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Showing 641 - 650 of 2179 results for "In March"

Robo users double down during COVID-19

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... markets. In a normal period, Six Park sees about 10-15% of users top up their accounts over a two month period. But, in March and April the top up rate went up to 25%. Six Park chief executive Pat Garrett said this was a sign that clients understand ...

Chief economist update: Premature easing will cost more lives, more rupiahs

BENJAMIN ONG  |  FRIDAY, 26 JUN 2020
... India's stringent lockdown measures has taken its toll on the already slowing economy - GDP growth slowed from 5.7% in March 2019 to 4.1% in December - before the pandemic to 3.1% in the year to the March quarter of 2020. Worse, the IHS/Markit India ...

Super fund names head of portfolio design

ELIZA BAVIN  |  THURSDAY, 25 JUN 2020
... market conditions and opportunities. The appointment is the first of the two new senior roles announced buy the fund in March, with the head of portfolio management yet to be announced. HESTA chief executive Debby Blakey said she was delighted to have ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... venture attracted three boutique partners: Dalton Street Capital, Flinders and Equus Point Capital. Euroz pulled out in March, taking the view that Prodigy had failed to reach sufficient scale, and industry headwinds and barriers to entry were strong. ...

S&P warns of record fallen angels

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... as yields and spreads retreated from "eye-popping levels" observed at the start of COVID-19-related market volatility, in March. "Per the S&P US High Yield Corporate Bond Index, the average yield to worst ebbed below 7% late last month, and reached a ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... isolation and many businesses still locked down or operating with limitations, the rising rate of unemployment - from 5.2% in March to 6.4% in April to 7.1% in May - doesn't surprise. In fact, according to the Australian Bureau of Statistics (ABS) ...

AMP Capital names new chief

ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... "AMP Capital has continued its growth under his watch, and he leaves with our best wishes." Pahari joined AMP Capital in March 2010 as head of infrastructure, Asia and Australia, before transferring to the same role in Europe & the Americas. In December ...

Financial services demands more mental health support

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... increase" in demand for the organisation's support since government-mandated social distancing requirements were put in place in March. The increased demand isn't limited to financial services either, with the government and energy industries also needing ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... continued to improve: industrial production growth accelerated to 4.4% in the year to May from 3.9% in April and minus 1.1% in March; the year-on-year contraction in fixed asset investment has eased to minus 6.3% by May from as steep as minus 24.5% in ...

ASIC cracks down on investment manager

ALLY SELBY  |  MONDAY, 15 JUN 2020
... comes after Societe Generale Securities Australia (SGSA) was criminally charged with breaching client money obligations in March this year, after it was found to have deposited client money into unauthorised bank accounts between December 2014 and September ...