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Showing 221 - 230 of 6532 results for "Exchange"

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
... investors globally, as well as capital formation in private markets. Wiedman also oversees iShares - BlackRock's suite of exchange-traded funds (ETFs) - as well as its active and index strategies, and whole portfolio mandates. Since 2019, Wiedman has ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
The Australian exchange-traded fund (ETF) industry has had a landmark year, breaking records pertaining to market capitalisation, net flows, and product launches. Last year, the ETF industry's funds under management (FUM) reached $246.3 billion ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
Exchange-traded funds (ETFs) are still winning the contest for net flows against unit trusts, according to Rainmaker Information's 2024: The year in wealth management webinar. ETFs attracted around $2 billion in net inflows a month last year whereas ...

ASX bleeds $41bn from delistings

KARREN VERGARA  |  THURSDAY, 9 JAN 2025
... 78 companies left the ASX in the 12 months to December, netting a total of 2116 entities that remained listed on the exchange. ASX general manager of listings James Posnett said like all major markets, Australia's listing environment has been more ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... local market is also "only so big." He pointed out, for example, that the market capitalisation of the New York Stock Exchange is 16 times bigger than the ASX. "So, we expect a greater proportion of new capital will be deployed in international markets ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
The Australian Securities Exchange (ASX) suffered another glitch last week that disrupted two days' worth of trades. The ASX said it detected a "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... made a whopping $3.9 million in commissions. Courtenay House promised stellar returns to investors by trading in foreign exchange and futures commodities when it was not licensed to do so. While the court found that Sipina was not aware that Courtenay ...

M&A and IPO the 'gamechangers' for 2025: Expert

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
... Australia despite a reversing trend persisting. This sentiment comes amid the rate of delisting on the Australian Security Exchange (ASX) outpacing new market entries, including E&P Financial Group who made the exit recently due to its debacle with the ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
Vanguard is the largest exchange-traded product (ETP) manager in Australia, having also so far this year achieved the highest growth from a funds under management (FUM) perspective ($15.4 billion) - however, there's more to the picture. According to ...