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Showing 101 - 110 of 2145 results for "Currency"

ART appoints chief financial officer, promotes managers

ELIZABETH FRY  |  FRIDAY, 16 AUG 2024
... risk premia and risk recycling. Lo joined ART/Sunsuper over 10 years ago, initially working within the fixed income and currency team. Before ART, he worked at Legal & General Investment Management and at JPMorgan and State Street. Meanwhile, as head ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... Australian Shares Index ETF ($205 million), Betashares Australia 200 ETF ($203 million), and Betashares Global Shares Currency Hedged ETF ($194 million). On the flip side, the products with the highest outflows were the Magellan Global Fund (Open Class) ...

Perpetual net outflows top nearly $9bn

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... months of the financial year was also plagued with negative market movements and distributions of $1.4 billion, as well as currency movements of $2.1 billion. "Our asset management business was impacted by the timing of several institutional client redemptions ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... Magnet Capital co-founders Benjamin Celermajer and Egor Sidelska said the final approval was another win for the digital currency industry. "Given the SEC sign-off required to launch, these advisors can for the first time consider a second crypto asset ...

Betashares launches new currency hedged ETF

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
Betashares has introduced a currency hedged version of its S&P 500 Equal Weight ETF (ASX: QUS). QUS has amassed over $380 million in funds under management (FUM), appealing to investors looking to maintain exposure to a broad portfolio of US shares ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... across the world recovered from its 3% contraction the previous year. The contraction in 2022 was largely attributable to currency effects, such as a strong USD. However, the bounce back of 4.2% offset the loss from 2022. UBS Wealth Management Australia ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Global X has introduced a currency hedged version of its popular FANG+ ETF (ASX: FANG). Earlier this week, the company launched its Global X FANG+ (currency hedged) ETF (ASX: FHNG), which it says offers exposure to "10 innovative companies" that are ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... borrowings and questioning the sustainability of these debts. In Australia, net borrowing increased by 59.9% on a constant-currency basis to US$74 billion, due to CSL's acquisition of Vifor and BHP's dividends exceeding free cash flow significantly. ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... Global Shares ETF, launched in May 2023, has a fee of 0.08% p.a. and represents 2.3% of Betashares' total assets. Its currency hedged counterpart, also launched recently, has a fee of 0.11% p.a. and accounts for 1.7% of total assets. The Betashares Australia ...

JPMAM, iCapital launch new private market fund for wholesale investors

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... However, the Australian fund's performance will differ from the underlying solution due to factors such as fees, taxes, and currency fluctuations specific to the local market.