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Showing 91 - 100 of 1396 results for "Australian Dollar"

Poor market conditions weigh on Perpetual, Pendal

ELIZA BAVIN  |  MONDAY, 14 OCT 2019
... the Westpac book and European and UK OEIC funds, despite receiving an over $1 billion boost from the weaker Australian dollar. The loss for Perpetual marks the wealth managers 10th consecutive quarter of net outflows and FUM is now at its lowest since ...

Northern Trust to clear high-value payments

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... of international cash management Charlie Lebrun, who is based on Chicago. High-value payments are mainly for Australian dollar transactions. They are time critical and irrevocable, according to AusPayNet which sets the rules for HVCS.

Chief economist update: This is a job for the RBA (and the Treasury)

BENJAMIN ONG  |  FRIDAY, 20 SEP 2019
Sub-one percent official cash rate here we come! The Australian dollar's near half a cent drop to US$67.84 on the day immediately following the US Federal Reserve's announced a 25 bp cut in the fed funds rate underscores financial markets' ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

Super funds hungry for offshore assets: NAB

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2019
... to be more responsive to market movements, such as a perceived large undervaluation or overvaluation of the Australian dollar," he said. This reflects the downtrend in the Australian dollar - from above US$0.80 in 2017 survey to about US$0.70 two years ...

Industry fund awards $150m mandate

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
A major industry superannuation fund has awarded a $150 million mandate to a London-based investment manager. Sunsuper selected Affirmative Investment Management (AIM) to manage its first green bond mandate, which aims to achieve financial returns ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... government's latest tax cuts only works for those who have jobs and pay taxes. Finally, there's the Australian dollar. Its depreciation would help shield Australia from the rough waters developing in the international economy as it has done so ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

HUB24 launches multi-currency functionality

KRISTI CHENG  |  THURSDAY, 25 JUL 2019
Investment managers are now able to include up to 10 foreign currencies when implementing managed portfolio investment strategies on HUB24 with the platform's new multi-currency functionality. The new function will be available within international ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... an undervalued exchange rate. As a matter of local interest, the 'Big Mac index' indicates that the Australian dollar is 25.8% undervalued against the US dollar.