Powered by MOMENTUM MEDIA
investor daily logo

News

markets

01 May 2020 • By Lachlan Maddock • 1 min read

Markets look to recovery, ignoring damage done

With one of the worst ever quarters in the rear view, markets are pricing in “light at the end of the tunnel”. But that could be a mistake. Markets ...

READ MORE
icon

Client redemptions, market drag Janus Henderson assets

The COVID-19 market downturn and net outflows saw Janus Henderson close its first quarter of the year with a fifth less in assets under management

READ MORE
icon

US GDP drops to decade low

US GDP fell by almost 5 per cent in the worst slide since the GFC, but the worst is yet to come. GDP fell 4.8 per cent as nationwide lockdowns saw ...

READ MORE
icon

Study finds greater demand for annuities than expected

Research has found there would be greater demand for annuities from customers than previously believed by industry and government professionals

READ MORE
icon

Macquarie, Westpac, AMP hold highest paid ASX directors

Financial services giants Macquarie, Westpac and AMP have all been named among the companies employing Australia’s highest remunerated board directors

READ MORE
icon

Big four could lose $30bn

The “team Australia” mantra could see loan deferral payments for businesses and mortgagees take billions off the banks’ bottom line

READ MORE
icon

As countries reopen, risks remain

The global recovery is now underway, but a number of key risks threaten to derail it. While suppression and social distancing measures have been a ...

READ MORE
icon

ANZ takes billion-dollar hit

The bank’s profits fell more than 50 per cent off the back of COVID-19, and it will defer its dividend decision until there is “greater clarity” on ...

READ MORE
icon

ESG front of mind

The “collective wake-up call” of COVID-19 is seeing ESG go mainstream, with retail and institutional investors alike turning towards more responsible ...

READ MORE
icon

Westpac not out of the woods

Despite provisioning for potential loan losses, the bank could still take massive hits as a result of enforcement and the worsening economic outlook

READ MORE