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Showing 441 - 450 of 8993 results for "ASX"

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends. While several circumstances led to the glitch, the ASX traced the root cause to the introduction ...

Aussie shares cost 8% more on rebalance days: Dimensional

KARREN VERGARA  |  FRIDAY, 24 JAN 2025
Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds. The analysis studied the reconstitution activity of four other ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
... funds and new mandates, while its multi-strategy assets grew $0.5 billion, primarily reflected by increasing interests on its ASX-listed Regal Partners Private Fund. The group also saw "solid demand" across credit and royalties, and real and natural ...

HUB24 shutters Xplore Wealth MDA services

ANDREW MCKEAN  |  TUESDAY, 21 JAN 2025
... alternative options. The Xplore Wealth MDA has around $2 billion in funds under administration (FUA) and the company noted in an ASX announcement that due to the nature of this solution there's potential for outflows. Notwithstanding that, the contribution ...

ETFs, global equities dominate retail portfolios: Data

MATTHEW WAI  |  TUESDAY, 21 JAN 2025
... There is also a jump of 56% in ETF trades by Millennials and 44% by Gen Z on days when the market falls - buying the dip. ASX 200 and the S&P 500 ETFs are the top selection for the cohorts, accounting for more than 80% of buying and holdings. NAB believes ...

VanEck to launch 'next evolution' long short ETF

MATTHEW WAI  |  TUESDAY, 21 JAN 2025
VanEck will list its first Australian equity long short ETF on the ASX, which aims to outperform the S&P/ASX 200. The VanEck Australian Long Short Complex ETF (ASX: ALFA) is an actively managed and high conviction Australian equity portfolio that targets ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

ASIC names new chief executive

MATTHEW WAI  |  FRIDAY, 17 JAN 2025
... of Australia's financial services landscape not just in his various senior executive roles at ASIC, but previously at the ASX," Longo said. "On behalf of all of ASIC, I thank Greg for his exemplary service, dedication and work ethic, and we wish him ...

MUFG Pension & Market Services awards tech mandate

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
... BFSI Platform, which caters to the life insurance, pension, and annuities industries. Mumbai-based TCS won a mandate from the ASX in 2023 to provide clearing and settlement services. Last October, the global IT services, consulting, and business solutions ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... rumours that it fielded a takeover offer from global investment giant Brookfield Asset Management. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively weighing a bid, but said it was yet to receive a proposa ...