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Showing 691 - 700 of 2179 results for "In March"

TCorp funding hits $10bn since late March

ALLY SELBY  |  MONDAY, 4 MAY 2020
... challenging times, while still lengthening our debt profile," she said. "Against the backdrop of fractured bond markets in March and limited funding opportunities, we've been really pleased with the support of the domestic market and that our recent ...

How Cbus is servicing early release requests

KANIKA SOOD  |  FRIDAY, 1 MAY 2020
... it expected. Superannuation funds were asked to provide their modelling of early release amounts and numbers by APRA in March. And Cbus initially estimated $3.3 billion worth of requests this financial year and $2 billion for next financial year. Fok ...

Markets slump as US jobless claims hit 30m

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... history - though, of course, this stat needs to come with the caveat that it follows its worst single month performance in March." At the time of writing the ASX had fallen more than 3.6% to 5321.7 points.

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... population - applied for unemployment benefits in the six weeks to 25 April, making the 7.5% drop in personal spending in March (released on the same day) - the sharpest fall on record - seems like a drop in the bucket. Both the Fed and the Trump administration ...

Media Super GM joins retail fund

JAMIE WILLIAMSON  |  WEDNESDAY, 29 APR 2020
... replacing Cassandra Flint who held the role of executive manager, wealth product and investments. Flint left the role in March, joining Rest as senior manager, product development. Flint has previously held similar roles at Zurich.

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... covers 95% of local platforms and 75% of funds management firms with automated transactions. "The magnitude of redemptions in March illustrates the effect COVID-19 is having on investment momentum in Australia, where aside from modest volatility events ...

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... pointed to global equity vehicle iShares S&P 500 ETF as an example. The spread on this product increased to 15 basis points in March from an average spread of four basis points in February, he said, reflecting that on several occasions in March, US stock ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... prompted cancellations of domestic and foreign orders. The services PMI plummeted to a record low reading of 27.0 from 39.8 in March on the back of the drop in demand following lockdowns and social restrictions imposed by the government to limit the ...

Property takes $237m hit

ALLY SELBY  |  TUESDAY, 28 APR 2020
Total property sales across the country have dropped at least 30% after COVID-19 cases started increasing in March, with sales down $237 million compared to the same period last year. Total sales in Sydney have dropped 79% (-$454 million), while sales ...

COVID-19 ETP market winners, losers

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... ETF makes money when the Australian shares index falls at a ratio of around two to one. It experienced strong inflows in March and had the highest traded value of any product during the period, at just under $2 billion. This was for a fund that had just ...

Editor's Choice

Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI  |   12:39PM
The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |   12:33PM
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA  |   12:10PM
ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI  |   12:28PM
KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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