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Showing 151 - 160 of 2486 results for "Oil"

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
Oil prices crashed to record low last week but Australia's $162 billion sovereign wealth fund says it has no plans to buy the dip. Last Monday, immediate contracts for WTI crude fell into the negative territory. The drop prompted the US government to ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... But they can't cross those borders now. "And some of our export earnings are taking a hit. For example, the record low oil prices seen around the world also mean lower gas prices. Given that Australia is now the world's largest or second largest ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
... sharp reduction in consumer demand, the Morrison government's free childcare initiative (among others), and plummeting oil prices. Then again, COVID-19 will dictate the depth and duration of Australia's economic and inflation slump as it would ...

Aussie equities winners, losers revealed

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... amongst the best stock-pickers in the Australian market, judiciously avoiding the expensive defensives and highly cyclical oil/mining stocks." Over the past few years, many institutional and retail investors had started to move away from domestic active ...

ESG investing now mainstream: deVere

ALLY SELBY  |  TUESDAY, 28 APR 2020
Economic turmoil and the collapse of oil prices have pushed responsible investing to the fore, according to global independent financial advisory deVere. A shift towards ESG was already taking place, however, the COVID-19 crisis has kicked the transition ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
... central bank) while EM equities are neutral (cheaper valuations but COVID-19 is testing public health care systems and cheaper oil may challenge some EM economies). Fixed income picks BlackRock Investment Institute's views on EM local currency debt have ...

Calls for super funds, government to collaborate on energy security

KANIKA SOOD  |  THURSDAY, 23 APR 2020
The federal government on Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert. Energy minister Angus Taylor said the government will buy ...

Aussie ETF investors got oil bets wrong before crash

KANIKA SOOD  |  THURSDAY, 23 APR 2020
Australians last week poured $35 million in the country's only ETF tracking crude oil futures, and were stung hard when WTI May contracts slipped into negative territory in Monday's trading. BetaShares Crude Oil Index ETF (OOO) tracks an index ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... the financial services, energy, and mining sectors, which were all negatively impacted by the faltering economic conditions, oil price collapse, and lower demand from China," Morningstar said. "Yarra maintains a high-conviction portfolio, with an unwaveringly ...

Credit value exists in emerging markets

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
Despite the havoc wrung on emerging markets (EM) by both COVID-19 and now the oil crash, a global fixed interest investment manager still sees value in the higher quality part of the market. Western Asset Management said the double-barreled shocks of ...