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Showing 751 - 760 of 3396 results for "ABS"

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... in March to 6.4% in April to 7.1% in May - doesn't surprise. In fact, according to the Australian Bureau of Statistics (ABS): "Had the increase in the number of people who were not in the labour force between April and May (142,000) been a further ...

Melbourne boutique partners with Swiss bank

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
A Melbourne equities boutique and a Swiss private bank have entered a two-way distribution partnership, as each looks to tap into the other's markets. Union Bancaire Privee will market Bell Asset Management's global small and mid cap strategies ...

The secret to neutralising sequencing risk

ALLY SELBY  |  TUESDAY, 16 JUN 2020
A Melbourne-based investment management firm says the key to avoiding sequencing risk is to build an "all weather" portfolio. Absolute-return fund Cor Capital said pre-retirees and retirees in particular need to pay attention to sequencing risk to avoid ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... a technical recession -- Federal Treasurer Josh Frydenberg acknowledged as much after the Australian Bureau of Statistics (ABS) released figures showing that GDP contracted by 0.3% in the March 2020 quarter - the 'OECD Economic Outlook, June 2020' ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The chief executive of Mirova has refused to sign a pledge from global investors calling on nation leaders to invest sustainably in the recovery from the COVID-19 pandemic, saying they are hollow words. Over 100 global investors signed a letter through ...

Regal Atlantic fund up 12.5% in May, down 61.65% YTD

KANIKA SOOD  |  THURSDAY, 11 JUN 2020
Regal Funds Management's Atlantic Absolute Return Fund returned 12.50% in May but is still down 61.65% since the start of the year. May's returns came primarily from its long holdings which rose almost 30% in the month while short positions ...

Government urged to extend stimulus

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
The OECD has urged the Australian government to extend stimulus measures and warned that a second wave of infections could derail our economy. In its latest economic outlook report pointed out that while economic activity collapsed in the second quarter ...

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
A new report has revealed a number of superannuation funds, including AustralianSuper, voted down shareholder resolutions on climate change despite signing up to the Investor Group on Climate Change. The Australian Centre for Corporate Responsibility ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
Within the next decade, the number of superannuation funds serving Australians will drop by 60%, according to a new KPMG report. New KPMG research shows the 217 APRA-regulated superannuation funds will shrink to 138 within the next five years, with ...

Hundreds of billions ripped from super

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... $2.82 billion, the industry had crossed the $3 trillion mark in December of 2019, just months before the pandemic arrived. The ABS said super assets invested in shares lost almost $111 billion during the quarter, representing a 23% fall. According to ...