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Showing 2481 - 2490 of 10303 results for "STI"

EM winners, losers emerge in COVID-19 struggle

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The pandemic has created compelling investment opportunities in emerging markets, while the bigger players face increasing scrutiny over their bungled responses and dismal transparency. That's according to Michael Cirami, co-director of global income ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
With most of us, Australians all, only just emerging from isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In ...

Chief economist update: COVID-19 nightmare makes Brexit a dream

BENJAMIN ONG  |  THURSDAY, 18 JUN 2020
June 23 marks the fourth year anniversary of Brexit - the day a referendum was held (and Britons voted in favour of) the United Kingdom leaving the European Union (EU). The uncertainty (horror) of it all sent Sterling's effective exchange rate diving ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
The industry super fund that is home to several superannuation startups has notified members it will be transferring all accounts to another master trust. LESF Super will be merged into Smartsave 'Member's Choice' Superannuation, with the ...

Vanguard taps former industry fund boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
Global funds management giant Vanguard is continuing its push into Australia's superannuation sector, hiring a former industry fund chief executive to oversee the growth of its super offering. Vanguard has appointed former AustSafe Super chief executive ...

Schroders nabs Mercer product boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
The regional head of Mercer's product and solutions management offerings has jumped ship, joining Schroders as head of product. Schroders has hired Natalie Morcos as the firm's local head of product. Morcos replaces the US-bound incumbent Stephen Kwa ...

Hedge funds in the green in May

ALLY SELBY  |  WEDNESDAY, 17 JUN 2020
Global hedge funds have posted another month in the green, with roughly one fourth of fund strategies now reporting positive returns for the year. Hedge funds around the globe returned 2.54% on average in May, with nearly a quarter posting average returns ...

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis. In its most recent Natixis Investment ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
"...and I think to myself, what a wonderful world." -- Louis Armstrong It seems a long, long time ago but it's only been three whole trading days (June 11) since Wall Street suffered a big fall - the day US benchmark equity indices closed sharply ...

Flamingo AI acquisition scrapped

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
ASX-listed Flamingo Ai's proposed sale of its assets to Rymamay Investments has been scrapped after due diligence by the latter, as the parties couldn't agree the terms of the share sale agreement. Flamingo's board has now set itself a 30-day timeline ...