coronavirus

Funds management

Australia’s highest-paid CEOs feel wrath of coronavirus

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. ...

Funds management

Qantas unveils action plan as shares fall 40% YTD

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....

Funds management

Is India immune to coronavirus?

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....

Financial planning

Oil price fall nears 30%, prompting recession fears

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....

Funds management

The stocks Magellan’s Douglass backs for China exposure

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

Funds management

How much further can the ASX 200 fall?

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...

Funds management

Avoiding China? Alternative Asian markets for EM exposure

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

Policy & Regulation

Frydenberg signals changes to deeming rates

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

Funds management

Fed surprises markets with emergency 50bps rate cut

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

Funds management

RBA cuts due to coronavirus

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....

Funds management

Natixis IM cuts equity exposure on coronavirus concerns

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

Funds management

Will coronavirus impact the markets in the long-term?

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...

Funds management

Markets are ‘waking up’ to reality of coronavirus

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

Funds management

EMD unaffected by coronavirus

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. ...

Funds management

BHP Billiton reports 39% profit increase

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...