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Showing 1501 - 1510 of 7844 results for "Open"

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... guarantees a second quarter - putting the economy in a technical recession. Having said this, reports that China is starting to re-open for business offer a silver lining, the same way that China's strong growth in 2008-2009 prevented the Australian ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
... announcement was made yesterday, as the ASX 200 reported its biggest single-day drop ever, ending the day 9.7% lower than the open. All three funds invest in Australian equities. The Colonial First State Wholesale Geared Fund invests in large Australian ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... strong growth in its Queensland-based AUM over the past year made a Brisbane office a "logical move". The Brisbane office will open later this month, with a team of nine - including McGuigan - set to grow from there. Centuria said the decision was consistent ...

Chief economist update: China leads the way

BENJAMIN ONG  |  TUESDAY, 17 MAR 2020
"Hush, little baby don't say a word Papa's gonna buy you a mocking bird..." Perhaps, a throwback to my childhood but the lullaby applies to the different stages governments around the planet - culminating in total lockdown of their borders - ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
Friday the 13th isn't so unlucky after all as it turned out to be a rally day on Wall Street. The S&P 500 index surged by 9.3% while the Dow and the Nasdaq pole-vaulted by 9.4% the day after US President Trump's declaration of a national emergency ...

Advisers too time-poor for cash management

HARRISON WORLEY  |  THURSDAY, 12 MAR 2020
... it's quite a significant group." McArdle said advisers may find cash management becomes easier to administer to clients as open banking helps banks transmit the transactional banking data of their clients to other institutions and platforms. "I think ...

Fee cuts hack at fund manager margins

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
Fee cuts are eating into fund managers' operating margins, sending them to post-GFC levels, according to new research from Deloitte unit Casey Quirk. Publically listed managers' operating margins tumbled an average of 5.2% annually over the ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... understand any concerns that consumers, firms and trustees may have about our proposals," Press said. The consultation is open until April 7.

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

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... 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 time a temporary halt has been implemented since October 1997. Trading stopped for 15 minutes, and afterwards ...

Super women: Female-led funds on top

ALLY SELBY  |  FRIDAY, 6 MAR 2020
... published the world over that shows that the more diverse a fund or company's leadership is, the more laterally thinking, open to new ideas and innovative they seem to be. "It's no surprise then that organisations managed this way achieve better ...