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Showing 1341 - 1350 of 4160 results for "April"

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... lockdowns is having on economic activity: The IHS/Markit flash US composite PMI output index dropped to a reading of 27.4 in April - "the fastest reduction in private sector output since the series began in late-2009" - from March's final reading ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... terms) are now neutral for all global asset classes (equities, government bonds and cash) except credit, which it upgraded in April. "We are mostly sticking to benchmark holdings on an asset class level; prefer credit over equities; and favor rebalancing ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... Treasurer Josh Frydenberg confirmed had been approved by the ATO in the first three days of the scheme, which commenced on April 20. With more than $180 billion in funds under management, it represents less than 1% of AustralianSuper's FUM. Prior ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... tries to limit the economic fallout from the coronavirus. It had the same label for its expanded policy initiative at its April meeting. Perhaps, the BOJ should have called it "Expanded Enhancement of Monetary Easing". Most notable, the new programme ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... of anchor tenants were significantly elevated during March due to panic buying and have now started to normalise during April." The REIT committed to supporting tenants under the government's new laws to "ensure sustainable and long-term outcomes". ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
... opportunities in some asset classes amid the COVID-19 crisis. "While markets may have stabilised in the first couple of weeks of April, we are still in the midst of the health crisis and the economic crisis will play out over an even longer period," ...

Businesses urged to apply for JobKeeper

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... JobKeeper scheme. Carnell said there is a concern from many small business owners that they cannot afford to pay staff up to April 30, and so are not applying for the financial assistance. "Small businesses that believe they are eligible to apply for ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... Netherlands, Switzerland, Germany, and Sweden's government budgets are even in surplus. As S&P Global prints in its April 2020 report: "The unprecedented fiscal and monetary stimulus that many sovereigns are implementing in order to help their economies ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
... to take pay cuts. NAB chair Philip Chronican and group chief executive Ross McEwan will reduce their base pay by 20% from April 1 to September 30, as will NAB's board of directors. The bank's executive leadership team has also decided to forego ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
... a -4% fall in returns for property option members, the fund estimated. The new valuations were applied to portfolios on April 21. Superannuation funds and managed funds have been forced to revalue their unlisted assets out of cycle (which is usually ...