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Showing 1021 - 1030 of 8328 results for "institutional"

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
... option, imposing a 1.5% fee, while BlackRock maintains a 0.3% fee, and Fidelity settles at 0.39%. Despite the current institutional enthusiasm for bitcoin, Vanguard has reportedly declined to offer a bitcoin ETF or offer funds from other issuers on its ...

Blackstone appoints co-chief investment officers

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... itself for an active investment period. They bring strong track records of delivering for our customers, considerable institutional knowledge, and exceptional investment acumen to these new roles," Blackstone chair and chief executive Steve Schwarzman ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional investment players such as BlackRock, Fidelity, Invesco, VanEck, Ark Investments, and Grayscale, opening the door for Australian ...

New global retirement unit at T. Rowe Price

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Retirement Strategy Team will be led by Michael Davis, currently head of defined contribution specialists in the Americas institutional business. Davis confirmed to Financial Standard that the global team will work closely with its Australian colleagues. ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
... exit from the market. "Secondaries historically have had a discount of 5% net asset value (NAV), but following an institutional overallocation and need for liquidity, NAV discounts have remained near 15%," it said. "Lastly, despite expectations of slower ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... updated since June 2016. In 2015 he joined Sequoia Financial Group's MDS Financial Services as its head of retail and institutional broking. Before that, he was also a senior executive within ANZ's E*Trade Australia business, later rebranded to ANZ Share ...

Frontier Advisors to choreograph The Australian Ballet endowment

ANDREW MCKEAN  |  WEDNESDAY, 20 DEC 2023
... for the performing arts organisation. "We are delighted to welcome The Australian Ballet into our growing emerging institutional client base," said Frontier Advisors chief executive Andrew Polson. "We take great pride in partnering with The Australian ...

IG appoints institutional sales manager

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
IG Prime, the institutional branch of the trading platform, has appointed Andrew Wood as its institutional sales manager. Wood most recently served for seven years as the head of institutional sales APAC at CMC Markets, based in Sydney. He developed ...

BlackRock grows private credit business

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
... and leveraged finance accounts in their business support unit. BlackRock head of Australasia Andrew Landman said institutional investors and superannuation funds in Australia are looking for ways to add greater diversification to their portfolios - against ...

FEAL board welcomes Ian Patrick

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
... Executives Association chair Brian Delaney said Patrick's extensive experience across more than two decades in the institutional investment industry will be valuable. "FEAL is committed to serving executives across an array of specialist roles and ...