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Showing 51 - 60 of 855 results for "US market"

Global asset manager launches new fund

ELIZA BAVIN  |  MONDAY, 11 MAY 2020
... with less volatility over the long term." Hall said in 2000, 90% of the high yield bond investment universe was in the US market, which has now dropped to 57% in line with the emergence of the European and emerging market high yield markets. "The fund's ...

Morningstar appoints adviser solutions head

HARRISON WORLEY  |  THURSDAY, 7 MAY 2020
Morningstar has tapped HUB24's senior business development ranks to appoint an adviser and asset management solutions lead. HUB24 senior business development manager Doug Hope has joined Morningstar, with the former Macquarie Wrap key account manager ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
With global markets rocking one way and the other in the last two months, it's not too far a stretch to imagine investors are feeling a little seasick, or at the least dumbfounded. Despite a recession knocking on the world's door, investors ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... The investment world's underdog has seen a surge in interest since it hit rock bottom in March, outperforming the US market indices by a mile. Bitcoin, which started the year rising from US$7500 to US$10,5O0, fell just as badly as every other asset ...

BNY Mellon IM country head departs

KANIKA SOOD  |  MONDAY, 27 APR 2020
BNY Mellon Investment Management's local country head has left after about five years with the company. Phil Filippelis headed distribution and client services for the business in Australia. Denis Gambi, who joined the company three years ago from ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
News that a highly anticipated antiviral drug hoped to treat COVID-19 had flopped in human trials saw markets fall overnight. Originally reported by the Financial Times, the publisher said Gilead Sciences antiviral drug remdesivir did not reduce the ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
US stocks ended in a sea of red on Wednesday as bleak economic data and corporate losses shifted what had been an almost eerily optimistic sentiment towards trade over the last few weeks. US markets had made somewhat of a recovery of late, with the ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
Wall Street's rally seems to have run out of steam, with the major indexes ending the day of trade in a sea of red. Early in trade the Dow Jones surged 900-points before closing down 0.12%. Similarly, the S&P 500 lost 0.16% and the Nasdaq Composite ...

Pinnacle distribution director takes new role

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique. Duncan Hodnett will join Maple-Brown Abbott as its head of global distribution coming Monday. The newly-created role puts Hodnett ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... government policies." Perpetual also doesn't believe we have hit rock bottom yet. "The rally was unconvincing with the US market in particular closing well off its peak and with little momentum," it said. "As the environment is governed by massive ...