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Showing 111 - 120 of 2160 results for "Currency"

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
... added. Armitage also believes that cryptocurrencies are as much a concept as they're an actual investment. "It's a digital currency where there is actually nothing that sits behind it. And so essentially you are buying a concept, albeit a concept with ...

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Nanuk Asset Management has launched a currency hedged version of an active exchange-traded fund (ETF) on the ASX. The New World Fund (Currency Hedged) Active ETF was admitted on the ASX under ticker code NNWH on September 30. The fund invests in companies ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
... approximately US$164 billion and account for ​​40% of all value transacted on blockchain networks. Over time, multi-currency stablecoins are expected to provide a more efficient alternative to the traditional multi-trillion-dollar foreign exchange ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... target market determination. The corporate regulator argued that the obligation to repay a digital asset or national currency was a deferred debt, and therefore the "margin extension" should be classified as a credit facility. The Federal Court determined ...

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 ...