The Australian equity sector lost 9.5% during the first half of the year due to the COVID-19 pandemic, according to data, with only six funds reporting positive returns.
Companies that chose to pivot their business to be ‘on the frontline’ during the COVID-19 pandemic have gained market share and outperformed, according to Cooper Investors.
Investors Mutual has announced the appointment of Peter McPhee as its new investment specialist for the Loomis Sayles Global Equity fund, effective immediately.
Some 40% of global companies managed to increase or initiate a dividend during the second quarter of 2020, despite the COVID-19 pandemic causing many firms to cancel dividends.
