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Showing 951 - 960 of 3268 results for "January 29"

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
... (April 2020)' report, the BOJ downgraded GDP growth to -0.4 to -0.1% in FY2019 (from +0.8% to 0.9% predicted only in January - before the coronavirus turned into a pandemic) and by -5.0% to -3.0% in FY2020 (from +0.8% to 1.1%). While the BOJ largely ...

Former State Super investments chief returns

HARRISON WORLEY  |  MONDAY, 27 APR 2020
A former State Super chief investment officer is returning to the fund as a director. Lisbeth Rasmussen has joined the board of State Super, three years after departing the fund and the role of chief investment officer. Rasmussen left the fund in late ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... appear to have recovered." This was underscored by the sharp turnaround in the IHS/CIPS UK Composite PMI index to 53.3 in January - a 16-month high - after four months of below 50 readings (indicating contraction) as activity in both the manufacturing ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Aberdeen Standard global equities funds downgraded

KANIKA SOOD  |  MONDAY, 20 APR 2020
International equities funds offered by Aberdeen Standard Investments in the local market have been downgraded to neutral at Morningstar on the back of a style drift. In January ASI announced its head of equities Stephen Docherty would leave the firm ...

CBA Group Super posts -7.7% returns for March quarter

KANIKA SOOD  |  MONDAY, 20 APR 2020
CBA Group Super's balanced option returned -7.7% in March quarter amid COVID-19 volatility, pushing its one-year returns into the negative territory while longer-term remain buoyant. The average not-for-profit superannuation fund's posted -9% ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
"What a difference a pandemic makes," Kaizen Recruitment noted in an update on the state of recruitment activity in Australian financial services. Kaizen found that while clients pushed ahead with filling essential talent gaps and some have attempted ...

US fund manager expands into Australia

ELIZA BAVIN  |  MONDAY, 20 APR 2020
A US-based fund manager has continued its push into Australia with the announcement of a newly created role. GQG Partners announced the appointment of Jane Wang to the newly created role of client service and operations associate. Wang's appointment ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
Having a highly paid team of investment professionals doesn't mean much when a Black Swan event hits. Since the outbreak of COVID-19 there has been a huge amount of focus on industry super funds. From concerns over liquidity issues, impacts of the ...