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Showing 21 - 30 of 242 results for "USD"

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... Investments Australia director Jonathan Grigg said: "While the falling Australian dollar tempered growth in assets in 2024 in USD terms, Australia's superannuation assets have outpaced other major pension markets over the long-term due to a combination ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... director Ian Macoun said markets were broadly supportive in the first half, whilst the depreciation of the AUD against the USD boosted the valuation of USD denominated assets. "Against that backdrop, however, we have still not seen a significant improvement ...

Boutique global asset management firms' investment outlook

ANDREW MCKEAN  |  FRIDAY, 20 DEC 2024
... liquidity suggest a potential inflationary wave. Such a scenario would significantly alter expectations for interest rates, the USD, and asset classes across the board. In any case, CPIs will remain volatile based on energy prices developments," he said. ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Pre-Select offering, the Conservative, Balanced, Growth, High Growth options will see the changes. Cohen & Steers, which has USD$13.1 billion in global real estate assets, already had a mandate in the MultiActive strategy. MLC said Cohen & Steers is ...

Carnegie's MHC Digital, Circle target local stablecoin push

ANDREW MCKEAN  |  TUESDAY, 1 OCT 2024
Venture capitalist Mark Carnegie's MHC Digital Group and fintech Circle have teamed up on a plan to ramp up USDC stablecoin distribution in Australia and Asia Pacific, exploring institutional use cases. USDC is a fully reserved stablecoin, with over ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
Kraken Institutional will expand in Australia and the UK to offer institutional clients access to its custody solution. The cryptocurrency exchange said eligible investors in the UK or Australia can store, manage, and transfer crypto assets in Kraken ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... and January 2018. In two of the seminars, Bigatton told attendees that BitConnect Coins would increase in value to at least USD$1000. In another, he promoted BitConnect as better than term deposits. He pleaded guilty to providing unlicensed financial ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... its 3% contraction the previous year. The contraction in 2022 was largely attributable to currency effects, such as a strong USD. However, the bounce back of 4.2% offset the loss from 2022. UBS Wealth Management Australia managing director Andrew McAuley ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... dollar remains investors' safe haven of choice in the face of event risk," he said. "Long-term investor demand for the USD rebounded smartly in June, alongside demand for the Utilities sector in equities and cash more generally." The State Street ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... fluctuation, our clients are seeking to include AUD-hedged products in their portfolios. Given FANG is entirely exposed to the USD, FHNG presents a strategic way to achieve this minimised currency risk, while still offering a high growth opportunity," ...