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Showing 1041 - 1050 of 14001 results for "Current"

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
Betashares has pulled the plug on a range of funds because of low investor uptake. The ETF provider announced last week that it will be axing its Online Retail and E-Commerce ETF (IBUY), Digital Health and Telemedicine ETF (EDOC), Future of Payments ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
Australia has consistently produced billionaires over the last 10 years and is home to 43 of the richest people in the world, according to a new report from UBS. Australia gained two billionaires over the course of 2024 - the majority of which (77%) ...

TCorp buys Euroclear stake from LSEG

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
TCorp is now a minority owner of financial markets infrastructure company Euroclear. TCorp has acquired a 4.92% stake in the Belgium-based clearing and settlements firm, with the holding valued at about $752 million. The interest was previously held ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... that Bitcoin briefly exceeded the US$100K mark in November, driven by a series of positive developments in the US. "The current euphoria surrounding bitcoin ETFs is anticipated to continue as the market is now in blue-sky territory, with greater adoption ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... compliance obligations," Longo said. ASIC maintains that many products offered by digital asset firms are captured by the current law, requiring them to be "properly designed and marketed to the right consumers." A Kraken spokesperson said it was "disappointed ...

Danielle Press joins Income Asset Management

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
Former ASIC commissioner Danielle Press joined Income Asset Management (IAM), as the company launches a bond ETF. Press is joining the board of IAM as a non-executive director, effective today. She was most recently a commissioner at ASIC, and is currently ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... soon," Chesler said. "The RBA is expecting the labour market to loosen quite a bit more as we hit the home stretch of the current tightening cycle, with the quarterly unemployment rate increasing by 40 basis points to 4.5% and remaining there until the ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
One of the world's largest privately held asset managers has farewelled a senior executive who has been with the firm for two decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
Challenger will take over Active Super's Guaranteed Income offering after it was determined transferring these member accounts to Vision Super would not be in their best interests. Active Super has informed members with a Guaranteed Income account ...

GQG raises $145m for private markets fund

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2024
... Proterra Investment Partners, Cordillera Investment Partners and Avante Capital Partners as seed investments from Pacific Current Group. GQG announced the launch of GQG Private Capital Solutions in March. At the time, it entered into an agreement with ...