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Showing 3591 - 3600 of 17956 results for "Bank"

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
A Macquarie Bank cash offering has seen record interest as financial advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits ...

Healthcare outperforms as financials plummet

ALLY SELBY  |  FRIDAY, 17 APR 2020
... 18.5% over 20 years." This is mostly thanks to global biotechnology company CSL, which recently unseated the Commonwealth Bank as Australia's largest company by market cap. "Because of its size (CSL represents about 70% of the S&P/ASX 200 healthcare ...

Telstra issues 10-year bond

ALLY SELBY  |  FRIDAY, 17 APR 2020
... including pre-funding of future debt maturities. "Since mid-March Telstra has also secured an additional $940 million in bank facilities, and Telstra now has a total of $3.6 billion of committed bank facilities," the telecommunications company said. ...

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... the Legg Mason Western Asset Australia Bond Fund said that whilst quantitative easing can broadly define what many central bank responses has been, the RBAs response has offered more "nuances". "In our view, the RBA's emergency rate cut of 50 bps in ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
A $10 billion industry superannuation fund has managed to lock in gains from a tail-risk hedging strategy during recent market volatility amid the COVID-19 pandemic. Vision Super has had tail-risk protection in place for its defined benefit plan for ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... -- which has the tenth best pension system in the world, according to Melbourne Mercer Global Pension Index -- the central bank has allowed four of its five public pension funds to increase their investments in riskier assets. Meanwhile, in the United ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... It comes as the US's biggest banks struggle to grapple with the impacts of the spreading coronavirus, with Citibank, Bank of America, JP Morgan and Wells Fargo all recording share price losses overnight (5.64%, 6.49%, 4.93% and 5.77% respectively). ...

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Global consulting firm McKinsey & Company has issued a new report on how the COVID-19 pandemic will impact wealth management in the Asia Pacific region, including what might happen if the virus continues to spread. "Past epidemic crises have had sharp ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
First Sentier Investors believes listed infrastructure has been mispriced as a result of COVID-19 pandemic, creating a buying opportunity for shrewd investors. First Sentier deputy head of global listed infrastructure Andrew Greenup said global listed ...

COVID-19 is not the only factor: deVere

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
... remains a key headwind. Green said another concern should be the longer-term inflation threat as already bloated central bank balance sheets are on track to become larger. "As with the asset purchase initiatives rolled out in the last financial crash ...