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Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
It's beginning to look a lot like the Eurozone economy wouldn't be able to dodge a double-dip recession given tighter and/or extended coronavirus restrictions and lockdowns remain in place in many of its member countries. Eurozone GDP fell into ...

BlackRock appoints APAC lead

JAMIE WILLIAMSON  |  WEDNESDAY, 10 FEB 2021
... what we offer must reflect the region and its needs, so the opportunity to accelerate BlackRock's APAC business over the next decade is a game changer. I have seen first-hand how our business really takes flight when we get closer to our clients," ...

Ethical fund awards registry mandate

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
... Ethical director of operations James Davidson said the firm's experience with OneVue has proven an ideal partnership for its next phase of growth. "We greatly look forward to embarking together on this journey to bring our purpose-driven ethical investment ...

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... or 9.8% of the total issued capital. Pinnacle said Macoun has committed to not sell any of his remaining PNI shares in the next six months or until after FY21 results. He has also committed to staying in the role at least until 2023, according to Pinnacle ...

No tech bubble: BlackRock

ELIZABETH MCARTHUR  |  TUESDAY, 9 FEB 2021
... as obviously stretched, as we expect low interest rates and a vaccine-led economic restart to support risk assets over the next six to 12 months," the researchers said. "We also see sector-specific drivers for growth. The pandemic has made the case for ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... remains tremendous slack in the labor market, and it would take unprecedented job growth to return to full employment in the next few years." Madam Yellen's is backed by the latest US non-farm payrolls report that showed the economy added 49,000 jobs ...

NEOS, ClearView lead satisfaction

ELIZABETH MCARTHUR  |  TUESDAY, 9 FEB 2021
... 2020, with 56% of primary users rating it as providing the best service as opposed to 54% favouring ClearView. Zurich was the next most satisfactory insurer, according to the 524 advisers surveyed by Investment Trends. The survey found the top challenge ...

Investment Trends hires head of strategy

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... months earlier to join Iress. Brennan said Tunny brings a wealth of experience and expertise to lift Investment Trends to the next level. He has 18 years of experience in financial services across wealth management and banking spans senior positions ...

Another glitch for the ASX

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
... ASX's new website. Back in October last year, all market sensitive announcements were unavailable on the day of the launch. Next in November, the ASX Trade system, the trading platform for ASX's equity market, glitched just before 10:30 am on the ...

What to expect from February reporting season

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... was an upside risk to earnings while only 10% saw a downside skew risk to earnings. Many financials will start reporting next week, with Challenger and Macquarie slated for Feb 9, Commonwealth Bank for the February 10 and AMP, ASX and Magellan for February ...