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Showing 421 - 430 of 1396 results for "East"

COVID-19 to lead to deglobalisation: Amundi

ALLY SELBY  |  TUESDAY, 21 APR 2020
... challenges as well as their developed counterparts, Amundi said. "After the first wave of the COVID-19 outbreak in China and East Asia, and the second wave in Western Europe and North America, a third wave now looks to be building in several EM and frontier ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
... businesses," Craig said. "Low oil prices will also put pressure on commodity-exporting emerging markets, such as Russia, the Middle East and Latin America. However, this benefits importers in Asia, especially India, whose current account deficit position ...

Wall Street surges as Sanders drops out, Wuhan reopens

ALLY SELBY  |  THURSDAY, 9 APR 2020
News that Wuhan, the epicentre of the COVID-19 pandemic, has now opened for business saw Wall Street surge overnight, with the S&P 500 once again entering bull market territory. From its March 23 lows, the S&P 500 has surged 23%, signifying the end ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... February end. Prodigy was an 80/20 joint venture with Euroz, which was looking to expand its funds management presence to the east coast. Tucker was a director of Euroz-owned fund manager Westoz Investment Company when the JV came about. Euroz expects ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... expand its Queensland footprint. "With the proven growth and growth targets that Centuria are looking to achieve in South East Queensland, as well as the belief in a hands-on approach to managing property, it is perfect timing to establish a Brisbane ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... on offer," Knight Frank joint national head of private office Sarah Harding said. "Ultra-wealthy investors from the Middle East and Europe are leading the charge in growing demand for collectables, while nearly all of the Australasian investors are expected ...

Pension fund acquires Plenary Group business

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2020
Plenary Asia Pacific is set to offload its North American operations to a $390 billion pension fund. Caisse de depot et placement du Quebec (CDPQ) will acquire Plenary Americas' in addition to the controlling stake already held through its PPP portfolio. ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... the affected countries can keep a lid on the spread of the virus. With COVID-19 now spreading through Europe and the Middle East, that looks unlikely." Shane Oliver, chief economist at AMP Capital, said that March quarter growth is already likely to ...

GAM profits fall 92%, management team overhauled

JAMIE WILLIAMSON  |  FRIDAY, 21 FEB 2020
... outflows from the firm, there were some positive signs with net-new money in markets such as Australia, Japan and the Middle East," Sanderson said.

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... billion in assets, shrink its investment bank and close a third of its US branches as it shifts focus to Asia and the Middle East. Interim chief executive Noel Quinn said the changes are significant and warned of "meaningful" reductions to the workforce ...