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Showing 161 - 170 of 691 results for "Virtu"

Hostplus can't be killed: Sicilia

ELIZABETH MCARTHUR  |  FRIDAY, 18 SEP 2020
Hostplus chief investment officer Sam Sicilia has firmly rebutted speculation that COVID-19 and the early release of super scheme could have caused a liquidity crisis, detailing a series of extreme events that wouldn't "kill the fund". "There was never ...

Chief economist update: As luck would have it

BENJAMIN ONG  |  FRIDAY, 18 SEP 2020
"Australians all let us rejoice... in joyful strains then let us sing, Advance Australia Fair." It wasn't supposed to go this way. Given the re-imposition of lockdown in Melbourne and most Australian states "closed border" policy, financial markets ...

Industry, APRA mull super merger costs

JAMIE WILLIAMSON  |  THURSDAY, 17 SEP 2020
Superannuation industry stakeholders are in talks with the prudential regulator to devise a lower cost option for fund mergers, with smaller funds currently facing the potential of being priced out of merger opportunities. Appearing as part of a session ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
Two major industry superannuation funds have this week made bold statements about their stance on climate change, but critics argue it may be "virtue signalling" with little substance. UniSuper announced this week it is committed to achieving net zero ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
"You're Marines now. You adapt. You overcome. You improvise." - Heartbreak Ridge The coronavirus pandemic has been likened to a war. US president Trump called it "the invisible enemy", French head of state Macron declared that France was "at war" ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
They came, they deliberated, they...well...didn't do anything. At its September 10 meeting, the European Central Bank's (ECB) governing council decided to keep interest rates unchanged - repo rate at 0.00%; marginal lending facility rate at ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
Don't look now but it appears that it's not just COVID-19 seeing a second wave. Saudi Arabia is also taking a second bite on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab ...

Technology can ease adviser red tape: Academic

KARREN VERGARA  |  THURSDAY, 3 SEP 2020
Digital innovation could be the answer to tackling product-choice confusion and reducing red tape in the financial advice sector, according to an academic. Pamela Hanrahan, a lawyer and professor at University to New South Wales Business School, told ...