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| | | ... neighbour's dog wouldn't have thought that what's happening on the planet now will happen. The 64 trillion dollar question is, "is the 3.0% contraction in world economic growth the worst of it?" Looking back at the IMF's forecasting history ... |
| | | | ... benefit of the clients." Pendal's Australian business picked up about $4.2 billion in FX impact from lower Australian dollar against most major currencies, adding to the total FUM. Nearly all channels reported net outflows for the three months, across ... |
| | | | ... "These companies can choose to underwrite those plans, which effectively means that new shares will be issued matching the dollar value of all the dividends that they pay. "For all those investors electing cash rather than the DRP, the company will still ... |
| | | | ... down." The report found March also saw robust inflows into hedged international products, coinciding with further Australian dollar weakness. BetaShares chief executive Alex Vynokur said: "During this challenging period, the extraordinary rise in ETF ... |
| | | | 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 ... |
| | | | ... more than half to -16.1% from -33.7%. Similarly, South Korea has more than recouped its 5.2% depreciation versus the US dollar, rebounding by 5.4% from the March 19 low. These, perhaps factored into Bank of Korea's (BOK) decision to keep monetary ... |
| | | | ... portfolios away from currency unhedged products towards currency hedged products," Dyall said. "Over March the Australian dollar fell 5% against the US dollar over the month and has fallen 13% since the start of the year." The iShares Core S&P 500 ETF ... |
| | | | The extraordinary COVID-19 stimulus package is in front of Parliament today, with what is expected to be a trillion dollar debt being scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which ... |
| | | | ... International lockdowns have practically closed down export markets for Australian products, no matter how cheap the Australian dollar has gotten. In the same way as domestic lockdowns - and trepidation over future revenues, earnings and employment - ... |
| | | | ... it comes to superannuation. Pair this with an abundance of people losing their jobs, and it's clear that every extra dollar counts," Venkatesan said. "We're not simply deferring fees for six months - we're waiving 50% of the fees altogether. ... |
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