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Showing 571 - 580 of 757 results for "Corona"

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
"It is very likely that this year the global economy will experience its worst recession since the Great Depression, surpassing that seen during the global financial crisis a decade ago. The Great Lockdown, as one might call it, is projected to shrink ...

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
Despite global market rebounds, Natixis Investment Managers believes the economic damage of the COVID-19 pandemic will stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
A Chinese-Australian funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
South Korea's KOSPI index has rebounded by 26.5% from the coronavirus-induced plunge that saw it hit an 11-year low of 1457.6 points recorded on March 19 this year - reducing its 2020 year-to-date loss by more than half to -16.1% from -33.7%. Similarly ...

Isolated advisers enter the digital age

ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology. For tech-savvy advisers the COVID-19 spurred shutdown will likely see no material ...

Never say never to RBA help: First State Super

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
One of the nation's largest superannuation funds believes now is not the time for the RBA to step in with liquidity support, but said it's a solution which shouldn't be ruled out. First State Super is confident it does not need specific ...

Trading platforms see record use

HARRISON WORLEY  |  THURSDAY, 9 APR 2020
The COVID-19 pandemic saw Australia's equity markets become a hive of activity throughout March, as self-directed investors moved to protect their portfolios from the crisis' economic fallout. Investment platform Self Wealth released its quarterly ...

Will COVID-19 kill the balanced option?

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
As consumers saw their superannuation balances nosedive when the COVID-19 pandemic began wreaking havoc on the market, many were surprised to learn their retirement savings weren't quite as safe as they thought, reigniting the debate around 'balanced' ...

It's not you, it's quarantine

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
Many financial advisers may need to gear up to handle the aftermath of couples growing apart as they're forced together. China was expecting a boom in births when it eased mandatory quarantine laws, instead it has seen a surge in divorce applications. ...

Consumers looking for reassurance: MetLife

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
New research from MetLife shows Australian consumers are looking to financial institutions to alleviate anxiety during the current COVID-19 crisis, but more than half claim they haven't heard from their super fund. MetLife's COVID-19 Insights revealed ...