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Showing 911 - 920 of 5760 results for "Europe"

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... challenges." It comes after Wall Street surged 7% on Monday night on hopes that the COVID-19 pandemic had reached its peak in Europe, with the daily death toll in Italy, Spain and France decreasing. Perpetual multi asset head of investment strategy Matt ...

BlackRock lead portfolio manager departs

KANIKA SOOD  |  TUESDAY, 7 APR 2020
... Stephen Andrews, who will become co-heads of global emerging market equities, while Sam Vecht will become head of emerging Europe, frontiers and alternative strategies. All three report to Boa. "While Andrew's departure is certainly a loss to the platform ...

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
There is opportunity in fixed income, credit and major bank debt amid the COVID-19 crisis; you just have to look for it, according to Janus Henderson head of Australian fixed interest Jay Sivapalan. Despite the illiquidity of the bond market, Sivapalan ...

A coronavirus-bitten cat bounce?

BENJAMIN ONG  |  TUESDAY, 7 APR 2020
Citizens of the world all, let us rejoice! Statistical evidences that the rate of deaths and infections from the coronavirus had been slowing have heartened equity market investors everywhere - from New York to Rio and ol' London town - underscored ...

Bravura secures new mandate

ELIZA BAVIN  |  MONDAY, 6 APR 2020
... management, life insurance, and funds administration industries in 12 offices across Australia, New Zealand, United Kingdom, Europe, Africa, and Asia. Futurity is an independent and mutually structured financial institution and has paid around $2.8 billion ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... that opportunity." Where doubt remains over China's early lockdown and reported early recovery, fresh reports out of Europe provide proof that lockdowns work. As at April 5, Italy recorded its lowest daily deaths in more than two weeks while those ...

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
The US is facing a COVID-19 triggered recession that will be the worst on record, according to Bank of America economists. It comes as about 6.65 million people filed for unemployment in the US this week, in the highest level of claims received by the ...

Market recovery or dead cat bounce?

ALLY SELBY  |  TUESDAY, 31 MAR 2020
... the Dow Jones Industrial Average rose 3.2% overnight, while the S&P 500 and the Nasdaq lifted 3.4% and 3.6% respectively. Europe also had a strong session, with the FTSE 100 also rising 1% and the DAX gaining 1.9%. Meanwhile in Asia, the Shanghai Composite ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
I would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from ...

Pinnacle distribution director takes new role

KANIKA SOOD  |  THURSDAY, 26 MAR 2020
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique. Duncan Hodnett will join Maple-Brown Abbott as its head of global distribution coming Monday. The newly-created role puts Hodnett ...