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Showing 1 - 10 of 1086 results for "Commodities"

J.P. Morgan hit with $775k penalty

ELIZA BAVIN  |  THURSDAY, 9 MAY 2024
... contracts. "There are real world consequences for this sort of behaviour which is why tackling manipulation in energy and commodities derivatives markets has been an ASIC priority," ASIC deputy chair Sarah Court said. "Farmers use these contracts to ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... framework and culture," she said. Annuity-style operations led by MAM, Banking and Financial Services (BFS), and select Commodities and Global Markets (CGM) segments reported a combined net profit of $3 billion, a 27% decrease from FY23. This decline ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... consumer cyclicals, REITs, and tech stocks," he said. "Geopolitics and global conflicts, China's stimulus inflating commodities, and an acceleration in deglobalisation, such as shifting supply chains to domestic or friendly sources, could be triggers." ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... fee clients were told they'd receive a split of profits from Sandiford investing in foreign exchange products and commodities. Meanwhile, the income fund offered an option under which investors would pay a capital investment amount on the basis it would ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management (MAM) and Banking and ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... of Australia narrowly avoiding a recession in 2024 are high, having benefited from elevated commodity prices as a commodities exporter, relatively less restrictive monetary policy and supportive fiscal policy. Wang expects to see Australian consumer ...

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
After a 15-year stint at Merricks Capital, Adam Davis is launching his own global agricultural commodities hedge fund, Farrer Capital (Farrer). Based out of Melbourne, the group, named after renowned English Australian agronomist and plant breeder William ...

Volatility an opportunity for skilled active managers: GSFM

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... uncorrelated with bond and equity markets, suggesting long-short portfolios and macro hedge funds, and selective exposure to commodities.

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... half of 2024, as inflation heads towards the target range." Elsewhere, HSBC chief economist Australia, NZ & Global Commodities Paul Bloxham said that the RBA will likely be on hold through 2024, with cuts not arriving until 2025. "In the short run, there ...

ASX selected to develop local carbon exchange

RACHEL ALEMBAKIS  |  FRIDAY, 12 JAN 2024
... CorTenX to provide "auditable, transparent and secure technology solutions for environmental assets and data-enriched commodities," said Trovio Group​ chief executive Jon Deane. Williamson said the CER is aiming to have the new Unit & Certificate Register ...
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