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Showing 2561 - 2570 of 22782 results for "Funds"

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... to Betashares' latest Australian ETF Review, the industry saw 33% growth year-on-year. It recorded its highest annual funds under management increase in 2023, growing by $43.7 billion, with $15.0 billion in new inflows. This is compared to $13.5 ...

BlackRock appoints new head of APAC

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... structuring, strategic equity transactions, and DBx Asia Pacific at Deutsche Bank AG Hong Kong. She was also the head of equity and funds structures for Barclays Capital Asia. "I am excited and honoured to lead the talent, ambition and excellence of ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... to identify value accretive opportunities to recycle capital, launch new products, and build on partnerships to grow the funds management platform, which will lead to long-term returns for security holders," he said in announcing the FY23 results. In ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... Financial Group (WTL) with a total of 75 practices transitioning. WTL acquired Synchron in 2022 and now has about $23 billion in funds under advice. Count will swallow up Diverger after COG Financial Services backed out of the running last November.

Saxo lowers trading costs

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... the financial markets," he said. Additionally, currency conversion fees dropped by two thirds to 0.25%; customers can hold funds in 11 different currency sub-accounts and save on FX fees when trading. The changes will help more people seize opportunities ...

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
... Despite the current institutional enthusiasm for bitcoin, Vanguard has reportedly declined to offer a bitcoin ETF or offer funds from other issuers on its trading platform, citing a misalignment with its investment principles.

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
Bitcoin exchange-traded funds (ETFs) have been approved by the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
Senator Andrew Bragg has called for new reforms aimed at safeguarding retail investors as superannuation funds increase their ownership stakes in Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... as 1 March 2021. In December, Prospero was requested by ASIC to provide an undertaking promising not to deal with client funds without ASIC's permission. The undertaking is in place until at least February 8 and ASIC said Prospero is cooperating ...

Balanced portfolios to reap rewards in 2024: UBS

CHLOE WALKER  |  TUESDAY, 9 JAN 2024
... sponsors have improved access to private markets and decreased operational burdens with the proliferation of perpetual capital funds," the report said. "We expect that investors who shift from the traditional 60-40 stock-bond portfolio to a 40-30-30 ...