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Showing 1531 - 1540 of 5913 results for "March 31"

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
'Annus Horribilis' made the headlines in 1992 when Queen Elizabeth used this Latin phrase - which translates to 'horrible year' - in her speech at Guildhall to mark the 40th year anniversary accession. Her royal majesty was, of course ...

Frontline worker death nominations spike

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
The chief executive of Catholic Super and Equipsuper has shared new data revealing a sharp increase in enquiries on life insurance and updates to death nominations for essential workers. Scott Cameron said the five offerings over which he serves as ...

Cbus ready to deploy cash

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ...

Insurtech investments down 54% in March quarter

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
... almost US$82 million had been raised; by February 6, that figure was just over US$450 million. But it took until the end of March - the rest of the quarter - to double that amount," WTW said. "In short, almost half of the total amount raised in Q1 was ...

Volatility continues to drive investors

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
... raises ballooned in April, with more than $13 billion raised representing a 275% spike. While not reaching the highs of March - during which it recorded its 15 busiest days ever by trading volume - CommSec executive general manager Richard Burns said ...

How early release impacts the ASX

ALLY SELBY  |  THURSDAY, 7 MAY 2020
With more than one million people applying for the government's early release scheme, questions surrounding super fund ownership in equity markets have come to the fore. The government's scheme will so far put at least a $9 billion strain on Australia's ...

Pinnacle boutique launches Cayman fund

KANIKA SOOD  |  THURSDAY, 7 MAY 2020
A macro hedge fund in which Pinnacle Investment Management owns a minority stake has launched a new vehicle after delivering 16.5% in returns for the March quarter. Reminiscent Capital's Asia Macros Master strategy has so far been available as an ...

SMSF Association appoints deputy chief executive

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
A familiar face is set to return to the SMSF Association after a seven-year hiatus. SuperConcepts general manager of technical services and administration Peter Burgess has been appointed deputy chief executive of the SMSF Association, returning to ...

Long/Short fund returns 23.2% in April

ALLY SELBY  |  WEDNESDAY, 6 MAY 2020
An ASX-listed global equities long/short fund has returned 23.2% in April, as global bourses rebounded following their March lows. L1 Capital's Long Short fund lifted 23.16% pre-tax during the month, however the fund is still down 11.57% since the beginning ...

Super switching three times higher: CFS

ELIZA BAVIN  |  WEDNESDAY, 6 MAY 2020
New data from Colonial First State (CFS) found switches by super members were three times the usual rate in March as Australians moved their super to cash in the midst of the COVID-19 pandemic. The data found 39% of those that switched their super moved ...