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Showing 1041 - 1050 of 1757 results for "Covid"

GPT bleeds $520 million

ALLY SELBY  |  MONDAY, 10 AUG 2020
Real estate investment trust GPT Group has bled $519.1 million after tax for the first half of the year, pointing to COVID-19 related negative property movements for the heavy losses. All properties in the trust were independently valued during the ...

APRA reopens for licences

ANNABELLE DICKSON  |  MONDAY, 10 AUG 2020
... licensing, we considered it appropriate to suspend the issuance of licenses in light of the high level of uncertainty created by COVID-19, which would have created especially acute challenges for new entrants." It envisages in phase two that new licenses ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... the labor market reflected the continued resumption of economic activity that had been curtailed due to the coronavirus (COVID-19) pandemic and efforts to contain it. In July, notable job gains occurred in leisure and hospitality, government, retail ...

Former Aberdeen duo back with Sydney boutique

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... business, as Australia faces its first recession in 28 years and many corporates face difficulties, perhaps for the first time. COVID has also opened an additional albeit temporary opportunity set for the firm. "We can help overseas lenders that want ...

Link Group hires new chief executive

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... the business, helping to ensure it is best positioned to manage the challenges of an integrated global business in a post-COVID-19 world," Link Group chair Michael Carapiet said. "My earlies priorities will be to work with the leadership of this diverse ...

Perpetual launches two ESG funds

KANIKA SOOD  |  FRIDAY, 7 AUG 2020
... and two other portfolio managers. "The interest in ESG globally has accelerated in recent times as a consequence of the COVID-19 pandemic, as well as locally with the extreme climate events recently experienced in Australia. There has also been strong ...

MySuper returns negative

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... the 2018-2019 return of 7% and the 2018-2019 return of 9%. "The upbeat financial year results reinforce the view that the COVID-19 Financial Crisis (CFC) is vastly different to the GFC," Rainmaker said. "As a result, the Rainmaker MySuper investment ...

First company lists on Sydney Stock Exchange

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... Torque to market." Go added that the exchange's plan is to help growth companies succeed and assist in the recovery from the COVID-19 pandemic.

Chief executives cop pay cuts

ANNABELLE DICKSON  |  FRIDAY, 7 AUG 2020
Australia's top ranking bosses have endured pay cuts as boards have reined in bonuses ahead of the COVID-19 pandemic according to the Australian Council of Superannuation Investors (ACSI). ACSI's CEO Pay in ASX200 Companies research shows that ...

CalPERS chief investment officer resigns

JAMIE WILLIAMSON  |  FRIDAY, 7 AUG 2020
... and, last financial year, achieved a return of 4.7% - beating its 4.3% benchmark despite the extreme volatility sparked by COVID-19. He will be replaced in the interim by deputy chief investment officer Dan Bienvenue. "I deeply believe in the CalPERS ...