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Showing 111 - 120 of 1462 results for "Australian Dollar"

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... hedging strategies proved robust throughout the year, the RBA said. During the first half of March 2020, the Australian dollar depreciated by 15%, meaning super funds were forced to pay more than $17 billion of margin to counterparties as they used currency ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
... globally have been associated with volatility in some other asset prices, including foreign exchange rates. The Australian dollar remains in the upper end of the range of recent years."...and like them, is pushing back, saying: "The bank remains committed ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... Magellan reported a small increase in its net profits, despite a 70% drop in performance fees and a stronger Australian dollar. Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total average ...

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... these securities. "By our calculations, the average increase in spread and spread to $100K for fixed income - Australian dollar ETFs was 571% and 728%, respectively, and the increase in those same metrics for fixed income - global ETFs was 479% and 569%," ...

Chief economist update: RBA extends QE

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2021
... appreciated and is in the upper end of the range of recent years - this was since early 2018. Akin to China, the Australian dollar has become the "victim" of Australia's success in controlling the COVID-19 outbreak and its variant and in strengthening ...

Magellan adds to board

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
... High Conviction Trust to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan is restructuring its retail global equities funds to create a $15 billion fund that will combine ...

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
... currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to foreign currency exposures while ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

RBA cuts rate to new historic low

ELIZA BAVIN  |  TUESDAY, 3 NOV 2020
... effectiveness of further monetary stimulus measures," he said. "But significant considerations like the strength of the Australian dollar and a lagging Victorian economy have supported the case for further easing." "I suspect the horse races weren't ...

RBA, CBA, NAB partner for wholesale currency

ANNABELLE DICKSON  |  TUESDAY, 3 NOV 2020
... technology could bring great benefits to our neighbouring jurisdictions in the Pacific who are highly reliant on Australian dollar remittances," he said.