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Showing 481 - 490 of 2361 results for "Sharp"

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... displaying their typical defensive characteristics going into a period of uncertainty, until a week or two ago when there was a sharp collapse," he said. "This selling-off had a material impact on REITs. Australia was impacted hardest in the region ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... import-substitution when social isolation and lockdowns limit domestic spending - as would the negative wealth effect from the sharp decline in the financial markets. That's why no one's mentioning a currency war these days. We're all in ...

Westpac names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
Westpac has confirmed acting chief executive Peter King will take on the role permanently to steer the bank through ongoing uncertainty. In an announcement today, Westpac chair John McFarlane said King has agreed to take on the role for the next two ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
The current market corrections caused by the COVID-19 pandemic and subsequent shutdowns have sparked warnings from some not to forget the lessons of 2008 - especially, don't underestimate mortgage defaults. Thomas J. Barrack, a US private equity ...

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
... Cerulli. The research found ETF assets also plunged in February, declining nearly 7% to US$4.1 trillion ($6.8 trillion). "The sharp drop is tied to the fact that most ETF assets (76%) are in equity strategies," Cerulli said. "Net flows into the vehicle ...

COVID-19 to hasten merger talks

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
Latest analysis of Australia's superannuation industry shows COVID-19 may prove the catalyst for small superannuation funds to finally pull the trigger and merge. Rice Warner believes the turmoil experienced across financial services will soon force ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... likelihood that Australia's 28-year run of growth sans recession will come to an end has increased. Just have a look at the sharp dive the latest Markit Economics JP Morgan Global PMI has taken in February. Sorry, but that's all the data I have ...

Wall Street tumbles, ASX holds ground

ELIZA BAVIN  |  TUESDAY, 17 MAR 2020
... taking a battering since the coronavirus outbreak left the shores of China, with the S&P 500 falling another 12% overnight. A sharp cut in interest rates, stricter quarantine enforcements around the globe and a change of tone from US President Donald ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
There's now an index that tracks the value of collectable Hermes bags and they returned 13% in 2019, beating annual returns of other collectables like cars, jewellery, art and rare whisky. Knight Frank Luxury Investment Index, for the first time, added ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
While COVID-19 may have some reeling from uncertainty, active managers are seeing it as their time to shine as opportunities for growth crop up. T. Rowe Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from ...