Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 511 - 520 of 1754 results for "COVID"

Chief economist update: Japan's elusive virtuous cycle

BENJAMIN ONG  |  THURSDAY, 6 MAY 2021
... that prior to the pandemic for the time being, the economy is likely to recover, with the impact of the novel coronavirus (COVID-19) waning gradually and supported by an increase in external demand, accommodative financial conditions, and the government's ...

Finance workers to quit over flexibility

ANNABELLE DICKSON  |  WEDNESDAY, 5 MAY 2021
... 54% prefer flexibility in when they work, while 40% would like flexibility in where they work. In addition, 63% agree the COVID-19 vaccination should be made mandatory for all workers to return safely to work, with only 16% in disagreement. "New tools ...

The other side of the ETP growth story

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 MAY 2021
... the portfolio. Yates also pointed to the latest S&P SPIVA report which found that even when the markets were down during COVID-19 volatility, Aussie equities active managers largely failed to beat the benchmark. He said to the advisers in the audience ...

Retail funds take out MySuper performance

ANNABELLE DICKSON  |  TUESDAY, 4 MAY 2021
... performance echoed that of Australian and international equities. "Retail super is basically riding high on equities in post covid financial market recovery. The one-year return to March 2021 is the best one-year rolling return in last 15 years." Over ...

New partnership for BC Investment Group

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... regular communication with APRA on assessment of its application for a restricted banking licence. Following the onset of COVID-19, the regulator had temporarily halted approving any new banking licences. "Developing Novatti's new banking business is ...

Rise of the mega funds continues

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... "The stand-out issue in the industry is consolidation. We see an increase in ongoing merger activity - which kept up during COVID but will now accelerate, mostly in the industry funds sector," KPMG national sector leader, asset & wealth management Linda ...

More members monitoring superannuation

KARREN VERGARA  |  MONDAY, 3 MAY 2021
... participants that took part in the survey said they are taking more of a long-term view in regard to their super and wealth. COVID-19 has shaken the confidence of members and prompted them to prioritise saving as 55% are placing greater importance on ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... banking. He then went on to lead the American division of WIB in New York. "David has led the bank through the challenges of COVID-19, with a sharp focus on helping customers adapt and supporting New Zealanders through the recovery," King said. McLean ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
The Eurozone is back - back in recession, that is, dragged down into a double-dip by the coronavirus -- its resurgence (third time unlucky), its variants and the slow pace of vaccinations. Preliminary estimates released by Eurostat show the single-currency ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
An ASIC review of retail managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions ...