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Showing 1701 - 1710 of 1758 results for "Covid"

Bond fund spreads widen

KANIKA SOOD  |  MONDAY, 23 MAR 2020
... fixed interest allocations face deep buy/sell spreads, as poor liquidity forces funds to push them up significantly during COVID-19 volatility. Franklin Templeton, PIMCO, Ardea and Kapstream are some of the managers who have notified managers of a higher ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
... being accused of insider trading, having offloaded millions in stocks following private briefings on the likely impact of COVID-19 in late January. She is one of several senators who reportedly did the same. According to reports from The Daily Beast ...

SMSFs expected to outperform: Research

ELIZA BAVIN  |  MONDAY, 23 MAR 2020
... of research Alex Dunnin said: "This heavy exposure to low risk assets like cash may prove to be fruitful in the current COVID-19 climate as they may be better protected than the average not-for-profit and retail fund." "Some super funds' diversified ...

Australia to lean on super

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
The superannuation sector has been called on to act as a key pillar in Australia's response to the COVID-19 pandemic, with the early release of super a central tenet of the government's new policy initiatives. The government's latest suite ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
Slowly but surely, the wheels of industry - even social life itself - are grinding to a halt. If not for the invention of the internet and various apps, there wouldn't be any commerce or even virtual social interaction that would be taking place ...

Hamish Douglass remains confident amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Magellan chair and chief investment officer Hamish Douglass believes COVID-19 could lead to near total economic shutdown, but says his global equities portfolio is well positioned to withstand the current volatile environment. To reduce risk, Douglass ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Macquarie stock has plummeted amid the COVID-19 sell-off, with shares taking a further 12.9% dive on Thursday. Since the beginning of the COVID-19 sell-off (February 21), Macquarie shares have taken a 47.6% hit. At the time of writing, the financial ...

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... consultant's internal economic modelling is predicting a potentially "very large" recession for Australia this year, as COVID-19 rolls on. Frontier Advisors used the RBA's MARTIN, a new macroeconomic model the central bank built in 2018, to model ...

FPA advocates for reduced pension minimums

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
The Financial Planning Association of Australia is keeping itself busy amid COVID-19 uncertainty, with chief executive Dante De Gori urging the government to consider moves to ease the pressure on retirees, just weeks after he had an audience with the ...

Insurers halt some virus cover

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
Two of the country's biggest insurers have halted cover for COVID-19 for some new customers, in new exclusions since the outbreak of the virus. TAL and MLC Life have introduced new policy provisions for any new customers in response to the COVID-19 ...