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Showing 541 - 550 of 4270 results for "Yesterday"

Frontier warns super fund clients of recession

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... recession, as defined by two successive quarters of negative GDP growth, according to a presentation sent to its clients yesterday. This is a far cry from the 2% growth expectation that Frontier pegged to the Australian economy at the start of this year. ...

Banks defer small business loan repayments

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... everything to support Australia's businesses. CBA responded within minutes to pass on the RBA's emergency rate cut yesterday, which saw the cash rate hit a new historic low of 0.25%. Financial regulators have also jumped on board to help struggling ...

Buy now but can they pay later?

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
Afterpay has been the latest stock to take a significant hit in the current environment as investors are concerned those who buy now may not be able to pay later. The company finished 33% lower in yesterday's session, wiping around $1.5 billion ...

Superannuation fund delays custodian swap

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... perspective, given the prevailing circumstances of high uncertainty and extreme market volatility," it said in a statement yesterday. "In making this decision, we acknowledge and appreciate the continued support from both Northern Trust and our incumbent ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... increase in their usage. Trading volumes are 30 times higher than average trading volumes," Vynokur told Financial Standard yesterday. "The liquidity has been fantastic. We are seeing trading of over a $100 million every day in these ETFs. BBOZ has done ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
... Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share Fund and the Colonial First State Developing Companies Fund ...

National Stock Exchange names new chief executive

ALLY SELBY  |  THURSDAY, 12 MAR 2020
... Technology Index late last month. The NSX said its current interim chief executive, Tom Price, stepped down from the role yesterday. However, he will remain a non-executive director of the exchange. In the release, Karantzis was heralded for his wealth ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as the benchmark fell 7.3% or 455 points. It was the biggest intraday percentage fall for the local benchmark since the ...

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... its diversification. Appearing before the Senate Finance and Public Administration Legislation Committee in Canberra yesterday, Arndt was asked about the Future Fund's capacity to handle the investment impact of the coronavirus by Tasmanian Greens ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
... about $12 million, priority claims owed to employees of about $2 million and intercompany loans of about $75 million. EY yesterday said it had found a potential buyer for the eight companies, and entered an exclusive sales agreement with them. The creditors ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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