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Showing 41 - 50 of 1161 results for "GFC"

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
... UniCredit were fined a total of $585 million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of their traders in ...

Research aims to solve cash conundrum

ELIZABETH MCARTHUR  |  THURSDAY, 6 MAY 2021
... 96% since the Global Financial Crisis high of 8.25% and now sit at just 30 basis points, according to the research. A pre-GFC term deposit with $1.25 million could have generated $100,000 of annual income. Today, that same retiree would only have $3750 ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level since August 2010 "when Australia's post-GFC rebound and mining boom were in full swing" (Westpac). Australia's virtuous cycle continues to roll. Confident consumers ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... consumer confidence rose by 6.2% to a reading of 118.8 in March - the highest level since August 2010 "when Australia's post-GFC rebound and mining boom were in full swing" (Westpac). The survey was conducted from 5-10 April which means that respondents ...

Investment manager creates new executive role

ELIZA BAVIN  |  WEDNESDAY, 24 MAR 2021
... overlooked by others and delivered for investors," Giuffrida said. "Their experience in solving complex situations through the GFC and recent pandemic has further strengthened their place in the market. I couldn't pass up the chance to be part of the ...

Government fund names new chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... instrumental to AvSuper's continual expansion of services to our members, and in steering us through the challenging times of the GFC, COVID-19 and the significant regulatory change that has occurred over the past decade." Sykes will commence in ...

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... could reverse its policy accommodation sooner-than-expected. After all, the Fed did start raising interest rates (after the GFC) in December 2016 (and continued to do so) even when inflation expectations were lower than present. Then again, current actual ...

Give the people advisers: Retirement Income Review

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... balance. Earlier research by First State found that 83% of members over age 50 who switched to a more defensive option during the GFC missed the rebound in markets and had not switched back by the end of 2009-10. Meanwhile, research from Investment Trends ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... listing nearly 20 years ago. The brand damage has been extensive in recent years while it never recovered properly after the GFC," he said. "Management has offered a lot of plans over the last decade but the execution has been accumulation of failure ...

Future Fund risk aversion not at historic levels

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... neutral," Future Fund chief executive Raphael Arndt said yesterday, as it posted its first negative annual return since the GFC. Future Fund uses Equivalent Equity Exposure (EEE), as an estimate of the total amount of market exposure it has when it looks ...