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Showing 191 - 200 of 2038 results for currency

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... middle of March this year The gradual easing of restrictions has unfrozen social and business activity in the single currency region, along with monetary and fiscal stimulus measures, sparked optimism of a V-shaped recovery in the Eurozone. This was ...

Contango approves new WCM strategy

ALLY SELBY  |  MONDAY, 21 SEP 2020
... not in the best interest of "long-suffering CIE shareholders". He argued the strategy shift would expose investors to currency risk and a high risk of further capital loss, and would also result in an increase in management fees from 0.95% to 1.40%. ...

Super fund restructures, fixed income lead exits

KARREN VERGARA  |  MONDAY, 14 SEP 2020
... A $65 billion superannuation fund is restructuring several business units and farewells the head of fixed income and currency after 13 years in the process. Sunsuper is reorganising its public markets division to a business unit that will undertake the ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... (TLTRO III). This made sense given the positive tweak in the latest ECB staff macroeconomic projections for the single currency region. The September forecasts show Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. ...

Super fund expands investment exclusions

ELIZA BAVIN  |  FRIDAY, 4 SEP 2020
... Heatmap - MySuper products"released in November 2019 Finally, from 1 October 2020, information about HESTA's foreign currency hedge strategy for each investment option will be removed.

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... have" back in 1990/91. The Australian economy withstood the US savings and loan crisis of the early 1990's, the Asian currency crisis/Russian debt default/Long-Term Capital Management (LTCM) collapse in 1997/98, the September 11 terrorists attacks ...

NPS buffers COVID-19 shocks

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... The performance of its alternative investments was mostly driven by interest and dividend income, as well as foreign currency translation gains from an increase in the USD-KRW exchange rate. NPS is the world's third largest pension fund with KRW752.2 ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
Financial markets view the A$ as a risk currency - it's sold off in times of heightened uncertainty - and has a high growth beta - only bought in times of global prosperity. So Virginia, how do we explain the rise and rise of the Australian dollar ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... "Freddy's" first coming and the social restrictions and lockdowns that followed it, the second wave now hitting the single currency region is slowing economic activity. This is evidenced by the latest IHS Markit Flash Eurozone PMI survey. The flash ...

Emerging market debt rebounds

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2020
Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt, according to Eaton Vance. Eaton Vance institutional portfolio manager director and alternative and ...