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Showing 1011 - 1020 of 1756 results for "Covid"

Sales, reporting top buy-side pandemic struggles

KANIKA SOOD  |  FRIDAY, 14 AUG 2020
... June survey of 250 capital markets executives found buy-side firms saw sales and reporting as the biggest challenge during COVID-19,while sell-side firms struggled most with trading and risk functions. FIS, which commissioned Longitude Partners to conduct ...

iProsperity accused of being a Ponzi scheme

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... director Harry Huang advised the group, which is a complex set of more than 60 related entities, failed due to the impact of COVID-19 and negative media articles as well as tightening of regulation on funds coming out of china and delays on some key ...

Future Super ramps up direct equities

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... younger. "Future Super is experiencing record growth with almost $60 million in rollovers in July alone. Throughout the COVID period we have been lucky enough to continue to experience strong net inflows and this has allowed us to make a range of tactical ...

SG increase will impact wage growth: Lowe

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... wage growth would remain low, averaging around 1.5% over the next two years. Lowe said despite the negative effects of the COVID-19 pandemic the Australian economy is suffering the worst contraction in many decades. "We do not yet have the GDP data for ...

Praemium shows growth in crisis

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
Praemium has posted a positive full-year result despite the impacts of global headwinds caused by the COVID-19 pandemic. The platform provider saw a 26% increase in global funds under administration to $20.3 billion, a 14% increase in revenue to $51.2 ...

ERS will impact those who didn't access super: REST

ELIZA BAVIN  |  FRIDAY, 14 AUG 2020
... is that we always hold a certain amount of cash, so we're liquid, but ERS was a surprise policy decision and the impact COVID-19 would have on different industries and sectors was initially unknown," Doyle said. "We had to ensure that we had more cash ...

Cash earnings fall, MLC sale pending: NAB

ALLY SELBY  |  FRIDAY, 14 AUG 2020
... the 1H20 quarterly average credit impairment charges fell 2% to $570 million," NAB said. "This reflects non-repeat of the COVID-19 Economic Adjustment top-up at March, partly offset by higher collective charges given deteriorating retail asset quality ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... and is likely to maintain value for some time due to quantitative easing programs across the globe and ongoing risks from COVID-19." "Silver has traditionally followed gold closely and may be set for market interest as investors look for alternatives ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... distancing restrictions and business shutdowns. While OPEC+ has adjusted (cut) the oil supply to maintain current prices, COVID-19's second bite at the global economy threatens to weaken demand even more. Planes, trains and automobiles - and cruise ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... using the bank's full year results as evidence rises are needed. Despite taking an 11.3% profit hit due to the impacts of COVID-19, CBA managed to still pay a dividend of 98 cents per share fully franked, adding to an interim payment of $2 a share. FSU ...