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Showing 1511 - 1520 of 5920 results for "March 27"

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
With investors caught in a nasty tug of war between the dire economic reality and the hope of a virus cure, industry leaders have warned of the potential for further downside. And with macro threats looming, markets, already fragile from a period of ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... disastrous impact of restrictions has had on the Australian economy. The ABS reports that after surging by 8.5% in the month of March - due to hoarding (of toilet papers) - retail sales (based on its preliminary estimate) dropped by 17.9% in the month ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
QSuper will take the management of its social responsible investment option in house and has changed the definition of pandemic illness. AMP Capital will no longer manage QSuper's socially responsible investment option as of 1 July 2020. "This change ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
Government stimulus packages and lender deferrals may have softened the economic blow of the COVID-19 pandemic but with end dates in sight, UBS has warned of an impending fiscal cliff. With JobKeeper and Jobseeker packages as well as debt deferrals ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
The head of global asset allocation at Janus Henderson has sounded the alarm on risk assets, warning the rally seen in April has so far ignored the threat of economic tailwinds from the COVID-19 pandemic. Janus Henderson's Ashwin Alankar warned investors ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
A Legg Mason boutique that manages $20 billion has launched a new sustainable equity strategy that will use proprietary sustainability analysis instead of just relying on negative screening. Martin Currie Australia Sustainable Equity Strategy will be ...

Pendal awards registry mandate

KANIKA SOOD  |  MONDAY, 18 MAY 2020
ASX-listed Pendal Group has picked a new unit registry provider for $19 billion in funds under administration across its Australian funds. Mainstream Group Holdings'Australian business has entered a five-plus-five-year agreement with Pendal to provide ...

Chief economist update: Easing restrictions narrow oil demand-supply equation

BENJAMIN ONG  |  MONDAY, 18 MAY 2020
It's only been just about a month since oil producers were practically paying buyers to come and take their stocks off them. This was on April 20, one day before the WTI oil futures contracts for May delivery dropped to minus US$36.98 per barrel. ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
Challenger's multi-boutique business has added to its London office's institutional sales team. Fidante Partners appointed Kerry Duffain to its institutional client solutions team in the London office. Duffain was most recently the head of European ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
"Tell him he's dreaming!" The Australian Bureau of Statistics' (ABS) report showing that the country's unemployment rose from 5.2% in March to ONLY 6.2% in April surely is a pleasant dream considering the nightmarish backdrop of the long ...