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Showing 1481 - 1490 of 1758 results for "Covid"

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
... its balance sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional capital raising, Charter Hall also announced a $25 million unit ...

A case for flexible asset allocation: First Sentier

ALLY SELBY  |  MONDAY, 27 APR 2020
Investment managers with fixed multi-asset allocations may have been better served by a flexible approach during the COVID-19 crisis. That's according to First Sentier Investors, who argue a flexible, dynamic multi-asset approach to investing can ...

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... Australia have been asked to use their accrued leave, even though holiday plans have been left in disarray as a result of COVID-19 travel bans. In a note, seen by Financial Standard, ANZ asked staff to get their leave balances down to four weeks by September ...

No golden ticket for super funds

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... investments in gold failed to provide a safe haven from market volatility in March. Williams said gold's performance during the COVID-19 market shocks raises questions about its role in super fund portfolios. "The evidence from March is this: super funds ...

Praemium adds Chi-X products

HARRISON WORLEY  |  MONDAY, 27 APR 2020
... important for advisers to have access to a "broader" range of products as they aim to deal with the portfolio impacts of COVID-19. "As capital markets endure significant volatility and the economic outlook remains uncertain, the role of financial advisers ...

VIC, TAS lead Australia: CommSec

ELIZA BAVIN  |  MONDAY, 27 APR 2020
... report. The latest CommSec economic rankings revealed how the state and territory economies were positioned heading into the COVID-19 pandemic. CommSec said Tasmania's economic performance ranking hasn't been this strong since October 2009. Additionally ...

COVID-19 will bite into credit ratings

BENJAMIN ONG  |  MONDAY, 27 APR 2020
... the pandemic." The report charts the distribution of the "contributions to global direct fiscal stimulus in response to COVID-19" as follows: G7 (75.1%); China (10.9%); other sovereigns (10.6%); Australia (3.4%). These countries are the ones contributing ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... meaning that for the financial year to date the Fund return was -0.2%," Costello said. "As the global economic impact of COVID-19 unfolds, the board will continue to prioritise portfolio flexibility, ensuring the portfolio is robust to a range of possible ...

Pay cuts, dividend slashed as NAB raises capital

JAMIE WILLIAMSON  |  MONDAY, 27 APR 2020
The big bank has entered a trading halt as it looks to raise $3.5 billion to sustain the business throughout the COVID-19 downturn which has so far seen the interim dividend more than halved and the NAB leadership team take pay cuts. Releasing its 1H ...

LGIAsuper revises down unlisted assets

KANIKA SOOD  |  FRIDAY, 24 APR 2020
The $12 billion superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus. LGIAsuper reduced the valuation of its property portfolio by 5% and infrastructure ...