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Showing 1021 - 1030 of 2993 results for "February 7"

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
COVID-19, despite its obvious health hazards and hysteria-spooked market volatility, can actually be an opportunity for investors, enabling them to purchase the market's darlings at discounted prices. That's according to Paul Taylor, portfolio ...

Pension fund chief executive retires

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
The chief executive of one of the United States' largest pension funds is set to retire after 18 years in the top job. Jack Ehnes, chief executive of the California State Teachers' Retirement System (CalSTRS) has announced his will retire later this ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
The founder, managing director and chief executive of ASX-suspended fintech iSignthis is the new interim chief executive of the National Stock Exchange of Australia (NSX). John Karantzis will step into the role effective immediately, having recently ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
It's official! The World Health Organisation (WHO) has declared COVID-19 a pandemic. Uh, scary! But what's in a word? According to the ABC : "An outbreak is a sudden rise in cases of a disease in a particular place. An epidemic is a large outbreak. ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

ANU to help determine fate of SG increase

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
Australian National University (ANU) has been selected by the Morrison government to analyse whether wages will be harmed if the superannuation guarantee is increased to 12%. Robb Preston, manager of Treasury's retirement income policy division, told ...

Pendal global equities fund cut at Morningstar

KANIKA SOOD  |  THURSDAY, 5 MAR 2020
Morningstar has dropped coverage on Pendal's global equities fund which recently swapped out an external manager for Pendal's in-house investment team. In November, Pendal announced it would pull $460 million from AQR Capital Management across three ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
Well, what do you know? Reserve Bank governor Philip Lowe had been right all along in his claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. ...

Madison advisers loyal amid sale

KANIKA SOOD  |  WEDNESDAY, 4 MAR 2020
Madison Financial Group has held on to its adviser numbers, as PwC and Seaview Consulting give prospective buyers a closer look at the advice group's numbers on behalf of OneVue. Madison's sale includes the advice group, but also three other ...