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Showing 1281 - 1290 of 1326 results for "Pandemic"

COVID-19 uncertainty sees AMP withdraw guidance

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... "Protocols and contingency plans are also in place to ensure our operations and client services can continue throughout the pandemic." The number of deaths from the pandemic has now surpassed 21,000, with nearly 470,000 cases worldwide, according to ...

Global hiring freeze for BlackRock

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The world's largest asset manager has instituted a global hiring freeze amid the COVID-19 pandemic. "Right now, we are focused on serving our clients and making sure our people are safe, supported and productive as possible," a spokesperson for ...

Time for financials to step up: Study

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... utilise capital for a sustainable future for everyone." RIAA chief executive Simon O'Connor said the spreading COVID-19 pandemic would change the financial sector as we know it. "The COVID-19 crisis is reinforcing how interconnected our societal ...

Times of turmoil create opportunities: deVere

ALLY SELBY  |  WEDNESDAY, 25 MAR 2020
... of an independent financial advisory firm has pointed to key sectors that are benefiting from the spreading COVID-19 pandemic. deVere Group founder and chief executive Nigel Green said despite the global downturn, there was still opportunities for growth. ...

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
... age range, the likes of Hostplus, Club Plus and Rest are likely to be some of those hit hardest by the ongoing COVID-19 pandemic with many, especially those in the hospitality industry, already facing unemployment. These funds now face a series of challenges ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
... USA down 8.9%. Cerulli said this trend will likely continue, with the World Health Organisation declaring COVID-19 a pandemic and numerous countries around the world going into lockdown. "Moving into early March, equity market losses accelerated, ultimately ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... fair value." Platinum Asset Management investment specialist Douglas Isles said China's swift action to control the pandemic has seen its bourse bounce back relatively unscathed. "China is the largest emerging market, and indeed the second largest ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... environment is more difficult to successfully execute a fund marriage than 12 months ago. Explaining how it anticipates the pandemic will impact Australia's super funds, the research firm said funds would be forced to cut costs as the asset-based ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
According to the Association of Independently Owned Financial Professionals (AIOFP), the COVID-19 pandemic may be producing some positives for financial advisers. In a letter to AIOFP members, executive director Peter Johnston wrote that despite all ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... separate legislation, the government set aside a further $40 billion for urgent and unforeseen spending associated with the pandemic, likely to cause a recession". But so far not so good. To repeat, government and central banks cannot bribe the virus ...