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Showing 511 - 520 of 5122 results for "Street"

Managed accounts use broadens

HARRISON WORLEY  |  WEDNESDAY, 22 APR 2020
... proving popular for financial advisers with lower-balance clients, according to new research from Investment Trends and State Street Global Advisors. The second SPDR ETFs/Investment Trends Managed Accounts report shows managed account use shot up by ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Liquid and ready: Cbus

ALLY SELBY  |  THURSDAY, 16 APR 2020
... Australian government to develop a new $300 million building in the heart of the CBD. The office building, located at 83 Pirie Street, will house the South Australian department of planning, transport and infrastructure. Atkin said the new development ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global macro policy research Amlan Roy, who argues the International Monetary Fund's prediction ...

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 ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... exposure. "Right now it's a very difficult market with nearly every sector facing major challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
... heartened equity market investors everywhere - from New York to Rio and ol' London town - underscored by the surge on Wall Street overnight. All major US benchmark equity indices rocketed: DJIA by 7.7%; S&P 500 by 7.0%, Nasdaq composite by 7.3% ...

Property manager, sovereign wealth fund enter JV

ALLY SELBY  |  MONDAY, 6 APR 2020
A $33.8 billion Australian property manager has acquired a 50% stake in a Collins Street skyscraper, forking out $644 million as part of a joint venture with a sovereign wealth fund. Dexus announced the establishment of a new joint venture with GIC ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... businesses. She predicts US fiscal stimulus could total between US$3-5 trillion; or 15-25% of GDP. Despite this, State Street Global Market's multi-asset class strategist Marija Veitmane believes US stocks will continue to outperform. "[The] US is weeks ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The Dow Jones has recorded its shortest bear market in the index's history, as investors regain confidence in a market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came ...