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Showing 461 - 470 of 3123 results for "Crisis"

Sovereign investors keen on gold, infrastructure

KANIKA SOOD  |  TUESDAY, 21 JUL 2020
... (fixed income). Adding on GFC lessons and the lack of withdrawal imperatives, they were well positioned going into the crisis, according to the report which polled 139 institutions (83 sovereign funds and 56 central banks) with US $19 trillion at March ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... says the expanded scheme will shift from providing access to working capital to helping businesses stay afloat during the crisis to now also enabling them to access more affordable and longer term credit so that they can invest for their future. Commonwealth ...

Super to tip into negative cash flows: Research

ELIZABETH MCARTHUR  |  MONDAY, 20 JUL 2020
... cash flow position in FY20. That comes on top of the 40 funds who were already cash flow negative going into the COVID-19 crisis." He added that the next three years are likely to be critical for funds as they attempt to recover from COVID-19. "Decreasing ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... was China's double-digit growth (when almost everybody else was falling into a recession) during the global financial crisis that helped keep recession away from the Australia. Australians all would be rejoicing at the swift recovery in China's ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
... found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according to the research. State Street ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged and unhedged ...

Optimism, resilience high on the recruitment checklist

ALLY SELBY  |  THURSDAY, 16 JUL 2020
... need to display qualities of optimism, self-motivation, resilience and mental agility to nab a role during the COVID-19 crisis. That's according to specialist recruiter Super Recruiters, who argue a second wave of COVID-19 will bring with it a raft of ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... have accessed their super to pay bills was because government had not done enough to support workers through the COVID-19 crisis. "A 25-30 year old who withdraws $20,000 over these two years will be $79,000- $95,000 worse off by retirement," Connolly ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... billion) to brace for COVID-19 related loan losses, as Wells Fargo posts its first quarterly loss since the Global Financial Crisis. Citigroup saw its net income dive 73% from the previous period, driven by a substantially higher allowance for credit ...

Global public debt to reach 101.5% of GDP: IMF

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
... out of the woods. Even as many countries tentatively exit the Great Lockdown, in the absence of a solution to the health crisis, huge uncertainties remain about the path of the recovery," the IMF said. "The top priority is still public health. Policies ...