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| | | The financial services industry in Australia is one of the lucky ones right now with businesses still operational but while firms seem keen to hang on to their people, pay cuts are commonplace. April insights from financial services recruiter Profusion ... |
| | | | When the COVID-19 crash hit markets, super funds copped a massive blow, but why they were all invested in such a similar way is an issue that still needs addressing. The superannuation industry had been under increasing pressure to perform, at the very ... |
| | | | With robo-advice yet to take off in Australia, and the cost of advice still too high for most people, has COVID-19 delivered the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so. Speaking to Financial ... |
| | | | As the conversation changes towards what the future will look like beyond COVID-19, the major topic at the forefront is what exit strategy lays ahead. Whether government, business or individual, the economic ramifications from the measures taken to ... |
| | | | The ability to adjust to rapidly changing economic data is a key advantage of flexible multi-asset strategies during the COVID-19 crisis. In an investor update, First Sentier Investors co-head of multi-asset solution, Kej Somaia said that although market ... |
| | | | The market damage of COVID-19 saw AMP's wealth management arm shed more than $18 billion during the first quarter. COVID-19 has left AMP around $18 billion shorter than it was at the beginning of the year, with the economic impact of the pandemic hitting ... |
| | | | Despite the havoc wrung on emerging markets (EM) by both COVID-19 and now the oil crash, a global fixed interest investment manager still sees value in the higher quality part of the market. Western Asset Management said the double-barreled shocks of ... |
| | | | With volatility still high, economic activity uncertain and investor sentiment low, a collapse in earnings could trigger another fall in risk assets. According to State Street Global Advisors senior investment strategist Raf Choudhury, this uncertainty ... |
| | | | Despite global markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national ... |
| | | | With the government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice. ... |
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