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Showing 831 - 840 of 1326 results for "Pandemic"

Australian Unity adds to leadership

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... appointment comes after Australian Unity saw its profits drop by 70% compared to the financial year prior as a result of the pandemic with a profit after tax income of $15 million. In its full year results the company said: "These impacts include the ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
... amazing work - you would think that some of these students were 20-year veterans of funds management." The effects of the pandemic have made it challenging for the fund to reach out for donations as corporations rein in their spending. On the other hand ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
"You're Marines now. You adapt. You overcome. You improvise." - Heartbreak Ridge The coronavirus pandemic has been likened to a war. US president Trump called it "the invisible enemy", French head of state Macron declared that France was "at war" ...

Super fund boss remuneration on the agenda

KARREN VERGARA, ELIZABETH MCARTHUR  |  FRIDAY, 11 SEP 2020
... the House of Representatives Standing Committee on Economics yesterday, answering questions about the impact the global pandemic is having on executive pay. Chair Tim Wilson pointed out AustralianSuper chief executive Ian Silk's stance, which is ...

Investors seek to increase EM exposure

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
... Bostic said. Vontobel said global investors are attracted to the prospects for emerging markets, but the ongoing COVID-19 pandemic continues to be a concern. However, the pandemic appears to be less of a concern for APAC investors, with the survey finding ...

Industry fund chief to step down

KARREN VERGARA  |  FRIDAY, 11 SEP 2020
... through the Y2K scare, the dot.com crash, the September 11 terror attacks, a global financial crisis and now the COVID-19 pandemic," Masters said. Wills takes the reins from 1 January 2021. He has been chief operating officer since October 2016. Masters ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... facility rate at 0.25%; deposit facility rate at -0.50% - continue to buy up to €1350 billion worth of debt under its pandemic emergency purchase programme (PEPP), maintain net purchases under the asset purchase programme (APP) at a monthly pace of ...

Aussie small caps outperform

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... Australian small-cap managers are blitzing league tables and outperforming most investment strategies during the global pandemic, Rainmaker research shows. Rainmaker's July Wholesale managed funds performance report reveals the best and worst fund ...

Australian Unity profits plummet

ALLY SELBY  |  WEDNESDAY, 9 SEP 2020
... operating earnings fall $23.4 million compared to the previous financial year. In addition to other responses to the pandemic, the board of Australian Unity announced it would forgo 10% of its director fees from July 1 until December 2020. Australian ...

MySuper products show resilience

KARREN VERGARA  |  WEDNESDAY, 9 SEP 2020
August marked the fifth consecutive month of positive returns for MySuper products since the COVID-19 pandemic hit, recovering 70% of losses, new Rainmaker analysis shows. Last month generated a positive performance of about 1.7% for superannuation ...