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Showing 3041 - 3050 of 9316 results for "Red"

ANZ profits halve, dividend deferred

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2020
ANZ has announced a 51% reduction in profits for 1H20 compared to last year as it defers its interim dividend awaiting greater clarity of the impact COVID-19 will have. The big bank's half-year results show a statutory profit after tax of $1.55 ...

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
Investors redeemed over $3.8 billion from local managed funds in April, in the largest monthly net outflows on record, according to Calastone. So far, November 2018 has been the only month with material net outflows in Australia as investors responded ...

COVID-19 shines a light on ESG: First Sentier

ELIZA BAVIN  |  WEDNESDAY, 29 APR 2020
The COVID-19 crisis has brought ESG to the fore and will give greater momentum to responsible investment processes, according to First Sentier Investors. Kate Turner, responsible investment specialist at First Sentier, said that ESG is at the top of ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
Has the world reached peak isolation? The growing clamour to ease/end social restrictions and lockdowns indicates that "inmates" are growing restless. Humans, after all, are social animals. There's only so much online interaction - Facebook, Whatsapp ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
Australia has received a below average grade from Morningstar for the regulatory and tax frameworks that its managed funds face. As part of its biannual Global Investor Experience report, the research house assessed the experiences of mutual fund investors ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
With market volatility impacting the investment platform's funds under management, Raiz has taken "decisive steps" to cut $1.2 million in costs. It comes as the platform reveals its superannuation product grew by 75.2% to $66.25 million compared ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
Central bank action including buying corporate bonds combined with cheapened valuation has led BlackRock Investment Institute to upgrade credit to a modest overweight. BlackRock's latest six to 12 month tactical views on major global asset classes (in ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
ASIC has called on insurers to introduce flexible options, such as premium deferrals or reductions, to assist consumers during the COVID-19 pandemic. ASIC issued an open letter to general and life insurers outlining its expectations during the COVID-19 ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
A $38.9 billion ASX-listed real estate portfolio manager is set to bolster its balance sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional ...