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Showing 91 - 100 of 773 results for "Block"

ETFs trump active managed funds in core portfolios

KARREN VERGARA  |  THURSDAY, 11 JUL 2024
... shift to passive funds as they choose exchange-traded funds (ETFs) over active, unlisted managed funds as a core building block in clients' portfolios. According to Investment Trends head of research Irene Guiamatsia, advisers' willingness to equally ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... Amazon, Tesla, Alphabet, Snowflake, Meta, Microsoft, Apple, Netflix, NVIDIA, and Broadcom. Positioned as a "core building block for growth orientated portfolios," the fund seeks to replicate the performance of the NYSE FANG+ Index (AUD hedged) before ...

Pacific Current names acting chief executive

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Pacific Current named a former Challenger executive to lead the multi-boutique in an interim capacity. Michael Clarke, who spent more than 10 years at Challenger, takes the top job at Pacific Current following the resignation of managing director, chief ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...

Platinum shutters London operations, UCITS funds

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
... distribution channels. The Platinum Capital (PMC) and Platinum Asia Investments (PAI) strategies could be on the chopping block as the fund manager targets those that "lack sufficient scale to generate the liquidity required to maintain share prices ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
ASIC is appealing the Federal Court's recent decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered ...

BlackRock to launch new ETF

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
... commitment to expand its local iShares product suite, providing Australian advisers and investors with a "granular building block" for more precise emerging markets allocations. EMXC will be available on the ASX later this month and aims to offer Australian ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... capital ratio by about five basis points. This is in addition to the 16 basis points gained from the sale of the initial 16.5% block of AmBank shares in March. Earlier this year, ANZ said that divestment released $668 million in capital, which was returned ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
Local investors will get access to Brookfield Oaktree Wealth Solutions' global private credit strategy later this year, with plans to launch it as a unit trust. An infrastructure fund that's been successful in other regions will follow by early ...