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Showing 111 - 120 of 563 results for "Currencies"

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
... of multiple legal jurisdictions and tax regimes, the need for support with multi-currency trading, valuation across currencies and implementation of hedging strategies," ACSA said. ACSA chief executive Robert Brown said: "The custody industry continues ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... The remaining 20% is European and about 20% in emerging markets. The trust only invests in debt denominated in three currencies: the US dollar, the Sterling and the Euro. As a result, the portfolio has no exposure to debt denominated in Turkish Lira ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... FTSE-100 (-1.7%) and the Nikkei-225 (-2.2%) are all down this year to date. The sharp depreciation in many emerging market currencies - notably the Turkish lira (-34.8%), the Argentine peso (-36.7%), the South African rand (-15.9%) and the Indian rupee ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... $83.3bn by Turkish borrowers, French banks are owed $38.4bn and Italian lenders $17bn in a mix of local and foreign currencies." Deeper still, below is the list of banks most exposed to Turkey as compiled by Reuters: "Spain's BBVA (BBVA.MC), Italy's ...

Aussie fintech launches index-style crypto fund

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... with another option to diversify their portfolio, despite the volatility of cryptocurrency. "Historically, digital currencies have provided alternative sources of capital growth with low correlations with traditional asset classes such as equities and ...

Macrovue appoints ANZ Wealth executive

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... disruptive technology, big oil, luxury goods, internet of things and ageing population. They span 20 global markets and nine currencies. It is targeting direct investors including SMSFs trustees as well as advisers. Shareholders in the company include ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... and most central banks are not hiking rates. In fact, those that have been hiking have broadly been defending their currencies. Also, much of the economic growth in EM is organic, rather than being based on mergers, acquisitions and financial engineering." ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... of which, the US dollar has already bottomed early this year. At the end of June, the US dollar index (against major currencies) has risen by 7.7% from its 2018 low and by 4.7% this year to date. The US dollar will only get stronger given the still solid ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... slowing growth in emerging economies. And then there's US trade protectionism. The high USD and lower emerging market currencies should work to improve the trade balance against US. But this would only put emerging countries' exports right in ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability to access 10 currencies in real-time, combined with the capabilities of a foreign currency debit card. Citi consumer bank chief executive Alan ...