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Showing 271 - 280 of 3618 results for "Interest rates"

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... stocks and bonds for positive returns. Outlined in its recent Year Ahead 2024 report, the UBS CIO team said as interest rates fall, quality bonds will deliver both attractive income and capital appreciation. "We think weaker growth should contribute ...

Private market deal activity set to persist amid high-rates: Aviva

ANDREW MCKEAN  |  TUESDAY, 21 NOV 2023
... Separately, Aviva's head of investment strategy Michael Grady commented last month that as 2023 draws to a close, peak interest rates in major global economies may be imminent, if not already there. "The market now seems to be concentrated with the idea ...

Interest rate hikes are working: Bullock

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... Reserve Bank of Australia governor Michele Bullock defended the central bank's use of monetary policy and hiking interest rates amid many challenges that looks to keep inflation at stubborn levels over the next two years. Speaking at the ASIC Annual ...

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... the most challenging environments for financial firms and their customers following the global pandemic, rising interest rates, a sharp escalation in scam activity and significant natural disasters. "We have dealt with hundreds of thousands of cases ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... Despite assumptions, the stellar results have come at the expense of the Aussie population, who have faced higher interest rates and increased mortgage repayments, PwC Australia banking and capital markets leader Sam Garland said this isn't the case. ...

ANZ rakes in $7.4bn profit

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... to the pandemic and with more capital than ever before. This is critical as we enter a period of continued high-interest rates, rising costs and geopolitical tensions," he said. Elliott explained that ANZ carefully managed costs to partially offset the ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... the report, insurers reviewing their investment strategy expressed the most significant concerns as increasing interest rates (61%), inflation (58%), and evolving forward-looking expectations (50%). The report clarified that 90% of insurers mentioned ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... passive counterparts over three, five, and 10-year periods by a substantial margin. Amid the recent trend of rising interest rates in most developed markets, active funds have also surpassed passive strategies in the bonds-global category over the past ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Soaring interest rates bolstered Westpac home and business loan books which ultimately saw the bottom line jump by 26% to $7.2 billion. The major bank's full-year performance to September reaped from $70 billion worth of home loans that transitioned ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
... to the same period in 2021. Lee perceived that policymakers have "taken the punchbowl away," warning that high interest rates are likely to persist for the foreseeable future. This has led to a surge in bond yields and a corresponding downturn in equity ...