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Showing 571 - 580 of 2719 results for "PIC"

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
Bad timing it may be but, it is what it is. The coronavirus pandemic struck just when the dark clouds of Brexit uncertainty lifted over the United Kingdom. For the best part of three years, Brexit was on every Brits mind - dampening business investment ...

The next big short

ALLY SELBY  |  THURSDAY, 23 APR 2020
Late last year, before extreme weather events battered the world, before COVID-19, The Big Short 's Michael Burry said he had found the next bubble: passive investments. Now, with asset prices trembling in the face of the pandemic, could there still ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
When the COVID-19 crash hit markets, super funds copped a massive blow, but why they were all invested in such a similar way is an issue that still needs addressing. The superannuation industry had been under increasing pressure to perform, at the very ...

Best, worst global equities funds in March quarter

KANIKA SOOD  |  THURSDAY, 23 APR 2020
Paul Moore's PM Capital Global Companies was the worst performing global equities fund in the March quarter in Morningstar's universe, while a Stewart Investors fund came out on top. In the March quarter, while the local S&P/ASX Small Ords Total Return ...

Mayfair 101 pushes on

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
The embattled Mayfair 101 is pushing ahead with the launch of a new property bond, advertising it as an exclusive fixed income investment opportunity. Mayfair has been restricted in its promotion of debenture products after action by ASIC. The regulator ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months. From 27 February 2020 to 23 April 2020 the ASIC FAR dropped from 23,226 advisers (excluding time share ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
If this is as bad as it gets, give me coronavirus everyday (well, hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as 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 ...

Top picks for dividends during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
UBS says the dividend dip in Australian stocks in the next year could be worse than the Global Financial Crisis, but six stocks are poised to pay good dividends. In 2008, dividends fell by $10.5 billion (or 28%) to $44.9 billion. But this time, dividends ...