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Showing 371 - 380 of 1328 results for "AFFECTED"

ERS at risk of significant delays: ISA

ELIZA BAVIN  |  TUESDAY, 21 APR 2020
... represents have been public in their support for the ERS measures. "Early release is designed to help Australians financially affected by COVID-19. It's Australian members' own money, and only they can make the decisions that are right for them ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
... Management's Atlantic Absolute Return Fund, which has a stellar long-term track record, fell 58.6% in March as COVID-19 affected markets. The fund has posted 23.1% in net annualised returns since its inception about 16 years ago. But performance ...

Millions jobless within weeks: Grattan

HARRISON WORLEY  |  MONDAY, 20 APR 2020
... are also likely to be hit harder, because they are more likely to be employed in the occupations and industries most affected by the response to COVID-19. Ultimately, the institute believes the impact of the crisis on employment and economic activity ...

Tail-risk hedging pays off for super fund

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... just 1816 are in surplus. In explaining the volatility, Pension Protection Fund said: "The value of scheme assets is affected by the change in prices of all asset classes, but owing to the volume invested and the volatility, equities and bonds are the ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... withdraw $10,000 for this financial year and the next from their superannuation savings if their employment has been affected by COVID, in a move that was panned by the opposition and industry funds lobby. Australia is not the only country to allow early ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... Goldman Sachs disclosed its profits had plunged 46% in the last quarter. "Our quarterly profitability was inevitably affected by the economic dislocation," Goldman chief executive David Solomon said in the firm's quarterly report. "As public policy ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... Shipton said. "We also acknowledge that they are taking special measures to support their customers who are adversely affected. We expect them to continue to act fairly and in the best interest of consumers in these extraordinary times. "To assist firms ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... consequence of needed containment measures. This makes stimulating activity more challenging and, at least for the most affected sectors, undesirable." In January, the IMF titled its WEO report with Tentative Stabilisation, Sluggish Recovery?. That was ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
... horizon." Although stimulus measures have been enacted globally, Lafferty said that many still have not reached those affected by the crisis. "The size of global fiscal and monetary stimulus is overwhelming, but implementation has been mixed," he said. ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... in over a decade - and reduced the Bank Intermediated Lending Support Facility rate by 50 bps to 0.25% to support SMEs affected by the virus, as well as broadening the eligible collateral for open market operations. Positive developments in the country's ...