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Showing 1721 - 1730 of 1758 results for "Covid"

Chi-X continues TraCR roll out

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
... US companies. Chi-X Australia chief executive Vic Jokovic said significant market volatility thanks to the impact of the COVID-19 outbreak was causing investors to look for a way to diversify their portfolios. "The impact of COVID-19 on markets across ...

deVere launches global contactless advice offering

HARRISON WORLEY  |  WEDNESDAY, 18 MAR 2020
Global wealth management group deVere is responding to the COVID-19 outbreak by immediately launching a free, worldwide, contactless advice service. In an effort to ensure those seeking advice stick to global social distancing standards, deVere is launching ...

World rolls out stimulus

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
As Prime Minister Scott Morrison updated Australians about the measures being taken at home to stop the spread of COVID-19, other nations around the world have announced their stimulus packages to cushion the economic burden. The largest, unsurprisingly ...

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
... Latest insights show the fortunes of the 2019 equities rally laggards have changed, having so far come out on top during the COVID-19 crisis. Asia and emerging market strategies have topped their diversified global equities counterparts amid the dramatic ...

FASEA rethinks CPD, provides exam update

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... FASEA and its exam provider ACER have offered an update on what financial advisers can expect from the FASEA exam amidst the COVID-19 pandemic - taking a wait and see approach. Meanwhile, financial advisers are also calling for FASEA to reconsider its ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... markets, including the relaxation of some regulatory requirements and the acceleration of outstanding customer remediation. As COVID-19 impacts global financial markets, Australia's regulators have outlined plans to ensure the local system continues ...

Aussie ETF industry contracts

ALLY SELBY  |  MONDAY, 16 MAR 2020
... lost $2 billion in February as the industry contracted for the first time in more than a year amid fears of the spreading COVID-19 pandemic. According to BetaShares, the 3.1% month on month decline in funds under management was due entirely to falls ...

Australia narrowly avoids 0.9% GDP blow: KPMG

ALLY SELBY  |  MONDAY, 16 MAR 2020
The COVID-19 pandemic would have served Australia's GDP a 0.9% blow if it hadn't been for the government's $17.6 billion economic stimulus package, according to research released today by KPMG. The 0.9% near miss would amount to a $17 billion ...

US turns to QE, RBA to follow

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... a weekend fraught with frantic updates from world governments and businesses surrounding measures to slow the spread of COVID-19.Kerry Craig, global market strategist, J.P. Morgan Asset Management, said rate cuts are not effective if the transmission ...

Panic selling to do more damage: Ord Minnett

ELIZA BAVIN  |  MONDAY, 16 MAR 2020
... (2.65% in February)." Some of the recent market moves are part of a repricing event, not a distress event in response to the COVID-19 outbreak, Ord Minnett said. "Recent market moves are unprecedented and in some assets, largely unjustified," it said. ...