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Showing 271 - 280 of 1129 results for "Gross"

Equities attractive in search for yield: Zenith

ELIZA BAVIN  |  WEDNESDAY, 27 MAY 2020
Australian equities have not been immune to the effects of COVID-19, with company earnings taking a material hit, despite the equity market rallying from its lows in mid to late March, according to Zenith Investment Partners. Zenith said a flow on effect ...

Revenues lift 30% at Xero

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... loss for the full-year in 2019. Xero attributed the rise in net profit to ongoing growth in operating revenue, improved gross margins, and disciplined management of operating costs. Xero chief executive Steve Vamos said helping the firm's clients during ...

Emerging markets weather varied COVID-19 storms

ALLY SELBY  |  THURSDAY, 7 MAY 2020
... world, emerging economies previously reliant on the benefits of globalisation, must rely on new innovative sources to expand gross domestic product. Initiatives to diversify supply chains will be accelerated on the other side of COVID-19, they argued ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... developed markets, investing in both equities and derivatives. Over the past year to March 2020, the fund returned -17.4% gross and -18.3% net. Since its inception, the fund netted an annual return of -5.9%. The Diversified Alpha strategy returned -3.7% ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... annual cash rate well below 1%. "This means that even $1 trillion of extra spending (more than one half of Australia's annual gross domestic product) would carry a price tag of $10 billion a year or about $400 per person," Holden and Morley said. "As ...

Westpac flags $2.2bn impairment

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... decrease. The CET1 capital ratio as at March 31 is expected to be 10.8%. This impairment equates to about 62 basis points of gross loans (annualised). This compares to 13 basis points in 2H19 and nine basis points in 1H19. It's largely due to significant ...

Billionaires club rakes in cash amid COVID-19 crisis

ALLY SELBY  |  FRIDAY, 24 APR 2020
... increased by an estimated $39.3 billion (US$25 billion) as of April 15. "This unprecedented wealth surge is larger than the Gross Domestic Product of Honduras, US$23.9 billion in 2018," the Institute for Policy Studies said. Similarly, Tesla chief executive ...

Credit value exists in emerging markets

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... would rely on external, local and multilateral sources for relief programs, it said. "At the beginning of 2020, we expected gross EM hard currency sovereign issuance to be approximately $150 billion, much of which would go to refinance existing borrowings," ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... 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 licensee ...

AMP Capital wholesale property fund rejigs withdrawals

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... of acquisitions in 2020), has deferred the planned construction of an industrial asset and has trimmed AREITs to 4.7% of gross assets from 9% previously. Asset valuations will move from quarterly to monthly unless the property is being marketed for sale ...