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Showing 1371 - 1380 of 4879 results for "FAR"

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... assets and safeguard their wealth amid plunging global markets. The MSCI Emerging Markets Index ended 2019 up 18.4% in 2019. So far in the COVID-19 sell-off the benchmark has fallen 30%. Yet, in its latest equities report, Morningstar found that the ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR  |  TUESDAY, 24 MAR 2020
... have politicians publicly acknowledging that the current government and the FASEA organisation they created have gone too far," Johnson said. "Shadow Minister for Financial Services Stephen Jones has been vocal on this matter and Liberal Bert van Manen ...

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... 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 to go away. China's total lockdown of Wuhan ...

NAB Private director starts new venture

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... Capital, which currently offers its dividend-growth strategy in Australia through a locally domiciled fund. Somerset has so far raised about $100 million, with its team flying in and out of Australia, but going forward Strathnaver will be its country ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... tranche of regulatory work, given the difficult period ahead of the financial services industry, and the work APRA had done so far to ensure the industry's strength and resilience. "APRA set out an expansive policy and supervision agenda in January ...

VicSuper investments chief joins Hostplus

KANIKA SOOD  |  MONDAY, 23 MAR 2020
The $48 billion Hostplus has hired VicSuper's chief investment officer as a co-deputy chief investment officer, to work with Greg Clerk. Andrew Howard led investments at the $25 billion VicSuper, which is currently in the process of merging with First ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
... Institute of Superannuation Trustees chief executive Eva Scheerlinck also weighed in, and said the package would have "potentially far-reaching implications" on Australians and the broader economy. "AIST is acutely aware of the significant upcoming need ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... contract." He warned that retail investors were unlikely to see dividends for the foreseeable future. "Although the banks are far better placed than during the GFC, with much stronger balance sheets, they may still need to raise capital. Dividends are ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... defined by two successive quarters of negative GDP growth, according to a presentation sent to its clients yesterday. This is a far cry from the 2% growth expectation that Frontier pegged to the Australian economy at the start of this year. In a 'temporary' ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... underwriting process. This is consistent with how most of the life insurance industry has responded to the COVID-19 situation so far." MLC Life said there are no additional exclusions on new customers due to COVID-19 unless currently infected or in contact ...