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Showing 131 - 140 of 2971 results for "Overnight"

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... look, there's gloom and... there's doom. Financial markets are running scared - the VIX index jumped by 40% overnight to a reading of 75.47 - the highest since the 80.86 reading way back in November 2008 in the aftermath of the collapse of Lehman ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... buying sentiment locally. At the time of writing, the S&P/ASX 200 regained some of these losses, trading down 0.61%. Overnight in the US, the New York Stock Exchange triggered a temporary trading halt after stocks plunged 7% at the open. It was the first ...

Major firms criticised for substandard RI approach

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... and long-term expertise in this field." Van Hassel said expertise in sustainability "is not something you can build overnight" but noted it was important that other asset managers were joining in. "We won't be able to solve big problems like climate ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
... management team after what was a tumultuous year for the beleaguered Swiss manager. Announcing its full-year 2019 results overnight, GAM Holding AG's profits have fallen 92% year on year to come in at $16 million (CHF 10.5 million), down from $194 ...

Investment Manager of the Year named

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
The third annual Financial Standard Investment Leadership Awards were held in Sydney overnight, celebrating excellence in Australia's investment management industry. Macquarie Investment Management took out the title of Investment Manager of the ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... said. "For the most part, US markets have ignored the virus because it is not really a US problem. The Apple downgrade overnight brought it home, in a major way, to the US. Their tech monolith, the shining beacon of growth, is taking a hit." He believes ...

Value disconnect damages adviser relationships

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... investing professionals might understand that this isn't the case, changing the 'returns first' perception won't happen overnight." Morningstar recommends better communication between advisers and clients to understand the value of advice beyond investment ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... surprising given the wealth effect from the rise and rise in the US equity market - the S&P 500 index hit another record high overnight - and the unemployment rate just one tick above the 50-year low of 3.5%, that means more Americans participating in ...

FSC sheds light on cancer impact

HARRISON WORLEY  |  TUESDAY, 4 FEB 2020
... anywhere else in the world for its granularity and timeliness". "We know cancer doesn't discriminate and can change lives overnight," Loane said. "We urge all Australians to get in touch with their life insurer or superannuation trustee to find out what ...

Chief economist update: Coronavirus has gone viral

BENJAMIN ONG  |  TUESDAY, 28 JAN 2020
... London town. The financial markets' fear is palpable. The VIX index - the "fear gauge" - jumped to reading of 18.23 overnight from this year's low of 12.10 - recorded immediately after news that the US and China shook hands on a "phase one" trade ...