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| | | The shock of the COVID-19 pandemic, which has now claimed more than 350,400 lives and will likely cost the global economy $1 trillion, has set off a chain reaction that will forever change our long-term return expectations and strategic allocations. ... |
| | | | ... staff to do". She also observed that Westpac had no training for working ethically in a culture that dictated she should "push" products. Another FSU worker named Miroslav, employed by the Commonwealth Bank, said his training at CBA focused on reporting ... |
| | | | A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19. The IAG & NRMA Superannuation Plan in February 2019 announced plans ... |
| | | | Stock exchanges around the world are reporting an uptick in their profits, as COVID-19 volatility pushes up their revenues from higher transactions. The New York Stock Exchange, NASDAQ, Tokyo and Japan exchanges have all reported a surge in their revenues ... |
| | | | ... through the short-term pain and dismal economic data to focus instead on support measures from governments and central banks to push equity markets higher, he said. "Our view is that weakness in economic data just means the economy is weak, and it's ... |
| | | | Oil is on track to make a quick and strong recovery despite expectations that a broader recovery is not on the cards for some time, according to State Street Global Markets. Ben Jones, multi-asset class strategist at State Street, said he expects to ... |
| | | | Easing of central bank monetary policy settings helped equity markets rebound and economies to recover from the "Great Recession" wrought by the Global Financial Crisis of 2009. Easing - this time, of social distancing and lockdown restrictions (implemented ... |
| | | | As COVID-19 pushes down asset prices, Cbus investment chief Kristian Fok is turning his focus to the buying opportunities ahead. The fund's board devalued its unlisted assets between 8-15% in response to COVID-19, and its March quarter returns stood ... |
| | | | ... funds - all of a sudden those super funds will actually go to market and sell stock to fund those redemptions, which will push those prices lower, potentially considerably lower." Australia's biggest listed companies would be fine, he said, as they are ... |
| | | | Although the COVID-19 pandemic has not discriminated in its destruction of both developed and emerging economies, Janus Henderson has warned investors to prepare for a dispersion of outcomes in the post-pandemic world. The more advanced emerging economies ... |
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