Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1231 - 1240 of 1758 results for "Covid"

VanEck makes case for equal weight investing

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... that are smaller companies and to higher growth sectors such as healthcare and technology." Should the recovery from the COVID-19 crash follow recoveries of the Australian equity market in the past, a fund that tracks an equal weight index would likely ...

ASIC lays out product intervention plans

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... significant harm is particularly timely now, when so many are facing uniquely challenging circumstances with the impact of COVID-19." So far the regulator has used to power in relation to a short-term credit product, and have consulted on its use for ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... thousands of lives worldwide. The resulting economic crisis is unlike anything the world has seen before." Gopinath labelled the COVID-19 crisis as "truly global" saying even the GFC had a less severe effect on global output. "For the first time since ...

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... regulator has updated Authorised Deposit-taking Institutions (ADIs) on their requirements to revalue property in the wake of the COVID-19 downturn. APRA said ADIs are currently required to revalue property used as security for residential mortgage exposures ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
June 23 marks the fourth year anniversary of Brexit - the day a referendum was held (and Britons voted in favour of) the United Kingdom leaving the European Union (EU). The uncertainty (horror) of it all sent Sterling's effective exchange rate diving ...

Financial services demands more mental health support

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
COVID-19 has caused an uptick in the demand for access to mental health and wellbeing training for the employees of financial services firms, according to SuperFriend. New analysis by the wealth management industry's mental health partner reveals a ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... -10% by the end of April. The survey showed that 51% of financial professionals globally saw initial volatility caused by COVID-19 crisis as driven more by sentiment than by fundamentals. Between March 16 and 24 April 2020, Natixis surveyed 2700 financial ...

Asset managers leverage tech, outsourcing for growth

ALLY SELBY  |  WEDNESDAY, 17 JUN 2020
... and scalable solutions to drive growth and reduce costs. That's according to new research from Northern Trust, who argue COVID-19 has highlighted the potential of technology and outsourcing to reshape the global asset management arena. Surveying 300 ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... risk of death declined to 20% from 25%. The report says dexamethasone does not appear to help those with milder symptoms of COVID-19, or those who don't need help breathing." It's still early days, but it's looking a lot like we're on ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... the changes were made. ASIC's action comes after it reviewed managed funds disclosure and marketing material during the COVID-19 pandemic. The three areas it was seriously concerned about were: funds talking up one aspect (like higher returns) while ...