Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 281 - 290 of 2165 results for "Recovery"

Schroders launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... generating strong returns above benchmarks." He added that China is now leading other countries in terms of its economic recovery following the pandemic, and industrial activity has improved while domestic consumption is almost back to pre-pandemic levels. ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... QE or taper QE or increase QE. RBA governor Philip Lowe's statement gives us a wink and a nod: "Despite the strong recovery in economic activity, the recent CPI data confirmed that inflation pressures remain subdued in most parts of the Australian ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... Australian and international equities. "Retail super is basically riding high on equities in post covid financial market recovery. The one-year return to March 2021 is the best one-year rolling return in last 15 years." Over five years industry funds ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... from 19% of the funds' net asset value in the last quarter of 2019 to 3% in the first quarter of 2020, before a moderate recovery to 6% in the second quarter of 2020. "However, this deterioration had little to no negative impact on investor redemption ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...

Property Funds Association appoints president

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
... seeing across the traditional and emerging property asset classes has been inspiring and will play a key role in the COVID recovery." A new vice president has also been named in Melissa Kingham, executive director of the Haben Property Fund. She has ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... March, up from 34.43 million in February and 35.76 million in January" - a likely offshoot of the strengthening global recovery and world government's stimulus and counter-cyclical efforts to sustain this. Besides these, China's anti-pollution ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... earnings expectations, the rate of vaccinations in Europe and in the US has been accelerating, and the global economic recovery is gaining momentum. Mea culpa, but I've forgotten to include the commitment and assurances from global central banks ...

Restructurer and auction house form JV

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... sales to enable them to course correct," Aubrey said. "Achieving the highest price can make all the difference in the recovery of a business." The latest development follows Gordon Brothers appointing Brendan Smyth as head of Australian valuations last ...