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Showing 251 - 260 of 692 results for "Virtu"

Pinnacle kicks off race to zero-fee ETFs

KANIKA SOOD  |  MONDAY, 29 JUL 2019
A local boutique is planning to launch Australia's first zero fee exchange traded fund. Pinnacle Investment Management is aiming to bring a zero-fee cash ETF to the ASX, managed by Omega Global Investors and says there may be room to implement the model ...

Aussie millionaires are cashed up: Report

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion. The 2019 State of Wealth Report, which is based on research conducted by Crestone Wealth Management ...

First State Super, VicSuper merger talks progress

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2019
First State Super and VicSuper have now signed a Binding Heads of Agreement to merge, with leadership roles and a 2020 deadline confirmed. In an update, the funds said a successful merger would see the creation of a $120 billion fund serving more than ...

Super fund appoints new asset consultant

ELIZABETH MCARTHUR  |  MONDAY, 8 JUL 2019
A $30 billion super fund has appointed an asset consultant, replacing Willis Towers Watson. ESSSuper, the Melbourne-based fund for Victorian emergency services and state employees, has announced the appointment of Frontier Advisers as asset consultant. ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
"Such a feelin's comin' over me There is wonder in most everything I see..." - Karen Carpenter Not long now - just less than a percentage away (0.8% to be exact) - and the All Ordinaries index would top the all-time high of 6,853.57 points it ...

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
The Bank for International Settlements (BIS) has issued a warning about large technology companies entering financial services. The BIS said the entry of big tech into financial services presents new risks - not least of all, the competition these companies ...

Cashwerkz, Praemium ink deal

HARRISON WORLEY  |  WEDNESDAY, 5 JUN 2019
Financial advisers using Praemium's integrated managed accounts offering can now access the Cashwerkz platform. The two firms have entered a "data feed partnership" that will allow advisers using Praemium to access Cashwerkz's marketplace offering from ...

Chief economist update: June RBA rate cut not a sure bet

BENJAMIN ONG  |  FRIDAY, 17 MAY 2019
The odds that the Reserve Bank of Australia (RBA) will cut interest rates to a new record low of 1.25% from the current all-time bottom of 1.5% when its Board meets on the first Tuesday of June intensified after the Australian Bureau of Statistics' ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...

Chief economist update: Lock in two RBA rate cuts

BENJAMIN ONG  |  FRIDAY, 26 APR 2019
The stats are out and it reveals that Australian consumer price inflation has softened... big time. There's no other option for the Reserve Bank of Australia (RBA) to cut interest rates soon and twice. The Australian Bureau of Statistics' (ABS) ...