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Showing 401 - 410 of 6922 results for "shares"

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... was due to fee reductions on three products, representing 33% of its AUM. The largest of these, the Vanguard Australian Shares Index ETF, had its fee reduced from 0.1% to 0.07% p.a. BlackRock had the largest percentage and absolute fee reduction, with ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... was driven by strong investment performance in both domestic and overseas markets. Households' direct ownership of shares and other equity contributed an additional 0.4 percentage points to the quarterly growth in household wealth. Capspace managing ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... Schwartz said. In August 2022, Qualitas granted options to ADIA under which it may acquire up to 32.66 million new ordinary shares in Qualitas, representing up to 9.86% of issues equity on a fully diluted basis, if ADIA committed incremental investment ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
... had a major role in driving returns in the tech sector and lifting the market to an all-time high. In fact, six mega-tech shares accounted for more than 75% of the S&P 500's gain last month. By the end of the month, the Dow Jones had gained 2.3% ...

Global X cuts management fees

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Global X ETFs will reduce the annual management fees for its Global X 21Shares Bitcoin ETF (Cboe: EBTC) and Global X 21Shares Ethereum ETF (Cboe: EETH), effective July 1. Both Australian-listed cryptocurrency products will see a reduction from 1.25% ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
... bested its peers with $1.6 billion in net flows, followed by the Betashares Australia 200 ETF and the Vanguard Australian Shares Index ETF, raking in approximately $1.3 billion, respectively. The remaining top 10 products for net inflows were the Macquarie ...

First Bitcoin ETF to launch this week on ASX

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... providing investors with exposure to Bitcoin by investing in the VanEck Bitcoin Trust (HODL) - a US ETF that issues common shares of beneficial interest that are listed on Cboe. However, Monochrome Asset Management chief executive Jeff Yew told Financial ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... million," Miles said. "It's no surprise then that the next generation is turning to more accessible investments such as shares and even cryptocurrencies." Miles said allowing superannuation funds to take advantage of leverage would potentially offer ...

ASIC issues first stop order for crowd funding

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
... use of a nominee arrangement, the regulator said. "This arrangement did not permit investors to directly acquire ordinary shares in Hirehood. Instead, shares issued by Hirehood were intended to be held by a related party of the intermediary, as nominee ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... transaction documentation and obtaining necessary shareholder approvals," PFG said. It will fund the acquisition via cash and shares with payments to be made over a three-year period. Meanwhile, PFG entered into a binding agreement to acquire Equity ...