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Showing 71 - 80 of 134 results for "USD$"

Australian pension market grows

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... alternatives. Australia also has the second largest pool of defined contribution assets with 87% of Australia's total pension assets (USD $1.6 trillion). Comparatively, Japan and the UK have just 4% and 18% respectively. Australia has one of the highest ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Goldman Sachs will pay a $120 million penalty for attempting to rig global benchmarks for interest rate products. The US Commodity Futures Trading Commission found that, between January 2007 and March 2012, traders in New York - including the head of ...

First university climate bond issued

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2016
The Clean Energy Finance Corporation is investing $20 million in an Australian and world-first university-issued certified climate bond. Certified by the global Climate Bonds Initiative and issued by Monash University, the $218 million climate bond ...

Australia is the APAC hedge fund capital: Preqin

ALEX BURKE  |  MONDAY, 17 OCT 2016
Australia is the "leading centre for hedge funds" in the Asia-Pacific region, with $99 billion in assets under management, according to Preqin research. The new Preqin Insight: Alternative Assets in Australia report found that there are now 107 active ...

AMP Capital opts to liquidate AGF portfolio

ALEX BURKE  |  TUESDAY, 16 AUG 2016
AMP Capital has chosen to wind up the China Growth Fund by liquidating the portfolio. As the responsible entity for the fund, AMP Capital considered two options for the wind-up: first, that the portfolio would remain invested in China A shares, with ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... ¥3.3 trillion) and at the same time raising the size of its lending program to support growth in US dollars to "24 billion USD (about 2.5 trillion yen; double the previous size of 12 billion USD)". The BOJ's move was greeted with jeers and boos as it ...

Economic wrap

ALEX DUNNIN  |  THURSDAY, 28 JUL 2016
Australia's record beef exports Australia exported a record 267,578 tonnes of grainfed beef in 2015-16, up 15% year-on-year. This is 4,618 tonnes higher than the previous record in 2006-07, according to the Meat and Livestock Association. The MLA said ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 APR 2016
... comprised of Treasury bonds and 7% comprised of indexed bonds. The overwhelming proportion of this debt is denominated is USD - which means the market value of this debt can vary from its face value as the currency fluctuates. AOFM figures confirm that ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ...

Long term super fund returns approach record levels

STAFF WRITER  |  FRIDAY, 7 AUG 2015
SelectingSuper has released its final MySuper performance index for 2014/15 confirming that while fund returns dipped below double digit to 9.5% due the 4% fall in equity markets in June, three and five year returns are approaching record high levels. ...