CORONAVIRUS

Funds management

Two of the Australia’s highest-paid chief executives are earning their money this year as their respective firms see 40% hits to their share price from coronavirus. ...

image
Funds management

Shares in Qantas are down more than 40% since the start of the year as the firm announces an action plan to handle the impact of coronavirus....

image
Funds management

Investors have been reminded that although the coronavirus will impact global growth in at least the first half of 2020 it will not stop India’s structural growth....

image
Financial planning

The price of oil fell by more than 30% yesterday, its biggest one-day drop since 1991, after a fallout between major oil-producing nations over production cuts....

image
Funds management

Magellan fund manager Hamish Douglass has increased his allocation to China from 14% a year ago to 25%, via exposure to six stocks....

image
Funds management

The Australian stockmarket will have “quite a bit further to fall” before it rebounds again, with March economic numbers expected to be “terrible” as a result of the coro...

image
Funds management

Countries such as Vietnam, Indonesia and Taiwan present attractive opportunities for investors seeking exposure to Asian emerging markets away from China....

image
Policy & Regulation

Tough times and lower interest rates have prompted the Government to put last year’s deeming rate changes under the microscope....

image
Funds management

The Federal Reserve has made an emergency policy move, cutting interest rates by 50bps, the same day as the Reserve Bank of Australia....

image
Funds management

The Reserve Bank of Australia has cut rates by 25 basis points to a new low of 0.5% in response to the coronavirus outbreak....

image
Funds management

Natixis Investment Managers has reduced its exposure to equities in light of coronavirus in expectation of higher volatility in stockmarkets....

image
Funds management

Driven by a large amount of uncertainty around the coronavirus, some investors are reading themselves for a worst-case scenario for their portfolios, according to Stanfor...

image
Funds management

According to deVere Group, coronavirus, as well as other geopolitical and trade tensions, could push the world to the brink of a recession....

image
Funds management

Emerging market debt has so far escaped unscathed from the coronavirus as it is expected it will only cause a temporary impact on growth in these markets. ...

image
Funds management

Mining giant BHP Billiton, one of Australia’s largest miners, has reported a 39% profit increase but cautioned coronavirus could lead it to revise its expectations downwa...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

3 weeks 6 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

6 days 11 hours ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

2 days 2 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 day 6 hours ago