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Showing 3031 - 3040 of 9316 results for "Red"

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... claims for unemployment benefits as businesses shutter thanks to coronavirus shutdowns. Markets ended a strong month in the red, with the Dow Jones, S&P 500 and the Nasdaq falling 1.17%, 0.92% and 0.28% overnight. It comes as famed investor Warren Buffett's ...

Lloyds profits down 95%

ELIZABETH MCARTHUR  |  FRIDAY, 1 MAY 2020
UK bank Lloyds reported a profit plunge of 95% compared to the first quarter of 2019 in its latest results. The significant dive in statutory profit was impacted by an impairment charge which occurred due to changes in Lloyds Banking Group's reporting ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
Colonial First State has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... with combined fiscal and governmental stimulus around the world meaning traders are happy to keep buying despite the economic red flags." Investors should look to PMI data as a key indicator of growth, he said. "Growth will only start as the world gets ...

Now is the time to step up: FEW

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
At a time when most are concerned about making career moves, those on the path to leadership are being told now's the perfect time to put themselves out there. That's according to Financial Executive Women executive director Alex Tullio, saying there ...

Is it really as bad as it seems?

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
Pandemic, crisis, unprecedented; these are some of the terms that have been filling up our newsfeeds, but is this really such a big deal? Everyone has heard the phrase 'don't let the solution be worse than the cause' and many people think this is worth ...

Investment approaches in change phase

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
The COVID-19 crisis may be the push superannuation funds needed as investment processes make the switch from strategic asset allocation (SAA) to a total portfolio approach (TPA). At the end of 2019, before the effects of the pandemic reached Australian ...

Top adviser queries revealed

ALLY SELBY  |  THURSDAY, 30 APR 2020
Colonial First State's superannuation team has revealed the burning questions financial advisers are asking at the moment, with the team frequently fielding queries on early access to super and new social security measures. The queries included ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
A global investment manager has cut fees on its $3.4 billion flagship global equity fund, ahead of the government's changes to end conflicted grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global ...

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
Mission accomplished! This would have been the Reserve Bank of Australia's (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter ...