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Showing 481 - 490 of 2145 results for "Currency"

IRESS first half revenues up 8pct, wealth and lending lead

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
... NPAT was up 8% over 1H17 to $32 million. The company has maintained its segment profit growth of 3-7% on a constant 2017 currency basis. Group segment profit for the first half was $67.5 which is up 3% from 2H17. IRESS chief executive Andrew Walsh said ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
... contributed to the economy's 13.2% contraction in 2017 that followed the previous year's 16.5% drop in GDP. A new currency is born. On the 17th of August, President Maduro announced that the ironically named "strong bolivar" would be devalued ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... can only count its blessings that Turkey is not Greece. It has applied, but Turkey is not (yet) a member of the single-currency area. Still, the ECB has every right to be concerned because of some of its member nations' exposure to Turkey. The Financial ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... followed a 75 bps hike on April 26. The "emergency" move was aimed to halt the depreciation of the Turkish lira. The currency has dropped by 22.2% to what was then a record low 4.87 lira/US$1 from the start of 2018 on the back of President Recep Tayyip ...

Chief economist update: Betting on down rather than up?

BENJAMIN ONG  |  FRIDAY, 10 AUG 2018
... years and 7.1% lower compared to the US$0.7112 it fetched at the start of 2018. The $NZ's drop suggests that the currency markets are betting that the next move in the OCR could be down rather than up. This is because as printed in the August Monetary ...

ESG bond portfolio opens to Aussie investors

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... believes are managing ESG exposures better than their peers. The underlying debt securities will have an overlay of rates, currency, inflation and credit market positions. It will aim to outperform the Bloomberg Barclays Global Aggregate Index. Cameron ...

Aussie fintech launches index-style crypto fund

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
Australian fintech CoinJar is introducing a new fund designed to allow wholesale investors to gain digital currency exposure without needing to hold or trade cryptocurrencies themselves. The CoinJar Digital Currency Fund will manage and ensure of the ...

VanEck adds two to Australian team

KANIKA SOOD  |  THURSDAY, 19 JUL 2018
... management and investment performance analytics and attribution, in supporting the trading of equities, fixed income and currency (FX). Also joining VanEck is Alice Shen as a portfolio administration associate. She is joining VanEck from State Street ...

ETF industry swells to $39 billion, global equities dominate

KANIKA SOOD  |  MONDAY, 16 JUL 2018
... Aussie ETPs is: international equities (44%), Australian equities (40%), fixed interest (8%), cash (4%), commodities (2%), currency (1%) and nil for goals-based and diversified exchange traded products. These numbers are based on $36 billion in funds ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... US$0.62 at the onset of the GFC - when most major economies went into a Great Recession but Australia didn't. As any currency warrior would tell you, this is good for the domestic economy. Australian exporters would find their wares more competitive ...