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Showing 711 - 720 of 2179 results for "In March"

Market pain to continue: State Street

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
... have been approximately 29% for the State Street Multi-Asset Builder Fund," Choudhury said. "Our exposure preferences in March was underweight in global equities relative to fixed income/cash as we materially de-risked the portfolio mitigating the negative ...

HUB24 net inflows up 72%

ALLY SELBY  |  WEDNESDAY, 22 APR 2020
Despite global markets crashing in March, HUB24 continued to experience strong net inflows in the quarter of $1.4 billion, with gross inflows of $1.8 billion. The specialist platform said these inflows had been driven by support from its large national ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... The US labour market has already deteriorated markedly just weeks into its lockdown - 701,000 workers lost their jobs in March and the unemployment rate jumped by nearly a percentage point to 4.4% from 3.5% in February. Based on the IMF's April "World ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
... He argued prices would unlikely increase until virus cases slowed. "The 'supply shock' from the OPEC+ collapse in March was really a mirage, the demand shock from COVID-19 is overwhelming everything," Winans said. "Ultimately, the path for oil ...

Regal Atlantic fund down 58.6%

KANIKA SOOD  |  MONDAY, 20 APR 2020
Regal Funds Management's Atlantic Absolute Return Fund, which has a stellar long-term track record, fell 58.6% in March as COVID-19 affected markets. The fund has posted 23.1% in net annualised returns since its inception about 16 years ago. But ...

CBA Group Super posts -7.7% returns for March quarter

KANIKA SOOD  |  MONDAY, 20 APR 2020
CBA Group Super's balanced option returned -7.7% in March quarter amid COVID-19 volatility, pushing its one-year returns into the negative territory while longer-term remain buoyant. The average not-for-profit superannuation fund's posted -9% ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... March after plummeting by 24.5 in February; industrial production's 13.5% dive in Feb was followed by a 1.1% decline in March; and, retail sales slumped by 20.5% and 15.8% (year-on-year) in February and March, respectively. We, Australians all, are in ...

ETF demand boosts gold

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... 2019 to March 2020. Net inflows for the same period rose 574%, from $31 million in December last year to $209 million in March 2020. The data suggests that gold in general has kept its safe haven label as Australian investors flock to it. Kris Walesby ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... hope not). The Australian Bureau of Statistics' (ABS) reported that employment increased (yes, it's up) by 5900 in March and the unemployment rate ticked up by an itsy-bitsy-teenie-weenie 0.1 percentage point to 5.2% from 5.1% in February. It's ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... Rainmaker executive director of research, said this suggests the aggregate level SMSFs as a segment probably fell around 14% in March, slightly more than the average 11% fall in MySuper. "Combined with ASX companies squeezing their dividends this could ...