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Showing 7101 - 7110 of 21776 results for "Dec"

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%. Nearly $140 billion was wiped from the S&P/ASX 200 yesterday, as ...

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
A start-up superannuation fund looking to raise fresh funds has postponed its plans to after June. Future Super met with strategic investors in financial services and impact investing earlier this year as it looked to kick start a capital raise for ...

Major firms criticised for substandard RI approach

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
The world's most influential asset managers have adopted a substandard approach to responsible investment, according to a new report. ShareAction, a not-for-profit organisation dedicated to making investment a force for good, has ranked the world's ...

Virus fallout worse than GFC: IMF

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
The International Monetary Fund has called on every government around the world to introduce substantial targeted policies to support the economy through the coronavirus epidemic. In a blog post, Gita Gopinath, economic counsellor and director of the ...

Latest data reveals super admin problem

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Around half of complaints received about superannuation are to do with account administration issues, according to latest data from AFCA. The Australian Financial Complaints Authority's (AFCA) Datacube revealed out of the 2220 complaints received about ...

Advice important for family conscious: Perpetual

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Only 15% of Australians who say they care about their family the most have an active relationship with their financial adviser, according to a study by Perpetual. Based on the research, Perpetual said it is clear that family is a priority for many Australians ...

Thematic investing grows threefold

ALLY SELBY  |  TUESDAY, 10 MAR 2020
The global thematic funds landscape has increased almost threefold over the past three years, with assets under management swelling to $295 billion (US$195 billion) worldwide. That's according to the latest Morningstar report, which analyses the key ...

BT's transition not so super

KANIKA SOOD  |  MONDAY, 9 MAR 2020
Some superannuation members are complaining of laggard customer service and reduced benefits, as BT transitions about 280,000 accounts to its new product. In November, BT said it would migrate members in BT Lifetime Super - Employer Plan (LSEP) and ...

Billionaire investor warns against buying the dip

ALLY SELBY  |  MONDAY, 9 MAR 2020
Billionaire investor and stock picker Alex Waislitz has warned investors to steer clear from trying to sell or buy market dips, as the coronavirus continues to batter markets. In his capacity as Thorney Opportunities chair, Waislitz wrote to shareholders ...

Equities not that expensive: Hamish Douglass

ALLY SELBY  |  MONDAY, 9 MAR 2020
US stocks are not expensive, despite their stretched valuations. In fact, it's all just a matter of "gravity" or the historically low interest rate environment, according to Magellan's Hamish Douglass. Speaking to a near-full crowd at the firm's ...