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Showing 141 - 150 of 497 results for "Spike"

Chief economist update: A tale of two quarters

BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... DJIA down by 31.4%; the Nasdaq down by 25.6%; the Russell 2000, down by 39.2%. The "winter of despair" was captured by the spike in the VIX index to a reading of 82.69 - its highest level of Factset's (1990), surpassing the 80.86 registered during ...

History is repeating itself: Zenith

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... with 37 placements raising a total of $13 billion. Jacob Smart, senior investment analyst at Zenith, said to see a similar spike in the number and size of capital raisings from placements within a single month, you would need to go back to October 2009 ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... money, and scammers are using age-old tactics in new and sophisticated ways to target people," he said. "We are seeing a spike in reports of scams related to fake crypto-assets (or cryptocurrencies), term deposits, investments and scams that start via ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
Zenith Investment Partners said demand for its managed accounts services grew amid the uncertainty and volatility in investment markets sparked by the COVID-19 pandemic. Zenith chief executive David Wright said it was not unexpected that advice firms ...

Life insurers fork out more for mental health

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... an increase in the incidence of claims, it is the length of time Australians are spending on claim which has caused the spike. "Total claims benefits for mental health conditions have more than doubled in the past five years. More people are now focusing ...

Chief economist update: Victoria's Cinderella moment

BENJAMIN ONG  |  MONDAY, 22 JUN 2020
Victoria was primed and pumped for the second stage of looser coronavirus restrictions after the clock strikes midnight on June 22. From 12:01 am, 50 people (increased from 20) would be allowed inside cafes, restaurants, cinemas, theatres, auditoriums ...

Life insurance activity rises: MetLife

ELIZA BAVIN  |  TUESDAY, 9 JUN 2020
... information regarding life insurance inside their super. Head of group insurance at MetLife Australia James Carey said the spike in interest in super and insurance was understandable, given the ongoing financial stress being felt by many as a result ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... distribute additional essential food and grocery items to around 2400 charities around Australia, who are experiencing a spike in demand given the economic downturn associated with COVID-19. Brianna Casey, chief executive of Foodbank Australia, said ...

Sydney boutique shutters fund

KANIKA SOOD  |  THURSDAY, 28 MAY 2020
... March and 44.12 in April. Triple3, in its investor updates for last two months admitted to having missed the volatility spike for March. "[After rallying to February], as the coronavirus pandemic spread around the world, the S&P 500 suffered a horrendous ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
Stock exchanges around the world are reporting an uptick in their profits, as COVID-19 volatility pushes up their revenues from higher transactions. The New York Stock Exchange, NASDAQ, Tokyo and Japan exchanges have all reported a surge in their revenues ...