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Showing 111 - 120 of 553 results for "Foreign Exchange"

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...

Multi-strategy fund launches

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... Capital Management. The first month achieved a 1.1% return. The fund has active strategies that trade across three foreign exchange and two global equalities. It aims to generate returns of 10-15% per annum based on a screening system, which includes ...

ASX director retires

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... more than eight years. He has also previously served as the chair of both property trust ALE Property Group and foreign exchange company OFX (formerly OzForex Group). He also served as the deputy chair of Crowe Horwath Australasia between May 2007 and ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... target for the three-year bond, but additional purchases could occur further out the curve on a regular basis. (2) Foreign exchange intervention is another potential policy option. However, with the Australian dollar broadly aligned with its fundamentals ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... Arley Johnson falsely told investors their funds would be used by a team of skilled and licensed traders for foreign exchange and cryptocurrency trading. They allegedly promised a risk-free return of between 6% and 42%. Jali claimed to be a pastor, the ...

Citi hires new banking, wealth lead

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... market-leading access to competitive products and insight." The bank also reported it had had a record year in bonds and foreign exchange, with a 44% increase in bond trading volumes and a 67% increase in FX trading volumes in the first quarter of 2020. ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Jamieson said. "It is hedged back to AUD and we are very tight to hedge. [We are] not expecting to utilise the foreign exchange as a primary return driver because that would add volatility." He said the government-backed instruments the fund invests ...

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... funds management tax reforms, including those relating to the Taxation of Financial Arrangements, particularly foreign exchange hedging and the Investment Manager Regime, as well as an expansion of functional currency election to certain trusts and partnerships. ...

Chief economist update: Ardern's ardour

BENJAMIN ONG  |  TUESDAY, 11 AUG 2020
... Zealand's closed border starts to take its toll on the international tourism and education sectors, both key foreign exchange earners." Unlike its peers, New Zealand's unemployment rose to just 4.2% in the March quarter - a one-year high - before ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... "Chi-X TraCRs provide the added advantage of HIN based ownership, AUD dividends repatriated at institutional foreign exchange rates, fungibility to the underlying offshore asset and T+2 settlement, which makes this pathway to the US stocks even more ...