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| | | ... central bank to pump liquidity into the market through corporate bond purchases may help buffer the market. "The Federal Reserve's April 9 announcement that it would be including COVID-19-era fallen angel credits in its corporate liquidity facilities ... |
| | | | Former president of the Australian Institute of Superannuation Trustees and director of two industry super funds, David Smith, has been posthumously awarded the award for Trustee of the Year. The AIST honoured Smith at its annual general meeting yesterday ... |
| | | | The US Federal Reserve has projected rates will remain near zero through 2022 and GDP will contract 6.5% as a result of COVID-19. The Fed also pledged to maintain at least the current pace of asset purchases, which is around US$80 billion per month. ... |
| | | | Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ... |
| | | | ... (-3.8%), Germany (-2.2%), France (-5.3%), Italy (-5.3), Japan (-0.9%), the UK (-2.0) and China (-9.8%). This justifies the Reserve Bank of Australia's (RBA) positive outlook for the domestic economy. "...it is possible that the depth of the downturn ... |
| | | | The Reserve Bank of Australia governor Phillip Lowe said the extent of the economic downturn, as a result of the impacts of COVID-19, is not as dire as expected. At the June meeting, the RBA board decided to maintain the current policy settings, keeping ... |
| | | | BlackRock has emerged as the biggest winner of the US Federal Reserve's corporate bond buying program, with its ETFs making up around half of the central bank's purchases. The Fed bought US$1.58 billion in investment grade and high-yield ETFs in May ... |
| | | | The Reserve Bank of Australia's (RBA) policy decision - to be announced this afternoon - will only confirm what everyone already is expecting. RBA Governor Philip Lowe and his board will keep Australia's monetary policy settings unchanged - ... |
| | | | Sequoia Financial Group has entered an agreement to acquire a wealth group, adding about 23 advisers and $1 billion in funds under management. Sequoia Wealth Management will acquire the customer base of Phillip Capital Limited's existing advisers ... |
| | | | Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme ... |
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