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Showing 411 - 420 of 757 results for "Corona"

Financial stress increases despite relaxed conditions

HARRISON WORLEY  |  THURSDAY, 21 MAY 2020
Australians are more financially stressed than they were before the Prime Minister announced plans to restart the nation's economy, according to latest research. The latest wave of the Melbourne Institute's Taking the pulse of the nation survey shows ...

Advisers involved in ERS scams: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
ASIC superannuation senior executive leader Jane Eccleston has written an article pointing to financial advisers as part of the problem in scams targeting people's super amid COVID-19. Eccleston said: "ASIC is concerned that some advisers may use the ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
QSuper will take the management of its social responsible investment option in house and has changed the definition of pandemic illness. AMP Capital will no longer manage QSuper's socially responsible investment option as of 1 July 2020. "This change ...

Australian ETF market shows strength

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
The Australian ETF market grew 24% to $56.9 billion, despite the COVID-19 share market correction, according to the 2020 ETF Report by Stockspot. The report found the ETF market size has tripled since 2016 and has become the preferred way to access ...

ATO allows ERS access to New Zealanders

ELIZA BAVIN  |  WEDNESDAY, 20 MAY 2020
The Australian Taxation Office is allowing New Zealanders with KiwiSaver accounts to access the Early Release of Superannuation scheme through a loophole. In an update to its Design and Implementation document, the ATO said those with a KiwiSaver account ...

Opportunities exist in high yield: Eaton Vance

ALLY SELBY  |  TUESDAY, 19 MAY 2020
Wealth manager Eaton Vance believes there to be investment opportunity in the current volatile environment for global high yield investors, with relatively attractive returns expected for the coming 12 months. Following the strong rally in asset markets ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
The head of global asset allocation at Janus Henderson has sounded the alarm on risk assets, warning the rally seen in April has so far ignored the threat of economic tailwinds from the COVID-19 pandemic. Janus Henderson's Ashwin Alankar warned investors ...

Oil to make strong recovery: State Street

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
Oil is on track to make a quick and strong recovery despite expectations that a broader recovery is not on the cards for some time, according to State Street Global Markets. Ben Jones, multi-asset class strategist at State Street, said he expects to ...

Global dividends to fall 15%: Janus Henderson

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
Dividends in the first quarter were almost entirely unaffected by the COVID-19 pandemic but for the rest of the year the impact will be significant, according to the latest Global Dividend Index from Janus Henderson. The company said Q1 represented ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
Private equity firm KKR, which recently acquired Colonial First State, is in hot water in the US over claims a health company it owns cut doctors pay amid the COVID-19 crisis. KKR acquired a 55% stake in CFS on 12 May 2020 for approximately $1.7 billion. ...