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Showing 1871 - 1880 of 8993 results for "ASX"

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... finishing overnight's trading activity in the green and Asian markets have opened strongly led by a 2.80% gain the S&P/ASX 200 index (as at 10:31 am AEST). But as we've witnessed over the past several weeks, one day's big gains were wiped ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
UBS is sweeping clean its suite of ASX-listed ETFs, shutting down six funds and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its ...

Elanor launches new fund

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... structures are driving demand for more efficient healthcare service delivery models," the company said in an announcement to the ASX. "Consequently, healthcare services are increasingly being delivered in lower cost day surgeries and medical centres/clinics." ...

Coronavirus puts rocket under shorting ETFs

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... them to short the ASX200 and the S&P 500 amid the stock market correction, doubling their assets since start of the year. The ASX 200 and S&P 500 had both lost over 20% from the start of the year to yesterday's close, as COVID-19 and economic slowdown ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... second boutique, Flinders Investment Partners, was the only well-performing boutique. It returned 6.2% above the benchmark S&P/ASX Small Ords in the 12 months ending February end. It is managed by Andrew Mouchacca and Richard Macdougall, both of whom ...

Moody's downgrades AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 MAR 2020
... current volatility in capital markets and are not material to the operations of AMP Limited," AMP said in a statement to the ASX. "AMP continues to have a strong balance sheet and capital position, with its Level 3 eligible capital above minimum regulatory ...

Best, worst equities performers in COVID-19 sell-off revealed

ALLY SELBY  |  WEDNESDAY, 18 MAR 2020
... have been particularly hit by the COVID-19 crisis, with the benchmark underperforming the 200 during the period. "The S&P/ASX Small Ordinaries benchmark declined 27% with a high dispersion of returns at the stock level," Morningstar said. "Performance ...

Investment manager criminally charged

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2020
The Australian arm of a global investment management company has been charged with breaching client money obligations. Societe Generale Securities Australia (SGSA) is facing criminal charges in Sydney on two counts of failing to pay client money into ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
... State is temporarily allowing three of its Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share Fund and the Colonial ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... between February 20 - when the market peaked - and March 12, when the ASX200 closed at 5304. Over that time the Australian share ASX 200 index dropped by 25.9% and the fund's Australian Share option returned -22.8%. First State Super's balanced ...