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Showing 21 - 30 of 42 results for "SOARS"

Macquarie cash offering soars

ALLY SELBY  |  FRIDAY, 17 APR 2020
A Macquarie Bank cash offering has seen record interest as financial advisers look to safeguard their client's wealth amid the COVID-19 crisis. Speaking to Financial Standard, Macquarie banking and financial services head of payments and deposits ...

Dow skyrockets in two-day winning streak

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... work, US$75 billion for hospitals and payments of up to US$3000 for families. It comes as the number of cases in the US soars to 66,132, with over 940 people dying from the virus. In New York alone, 30,000 people have tested positive for the coronavirus. ...

ETF popularity soars 52%

ALLY SELBY  |  FRIDAY, 28 FEB 2020
Latest insights from Morningstar show Australia's ETF market grew 52% in 2019, reaching highs of $61 billion in assets. It's a far cry from two decades ago; the industry was worth $3 billion in 2010, and there were only 27 ETF products available ...

Index investment soars: Research

ELIZABETH MCARTHUR  |  TUESDAY, 14 JAN 2020
New research from Rainmaker Information has revealed indexed investments in the Australian market grew by 22% in the year to September 2019, surging to more than $500 billion. Indexed investments grew by 22% over the period, twice as fast as active ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology. "We must take blockchain as an important breakthrough for independent innovation of core technologies ...

Local fintech investment soars

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Australia's fintech industry is catching the interest of international investors and raked in US$600 million of funding last year, according to KPMG analysis. KPMG's 2018 Pulse of Fintech report showed Australian-based Avoka and its sale to ...

Chief economist update: Buy the dip or sell the rallies?

BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
... the psychology behind this. Investor misses out on buying XYZ stock at a certain price, kicks himself when the share price soars, aims to buy next time the price falls to the level he first missed out on. This is the overriding thinking behind what technical ...

Magellan soars past $1.5bn for massive IPO

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
Magellan's new listed investment trust (LIT) has raised $1.55 billion ahead of listing on the ASX next week - representing one of the largest IPOs for a listed investment vehicle. The Magellan Global Trust represents the next phase of Magellan's ongoing ...

Vision Super intra-fund advice soars

ALEX BURKE  |  TUESDAY, 29 SEP 2015
Vision Super has recorded a massive increase in financial advice given to its members over 2015. Over the past year, Vision Super's financial advice team has had 2,422 meetings with members - a 70% boost from the 1,431 meetings in 2014. General advice ...

Demand for ethical investments soars

ALEX BURKE  |  TUESDAY, 10 MAR 2015
Ethically-screened FUM monitored by the Ethical Advisers' Co-operative has increased by 18% in the past 12 months to $910 million. Labelling itself "Australia's First Adviser Co-Operative", the EAC is a collection of financial planning firms focused ...