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Showing 101 - 110 of 3053 results for %22ASX Trade%22

AGL rejects another takeover bid

KARREN VERGARA  |  MONDAY, 7 MAR 2022
... Cannon-Brookes. The $8.25 per share offer "is still well below both the fair value" of the company, the AGL board told the ASX this morning. Cannon-Brookes, together with his firm Grok Ventures and Brookfield Asset Management, made an initial offer of ...

Low fees, niche sectors win ETF war

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
... Rainmaker analysis has indicated that the purchase of Chi-X by Cboe Global Markets has accelerated competition. While the ASX still has most of the exchange traded products, Cboe Australia is making inroads. During last year it increased its share of ...

Crestone awards back-office, trade execution mandate

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... Magellan made three major investments in investment bank Barrenjoey, food chain Guzman y Gomez, as well as FinClear. A recent ASX investor update shows Magellan's funds under management sits at $87.1 billion, which factors in net outflows of $5.5 ...

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
The Australian Custodial Services Association (ACSA), the peak industry body for custodians and asset service providers in Australia today released industry data showing assets under custody increased by 5.8%to a new record of $4.7 trillion in the six ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... $5.1 billion month on month to end January at $131.8 billion. Meanwhile, about $1.5 billion was seen in net flows and the ASX ETF trading value hit the second highest monthly level on record at $10.3 billion, an increase of 26%. "As the industry has ...

SPDR ETFs cut fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 FEB 2022
... Australia Carbon Control (Hedged) Fund (WXHG) annual management fee will drop 14 basis points from 0.35% to 0.21%. The SPDR S&P/ASX 200 Financials EX A-REIT Fund (OZF) annual management fee will reduce by six basis points from 0.40% to 0.34%. And finally ...

Stake offers $0 ASX brokerage

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
Investment platform Stake will offer its users $0 brokerage on ASX trades, but only if they refer other users. For each person a customer refers, their brokerage drops by $1 for one year. With brokerage currently at $3, three referrals can get customers ...

Top three drive ETF surge

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... the course of 2021, BetaShares' 2021 Australian ETF Review found, considering the market capitalisation of ETFs on the ASX and Chi-X. Growth was driven by both market momentum and inflows. Inflows reached $23.2 billon, a 13% increase on 2020's ...

ASIC reviews ETP naming conventions

KARREN VERGARA  |  FRIDAY, 21 JAN 2022
... development," ASIC said. ETPs launched in Australia in August 2001. At the end of October 2021, there were 273 ETPs admitted to the ASX and Chi-X. Of these, 171 were ETFs, 68 were managed funds and six were structured products, with a total of $127 billion ...

Fidelity launches active ETF

KARREN VERGARA  |  MONDAY, 13 DEC 2021
Fidelity International has launched one of its managed funds as an actively managed exchange-traded fund on the ASX. The Fidelity Global Demographics Fund listed on the ASX as FDEM. It invests in up to 70 global stocks and aims to beat the MSCI All ...