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Showing 8431 - 8440 of 29084 results for "PRI"

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
While COVID-19 may have some reeling from uncertainty, active managers are seeing it as their time to shine as opportunities for growth crop up. T. Rowe Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
Trump has taken to Twitter once again, this time, to slam the Federal Reserve and its chair Jerome Powell. The tweets follow a tumultuous start to the week for markets, with the Dow Jones, S&P 500 and Nasdaq suffering their worst day in a decade on ...

Florida fraudster swindles investors out of $60 million

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
A Florida-based investment adviser scammed at least 30 investors out of $60 million (US$39 million), and put the funds straight into his own pocket. The Securities and Exchange Commission has frozen assets and obtained other emergency relief against ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Financial advisers will need to provide every retail client a written statement explaining "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said ...

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 ...

Praemium rolls out investment tools, options

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
With ESG investing continuing to prove popular among investors, Praemium is taking steps to ensure financial advisers are able to meet demand. The platform has rolled out an "industry first" suite of ESG options, including new screening functionality ...

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 ...

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 ...

Chief economist update: The crash we have to have

BENJAMIN ONG  |  TUESDAY, 10 MAR 2020
Is this the stock market crash we have to have? The great reboot from the overvaluation in stock market prices prompted by cheap interest rates that punished savers and drove investors to go look where their capital could get higher returns? The global ...