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Showing 1111 - 1120 of 4023 results for "January"

Aberdeen Standard global equities funds downgraded

KANIKA SOOD  |  MONDAY, 20 APR 2020
... Standard Investments in the local market have been downgraded to neutral at Morningstar on the back of a style drift. In January ASI announced its head of equities Stephen Docherty would leave the firm for personal reasons, and Dominic Byrne was appointed ...

CBA Group Super posts -7.7% returns for March quarter

KANIKA SOOD  |  MONDAY, 20 APR 2020
... when comparing the performance of our Balanced (MySuper) option to major sharemarkets over the three-month period from 1 January to 31 March 2020. The Australian sharemarket, measured by the S&P/ASX 200 index, experienced a fall of approximately -24% ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... in very advanced stages," Kaizen director Matt McGilton said. The update was in stark contrast to an earlier update. On January 31, McGilton said he could not recall a busier time for recruitment than the end of 2019 and found the pace of hiring increasing ...

US fund manager expands into Australia

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... service and operations associate. Wang's appointment follows that of Jeremy Crowley as director of institutional markets in January this year and Daniel Bullock as director of wholesale markets in July 2019. Laird Abernethy, managing director for GQG ...

Should unused services on AFSLs be subject to ASIC levy?

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... AFSL reported no activities or revenue and a small balance sheet. The next financial year, the revenues recommenced. Last January, the AFSL received an invoice from ASIC to pay industry funding levy of $7275, charging Polymath about $6000 in levy for ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... pandemic's teeth. "We project global growth in 2020 to fall to -3%. This is a downgrade of 6.3 percentage points from January 2020, a major revision over a very short period," she said. "This makes the Great Lockdown the worst recession since the ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... declining so that was a reverse in the trend," Fleming said. Fleming said that when concerns over COVID-19 hit, around January and February this year, the ATO saw an increase in net establishments of 15.5% year-on-year, marking a 10% increase from the ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... than the Great Depression and the US economy GDP projected to sink 5.9%, down 7.9% from the 2.0% forecast printed only in January," Pan said. Despite this disappointing data, US President Donald Trump remains optimistic, tweeting: "We are having very ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... lockdown," she said. "We project global growth in 2020 to fall to -3%. This is a downgrade of 6.3 percentage points from January 2020, a major revision over a very short period. "This makes the Great Lockdown the worst recession since the Great Depression ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... measures. This makes stimulating activity more challenging and, at least for the most affected sectors, undesirable." In January, the IMF titled its WEO report with Tentative Stabilisation, Sluggish Recovery?. That was reasonable...three months ago. ...