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Showing 91 - 100 of 556 results for "derivatives"

Multiples paid for client books dip

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... $20,000. A vanilla AFSL with a managed discretionary account (MDA) facility would go for $50,000. Adding an options and derivatives trading capability to the latter would fetch between $80,000 to $120,000. The firm, which also brokers accounting and ...

Perpetual's Garry Laurence starts boutique

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... for a broader launch to wholesale investors on May 1. It will hold five-40 stocks, and allow ASX-listed companies, derivatives and up to 30% in short positions. But the fund doesn't plan to gear and will have a net exposure of between 50-100%. "We ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... NAB and Westpac and other global banks. The class action alleged the banks conspired to fix the prices of BBSW-based derivatives. Both ANZ and CBA said the settlement does not admit their liability and is also subject to the negotiation and execution ...

Must prepare for demise of LIBOR: RBA

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... including ASIC, APRA and the Reserve Bank - are strongly encouraging financial institutions and corporations that use derivatives contracts referencing LIBOR to review and, wherever practical, adhere to the ISDA protocol," Kent said. "There is also a ...

Frontier hires from Cbus

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
Frontier has hired a senior portfolio manager from Cbus to lead its alternatives and derivatives team. Scott Pappas was most recently at Cbus as a senior portfolio manager in absolute return strategies. Prior to this, he worked as a part of Vanguard's ...

Ardea launches fund to European investors

JAMIE WILLIAMSON  |  FRIDAY, 12 MAR 2021
... investors, leveraging the services of Fidante Partners. The Ardea Global Alpha Fund invests in government bonds and related derivatives and will be distributed to European investors via Ardea's strategic partnership with Fidante. The Ardea Global ...

Boutique manager hires from Talaria

ANNABELLE DICKSON  |  MONDAY, 8 MAR 2021
... Jonker spent two years at Goldman Sachs in New York as a project manager for interest rate, foreign exchange and credit derivatives products and worked at Deloitte in South Africa and Chicago. Alphinity principal and chief executive Johan Carlberg said ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... of any well-functioning market, and while required for short selling is also used for many other purposes such as derivatives hedging, balance sheet optimisation, index fair value and dual-listing relative value transactions." Rennick did not clarify ...

Frontier on hiring spree

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... hiring senior consulting and research roles across investment governance, responsible investing and alternatives and derivatives disciplines. "We are hopeful of adding another three senior consulting roles in the coming weeks in alternatives, investment ...

BlackRock appoints APAC lead

JAMIE WILLIAMSON  |  WEDNESDAY, 10 FEB 2021
... BlackRock for about eight years, having first joined in 2013 from Citigroup where was global head of corporate equity derivatives. Prior to that she spent 13 years at Morgan Stanley. The appointment of one of the firm's strongest leaders to head ...