Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 261 - 270 of 2145 results for "Currency"

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... and at the same time, raises the profits of local companies earning US dollars when "translated" back into Australian currency. Not to mention, the rise in the share prices of Australian firms when they convert their US dollar earnings back into local ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... unlucky), its variants and the slow pace of vaccinations. Preliminary estimates released by Eurostat show the single-currency region's GDP contracted by 0.6% in the three months to March 2021. This followed the December 2020 quarter's 0.7% contraction ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... "Launched in 2011, AMP Capital's Dynamic Markets strategy was actively managed both in terms of asset allocation and currency hedging and took advantage of market mispricing around the world to generate growth," the spokesperson said. "Dynamic Markets ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
... growing interest it is seeing from US consumers. The US is now the biggest contributor to Afterpay's business on a local currency basis, with underlying sales for Q3 FY21 up 211% year on year at $2.6 billion. For comparison, Australia and New Zealand ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... plan to navigate COVID-19 that provided guidance to the trustee board regarding the overall liquidity, member switching, currency hedging, asset allocation, unlisted valuations, and stress tests during the crisis," Chief Investment Officer said. "The ...

Sydney multi-boutique adds crypto fund

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... of Bitcoin (as mining incentives decline) has increased its attractiveness as a store of value and hedge against fiat currency debasement. The DigiTrackers Bitcoin Fund was purpose built to allow professional investors to access the asset class in a ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... depreciated by 15%, meaning super funds were forced to pay more than $17 billion of margin to counterparties as they used currency derivatives to hedge foreign exchange rate risk on foreign-denominated investments. "Fund-level data show that funds with ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... overseas and domestic demand. One not so minor thing that the survey failed to mention is the rise and rise in the Chinese currency - itself a de facto tightening of financial and economic conditions. The Chinese yuan has now appreciated by a 10.2% versus ...

Frontier hires from Cbus

KANIKA SOOD  |  WEDNESDAY, 17 MAR 2021
... February, Frontier announced eight additions to its team including Jill Guan, as a senior consultant specialising in debt and currency, who joined from CitiBank. At the time, Frontier said it had 82 staff in total, of which 56 are in investment consulting ...

REITs extend performance struggles

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... trusts (the S&P/ASX A-REITS Index returned 5.1% p.a. over three years), international property securities funds (both currency hedged and currency unhedged) and other unlisted trusts with direct ownership of properties, including specialist commercial ...