we are concerned that if the housing ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... superannuation funds on average hold between one-fifth and one-quarter of their Australian equities portfolios in bank stocks (or more than 20% of the banks' market capitalisation) - meaning they are a significant player when it comes to shareholder ...

Will Aussie equities overcome 2019 challenges?

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
... still clouded, with the potential for greater regulatory surveillance by APRA and ASIC presenting another challenge to bank stocks. "While 2019 won't be without volatility or issues to navigate, we think a 4-5% dividend yield and attractive valuations ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
Not-for-profit superannuation funds have an average of 3% less exposure to bank stocks in their equities portfolios than last year, according to recent Rainmaker research. These funds still have a large exposure to bank stocks, owning about $30 billion ...
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