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Showing 1281 - 1290 of 3404 results for "Response"

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... decision making, and then determine whether we feel it's appropriate," Rowell answered. Bragg appeared unsatisfied with her response. "I think it's a very light touch that you're giving these funds. I mean, this is retirement savings. Out of the blue ...

Westpac hit with another class action

ELIZA BAVIN  |  FRIDAY, 13 MAR 2020
... this proceeding being filed, Westpac said it expects around $80 million in additional expenses in FY20 as part of its response plan to the AUSTRAC scandal. The bank is facing 23 million alleged breaches of anti-money laundering and counter-terrorism ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
"Danger, Will Robinson!" Danger! Danger! Pick a stock market, any stock market and chances are it's now in a bear market or heading there, struck down by coronaphobia. Yes Virginia, the bears came out of hibernation in full force. There was no place ...

AXA IM in strategic overhaul

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2020
AXA Investment Managers is splitting its asset management business in two, creating a dedicated alternatives business that will run alongside a strengthened core investments business. As such, AXA IM's leadership team has also been overhauled. AXA IM ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
Suggestions in response to the coronavirus pandemic that pausing superannuation contributions would stimulate the economy have been panned. Association of Superannuation Funds of Australia chief executive Martin Fahy was blunt in his assessment of the ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... "high brow" description, the Department of Health explains why the Australian government has activated its emergency response - working on to a pandemic two weeks ahead of the WHO's official declaration. "So while the WHO is yet to declare... it's ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
... Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from portfolio managers in response to volatility, he is seeing some careful decision making. "I am seeing some carefully implemented, very proactive ideas that ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
With ESG investing continuing to prove popular among investors, Praemium is taking steps to ensure financial advisers are able to meet demand. The platform has rolled out an "industry first" suite of ESG options, including new screening functionality ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... disproportionately, in line with the post-9/11 terrorist attacks but lower than after the global financial crisis." In response, the IMF said central banks must be prepared to provide "ample liquidity" and banks and non-bank finance companies. The fund ...