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Showing 1021 - 1030 of 1756 results for "Covid"

Contango dumps investment strategy, opens raise

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
... unlikely to have sufficient retained profits to declare a final dividend for the year end June 30. "Furthermore, the impact of COVID-19 on financial markets has highlighted the limitations of an investment strategy essentially restricted to Australian ...

HESTA awards three-year mandate

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... members in the health and community services sector play such an important role in our community, especially during the COVID-19 pandemic, and we are thrilled to be tasked with continuing to provide support to its 850,000 members." "This reappointment ...

Chief economist update: The wages of COVID-19

BENJAMIN ONG  |  THURSDAY, 13 AUG 2020
... of the WPI, ABS head of price statistics Andrew Tomadini said. "The June 2020 quarter was the first full period in which COVID-19 social and business restrictions were captured in the WPI." These two sentences just about sum up the coronavirus pandemic's ...

De Ferrari refuses to discuss Wade

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... year to just $72 million from $120 million. This was driven by a 39% decline in performance and transaction fees due to COVID-19.

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... fee reductions. Controllable costs decreased by $1 million, down to $246 million in the first half, reflecting additional COVID-related and regulatory costs. AMP said this was partially offset by cost savings in the business. It added that it's aiming ...

Asset managers still bearish, but less so

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... "Risk managers are seeking robust portfolios that are more attuned to - and better able to navigate - these dynamics." The COVID-19 financial crisis had also served as a stark reminder of the importance of diversification during periods of crisis, bfinance ...

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
... Super have revealed that the government's early release of super program was one of the most challenging elements of the COVID-19 pandemic to adapt to. IOOF head of fund statutory reporting Paul Tsironis said that ERS resulted in a huge increase in workload. ...

AIST veteran tenders resignation

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... chief membership officer, has tendered her resignation and is set to leave the organisation October 7. In response to the COVID-19 crisis, Mannix-White oversaw the digital transformation and delivery of AIST's education and event offerings, including ...

ASFA sets out productivity plan

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
... drive industry-wide productivity gains in superannuation. ASFA said it hopes to boost productivity gains as the impact of COVID-19 continues to disrupt Australia's financial and economic conditions. ASFA chief executive Martin Fahy praised the work super ...

Finance employees remain fearful

ALLY SELBY  |  WEDNESDAY, 12 AUG 2020
... the most likely to have numerous concerns on whether heading back to the office could heighten their risk of exposure to COVID-19. Of those surveyed, 64% said they were worried about the commute, while 59% said they were concerned that others may not ...