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Showing 1241 - 1250 of 4160 results for "April"

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

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
... data show that the UK economy is heading for an even deeper dive. UK GDP growth plunged by 10.4% in the three months to April following a 2.0% contraction in the previous month. Worse, despite the government's recent pandemic initiatives (which limited ...

Vanguard taps former industry fund boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... additions to the global investment manager's local team, after it set its sights on a superannuation offering late last year. In April the firm created a new head of operations role, filling it with former CareSuper executive Rachel Reynolds. Former ...

Hedge funds in the green in May

ALLY SELBY  |  WEDNESDAY, 17 JUN 2020
... to the latest data from institutional investment data firm eVestment, and comes following a global hedge fund recovery in April. The only hedge funds that posted positive performance in May and year-to-date were volatility/options strategies, origination ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... within the first few weeks of the crisis, financial professionals saw losses moderate to as little as -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 ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... industry. Mayfair 101 has recently found itself in a battle with ASIC, having been accused of misleading advertising. In April this year the Federal Court restricted Mayfair 101 from promoting its debenture products and prohibited the use of specific ...

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

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... with it, the re-imposition of lockdowns. Have money, will travel. The latest US retail sales report - up 17.7% in May from April - underscores the power of money. Cheaper borrowing costs and money printing from the Fed and trillions of dollars provided ...

Australians look to rebuild super: AMP

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... voluntary concessional and non-concessional super contributions were the most common topic dealt with by advisers compared with April, when advice on early access was most in demand. Calls about COVID-19 were still 9% of all enquiries received in May ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... Activity indicators continued to improve: industrial production growth accelerated to 4.4% in the year to May from 3.9% in April and minus 1.1% in March; the year-on-year contraction in fixed asset investment has eased to minus 6.3% by May from as steep ...

SuperFriend refreshes leadership

HARRISON WORLEY  |  MONDAY, 15 JUN 2020
... joined the board of SuperFriend, following the departure from the board of the fund's chief risk officer Paul Schroder in April. Kerlin joins the organisation alongside Zurich and OnePath head of mental health and wellness in life insurance Maria Falas ...

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... data, from the start of May discretionary spending saw a huge uptick. It dropped down to 30 points below normal levels in April but regained those 30 points by the start of June. The researchers said that total spending per person is now only 2% below ...