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Showing 301 - 310 of 852 results for "Market volatility"

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
... leading to lower revenue for the year. "Our diversified business model has provided some protection against market volatility, with Perpetual Corporate Trust in particular continuing its growth momentum and delivering record results this year," Adams ...

S&P 500 rebounds from COVID-losses

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... while a review of the phase-one US-China trade deal is in limbo. These are two potential catalysts for equity market volatility." Consumer discretionary (+1.46), communication services (+1.09%) and information technology (+0.39) lead the gains amongst ...

Netwealth reports $43.8m in FY20 profits

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... growth in new clients. It flagged cash balances may fall as percentage of the FUA depending on COVID-19 related market volatility. Ord Minnett called the result "solid against [COVID-19] backdrop" but still has the stock on sell given its greater than ...

Advisers bolt to cash, gold

ANNABELLE DICKSON  |  FRIDAY, 14 AUG 2020
... ETF Securities chief executive Kris Walesby said: "Precious metals continue to hold appeal as a hedge against market volatility. Gold pushed through the all-time high mark recently and is likely to maintain value for some time due to quantitative easing ...

IOOF, LUCRF Super on ERS workload

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 AUG 2020
... also provided some insight into how the $6.5 billion industry fund handled this tumultuous period. "In terms of market volatility, this has certainly significantly increased our call volumes which doubled, tripled and then quadrupled," she said. "We ...

Wealth manager takes massive profit hit

ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
A global pandemic and subsequent market volatility have hit wealth manager AMP, taking a near 50% profit hit compared to the same period last year. AMP provided an update on its 2020 interim operating earnings to the ASX, citing the impact from market ...

Citi adds to markets, custody leadership

ELIZABETH MCARTHUR  |  MONDAY, 27 JUL 2020
... years. "Sara's experience and insight will be welcomed by our clients as they continue to navigate heightened market volatility caused by the pandemic." McKerihan joined Salomon Brothers as a salesperson with responsibility for central banks in non-US ...

Netwealth launches Milliman managed accounts

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... Netwealth to widen the distribution of its first range of managed accounts that aim to dampen the effects of market volatility. Milliman's first managed account offering, SmartShield, launched exclusively on HUB24 back in March. The series leverages ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... expected from existing and new clients in the quarter did not occur, largely due to impacts of COVID-19 and extreme market volatility," Powerwrap said. "It is currently expected that the slowdown in flows experienced over the quarter represents a delay ...

Saxo Markets adds options to platform

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... single stock options, which complements our international stock options offering," he said. "With the current market volatility and general mood of uncertainty with the economy and society, we have not only seen an increased level of client activity ...