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24 April 2020 • By Sarah Simpkins • 1 min read

Blackstone cops $1.6bn loss

The coronavirus market meltdown has slapped US investment management giant Blackstone with a US$1.07 billion ($1.6 billion) net loss for the first ...

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ESG passes ‘acid test’

Companies with higher ESG ratings performed better and were more resilient in the market massacre. ESG leaders outperformed laggards in global ...

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Markets ‘too confident, too soon’

Financial markets are signalling a narrative that is “detached” from the slow economic recovery, and investors should be bracing for prolonged ...

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AMP cops multibillion-dollar losses

The wealth giant was hit hard by outflows in its wealth management business and market volatility through March. AMP’s Australian wealth management ...

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Renewables could supercharge recovery

Spending big on renewable energy could lift the global economy out of the doldrums and create millions of new jobs worldwide. The social and ...

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China counts the cost of secrecy

While China is now getting back on its feet, the country has suffered a reputational hit that will see companies think twice before coming to the ...

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Pandemic is window into the future

The COVID-19 crisis is just a dress rehearsal for a much larger, much deeper financial shock – but companies aren’t prepared. The pandemic has ...

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Aussie airline calls in the administrators

The airline is the first high-profile Australian company to go belly up under a sky-high debt burden. Virgin Australia has appointed Deloitte as ...

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Perpetual cops declined funds amid virus

Perpetual was rocked by the coronavirus pandemic during the last quarter, with its advice business ending March on 15 per cent less funds under advice ...

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COVID-19 slows renewables transition

The immediate threat of global pandemic has put the transition to renewable energy on the backburner. While the COVID-19 pandemic is demonstrating ...

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