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27 April 2020 • By Lachlan Maddock • 1 min read

Future Fund sidesteps market massacre

Australia’s sovereign wealth fund has dodged the worst of the market volatility, crediting its performance to low illiquid exposures. While the ASX ...

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NAB earnings plummet

The bank has taken a massive hit to its cash earnings and has been forced to slash dividends and executive pay as the coronavirus hammers the ...

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Big Four bank slashes dividend, launches capital raise

The bank has launched a multi-billion capital raise and slashed dividends and executive pay in order to keep afloat through the coronavirus crisis

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Aussie banks hit with downgrade

One of the world’s leading ratings houses has downgraded a number of Australian banks off the back of weakening economic activity – and upgrades are ...

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Markets march on despite horror data

Markets remain unfazed despite shock unemployment figures and new data showing just how deep the crisis runs. The IHS Markit Purchasing Managers’ ...

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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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