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Showing 1241 - 1250 of 6537 results for "Exchange"

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
Institutional investors are increasingly turning to exchange-traded funds in times of volatility, using them as a price discovery tool and to trade risk. Speaking at the Financial Standard Best Practice ETF Forum in Sydney yesterday, BlackRock Investment ...

Netwealth doubles market share

DARREN SNYDER  |  MONDAY, 3 SEP 2018
Nearing 12 months since listing on the Australian Securities Exchange, platform provider Netwealth progressed to reporting season with 35.9% income growth and a statutory net profit after tax of $20.8 million. Netwealth's platform revenue for FY18 was ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... index for developed markets rose by 0.8% and that for emerging markets increased by 2.4%. While the Australian dollar's exchange rate versus the US dollar managed to end the week with a 0.1% advance to US$0.7329, it was small beer compared with the its ...

Chief economist update: Little market reaction from BOJ tweak

BENJAMIN ONG  |  FRIDAY, 24 AUG 2018
... and downward to some extent mainly depending on developments in economic activity and prices." The Japanese yen's exchange rate versus the US dollar declined by 0.8% immediately after the announcement and because of its negative correlation with ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... largest companies. Its management cost of 0.07% was half the lowest-cost Aussie ETF product at the time of its launch. Exchange-traded funds have traditionally attracted adviser or self-driven investors more than instos. BetaShares chief executive Alex ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... lira's 40% depreciation) and replaced with the "sovereign bolivar", starting on August 20. The sovereign bolivar's exchange rate would, in turn, be anchored to the "Petro" - a cryptocurrency backed by oil. According to aljazeera.com, "each petro ...

Former Magellan executive appointed to Contango board

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... company secretary during that period. "During this time, Nerida was involved in the launch of several funds, including exchange traded managed funds, IPOs, capital management initiatives and corporate acquisitions," Contango said in a statement. Prior ...

Suncorp suppressed tax benefits to super members

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
... Pinto confirmed the agreement was made between the companies some years ago so that surpluses would be paid to SLSL in exchange for what are described as "additional services." Tax surpluses arose when SPSL collects 15% of every superannuation contribution ...

OneVue and Mercer join forces

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... growth assets and were designed by Nextplan's investment team in collaboration with Mercer, leveraging OneVue's FUND.eXchange funds. Nextplan's chief executive David Corridon said the new platform will enable Nextplan to access best-of-breed investment ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... advice licensees that it was paying carried out a proper review to determine whether or not services had been provided in exchange for fees," Hodge said. Smith responded: "I think the trustee expected that would happen. Potentially with the benefit of ...