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Showing 951 - 960 of 2993 results for "February 2014"

Pandemic puts pressure on ETF spreads

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
The spreads on many exchange-traded products were wider than usual amid the COVID-19 market crash, with price discovery becoming increasingly more difficult. That's according to ETF Securities co-head of sales Kanish Chugh, who pointed to global equity ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... March. These contrast with the rebound in the Caixin China composite PMI to a reading of 46.7 in March from 27.5 in February (no April update yet) - with the services PMI jumping to 43.0 in March from 26.5 in the previous month and the manufacturing ...

Dividends could take years to return: UBS

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
UBS estimates that it may take over three years to return to 2019 dividend payouts due to COVID-19 related cuts and suspensions. UBS equity strategist Pieter Stoltz said, based on UBS forecasts, market earnings per share (EPS) will not return to financial ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
The investment world's underdog has seen a surge in interest since it hit rock bottom in March, outperforming the US market indices by a mile. Bitcoin, which started the year rising from US$7500 to US$10,5O0, fell just as badly as every other asset ...

Markets react as antiviral drug disappoints

ALLY SELBY  |  FRIDAY, 24 APR 2020
News that a highly anticipated antiviral drug hoped to treat COVID-19 had flopped in human trials saw markets fall overnight. Originally reported by the Financial Times, the publisher said Gilead Sciences antiviral drug remdesivir did not reduce the ...

Members begin to turn on industry funds

HARRISON WORLEY  |  THURSDAY, 23 APR 2020
New customer satisfaction data shows members' opinions of industry superannuation funds are starting to turn, after weeks of scrutiny over their performance during the COVID-19 crisis. According to Roy Morgan's latest superannuation customer satisfaction ...

Boutique launches new Aussie equities fund

KANIKA SOOD  |  THURSDAY, 23 APR 2020
COVID-19 shut downs and volatility are not holding back a Sydney-based boutique's plans to launch a new fund. Contact Asset Management tested its new small/mid cap fund via a paper portfolio for 18 months, before hitting launch in mid-March. The ...

500 advisers exit during COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months. From 27 February 2020 to 23 April 2020 the ASIC FAR dropped from 23,226 advisers (excluding time share ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
The suspension of MyPlanner Professional Services' AFSL is on ice as the Administrative Appeals Tribunal reviews ASIC's decision. It comes after the corporate watchdog suspended the advisory firm's AFS licence on February 12 on the grounds ...

Best, worst performing Aussie equities funds

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
Morningstar has revealed the Australian equities funds that topped and tanked during the March quarter, which ended with S&P/ASX 200 falling nearly 30% from its February 20 all-time high. The quarter saw the main benchmarks for large cap Australian ...