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Showing 991 - 1000 of 8993 results for "ASX"

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
... even on the purchase from FY22. Today, the group announced the bank would be sold to Heartland Group, a New Zealand-based, ASX-listed financial services company. Heartland will pay $36 million for the business, funded through existing resources, it said. ...

Abrdn launches active sustainable Asian ETF

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2022
... what it calls a series of sustainable actively managed ESG offerings. The abrdn Sustainable Asian Opportunities Active ETF (ASX: ASAO) is designed to provide investors with "high capital growth over the medium to long term by seeking exposure to Asian ...

Hejaz launches Sharia-compliant ETFs

CHLOE WALKER  |  MONDAY, 17 OCT 2022
Two of the group's Sharia-compliant funds are now available on the ASX, appointing a responsible entity for both. Both the Hejaz Equities Fund and the Hejaz Property Fund aim to create a positive impact and building wealth for members without negatively ...

BetaShares adds to thematic ETF lineup

CHLOE WALKER  |  MONDAY, 17 OCT 2022
The Australian fund manager plans to launch the BetaShares Energy Transition Metals ETF (XMET) on the ASX in late October. XMET will provide exposure to leading global companies that are producing a range of energy transition metals (ETMs), such as ...

ETF industry drops in value

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... (AUM) fell 4.3% month on month, with total industry market capitalisation at $124.4 billion by the end of September. It found ASX ETF trading value decreased 11% month on month for a total of $9.1 billion. With continued asset value depreciation, industry ...

Firetrail global opportunities fund hits ASX

CHLOE WALKER  |  TUESDAY, 11 OCT 2022
Firetrail's S3 Global Opportunities Fund is now available as an ETF on the ASX, with the ticker S3GO. The fund, which launched in November 2021, is a concentrated portfolio of Firetrail's best global equity ideas and aims to outperform the MSCI ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... than the expected 50 basis point haymaker to the side of the head, taking the official cash rate to 2.6%." Resultantly the ASX 200 rocketed up 3.75%, the biggest stock market rally in two years. However, Rundell said: "Despite the market euphoria, the ...

IPS partners to launch equity market solution

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... otherwise be the cash component of a portfolio." Papendieck added the investment strategy also provides potential exposure to ASX-20 shares that advisory firms "would not be unhappy buying at a significant discount to today's price." Income is paid quarterly ...

Vanguard to liquidate factor ETF

JAMIE WILLIAMSON  |  TUESDAY, 27 SEP 2022
... continues to believe in the long-term investment case for factor investing. However, in May, Vanguard also terminated the ASX-listed Vanguard Global Multi-Factor Active ETF, also citing lack of scale. It was listed in 2019 and amassed only $47 million ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... director and joint group chief executive (international) George Lucas will leave the company effective from December 31. In an ASX announcement, the board acknowledged Lucas' work in establishing Raiz and for his leadership of the company through significant ...