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| | | ... 'aa' category," the agency said. "We expect these conditions to affect asset quality and earnings in particular, with the mid-points of both factors reduced by a notch for the large Australian banks, with negative factor outlooks." Fitch said ... |
| | | | ... crisis." Benbow said the company has been systematically moving from lower quality rebates to recurring fee-based revenue since mid-2018. "We are well positioned to respond to capital management strategies as they arise," Benbow said. |
| | | | ... advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's Financial Adviser Register have now sat the ... |
| | | | A Melbourne boutique has moved its real estate and infrastructure fund from daily redemptions to monthly, citing COVID-19 volatility and drawdown. Newgate Capital Partners wrote to investors on Wednesday, informing them of the changes in the Newgate ... |
| | | | Financial advisers and investors in fixed income funds are feeling the heat as markets trade less frequently in the ongoing COVID-19 correction, and they are slugged with exit costs. Unlisted managed fixed income funds from giants like Vanguard and ... |
| | | | ... asset allocation during the market volatility. The applications for early release for superannuation don't start until mid-April, meaning that superannuation funds' modelling of its expected impact will likely be at best, an educated guess. The ... |
| | | | ... has established a team to develop its approach to early release payments. "Our goal is to be ready to make these payments by mid-April, when the ATO starts approving requests," Bloch said. "We are working with the ATO and our trustees to ensure we can ... |
| | | | ... returns they were delivering clients, but also by significant increases in customer satisfaction ratings," Levine said. "In mid-February, the ASX 200 reached its highest ever level, taking the superannuation accounts of many Australians along for the ... |
| | | | ... percentage increase since 1931. As well as the Dow, the S&P 500 index logged a third straight day of gains for the first time since mid-February, before coronavirus fears stopped Wall Street's 11-year bull market. Since the start of the week the ... |
| | | | ... situation; USD has been rising through the deterioration in Fed policy bets since late 2018 and ultimately renewed rate cuts from mid-2019." Henry Jennings, senior market analyst at Marcus Today, said the biggest difference between the GFC and today ... |
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