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Showing 1471 - 1480 of 1758 results for "Covid"

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... underweight (limited fiscal and monetary policy room for its central bank) while EM equities are neutral (cheaper valuations but COVID-19 is testing public health care systems and cheaper oil may challenge some EM economies). Fixed income picks BlackRock ...

Industry fund revalues unlisted assets

HARRISON WORLEY  |  TUESDAY, 28 APR 2020
... little too conservative but in times like this we believe this has placed us well given the recent market dislocation from COVID-19." Statewide also said it had assumed a 10x impact compared to Treasury's current assumptions when modelling the impact ...

Property takes $237m hit

ALLY SELBY  |  TUESDAY, 28 APR 2020
Total property sales across the country have dropped at least 30% after COVID-19 cases started increasing in March, with sales down $237 million compared to the same period last year. Total sales in Sydney have dropped 79% (-$454 million), while sales ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
... called on insurers to introduce flexible options, such as premium deferrals or reductions, to assist consumers during the COVID-19 pandemic. ASIC issued an open letter to general and life insurers outlining its expectations during the COVID-19 pandemic. ...

COVID-19 ETP market winners, losers

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... research has revealed the winners and losers in the exchange traded product (ETP) market during the quarter to March's COVID-19 induced volatility. March 2020 was characterised by sharp falls and rises in equities as investors grappled with uncertainty ...

Frontier Advisors makes key appointments

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... analyst at Lonsec. With widespread hiring freezes across the financial services industry due to the economic fallout of COVID-19, Frontier Advisors bucked the trend bolstering its staff. The asset consultant also announced Desmond Tam and Pat Phanussopakul ...

Dividends could take years to return: UBS

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
UBS estimates that it may take over three years to return to 2019 dividend payouts due to COVID-19 related cuts and suspensions. UBS equity strategist Pieter Stoltz said, based on UBS forecasts, market earnings per share (EPS) will not return to financial ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... months earlier). Bad as it may seem, these downgrades could still be downgraded "depending on the timing of the spread of COVID-19 subsiding and on the magnitude of the impact on domestic and overseas economies". This is also because the Japanese central ...

Westpac flags $2.2bn impairment

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... 1H20 results will likely include an impairment charge of more than $2.2 billion - more than half of which is attributed to COVID-19. Announcing the expected charge this morning, Westpac said the $2.238 billion impairment includes about $0.6 billion from ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... measures of late have stoked fears of inflation, he said, pushing investors to consider alternative investments amid the COVID-19 crisis. "COVID-19 has seen a lot of governments around the globe increase stimulatory measures to help stabilise their local ...