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Showing 31 - 40 of 171 results for "Bank Bill"

Janus Henderson to launch active ETF

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... cash, longer duration fixed interest securities and higher yielding securities with the aim of beating Bloomberg AusBond Bank Bill Index and Bloomberg AusBond Composite 0+ Yr Index (equally weighted). It has been running since 2009 and delivered 5.07% ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... multi-sector, absolute return fixed income approach. GSFM said the portfolio aims to outperform the Bloomberg AusBond Bank Bill Index by 2-3% gross per annum over a three year period. "The central pillar of the strategy is income generated from a highly ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog in its bank bill swap rate rigging case against Westpac, NAB and ANZ, as well as acting counsel for AMP at the financial services Royal ...

Portfolio manager departs

KANIKA SOOD  |  FRIDAY, 6 SEP 2019
... with an absolute return objective. Since the Australian-domiciled fund's inception, it beat the Bloomberg AusBond Bank Bill by 1.45% p.a. with a 3.74% p.a. fund return. Boyd was responsible for day-to-day management of the strategy and Payden & Rygel's ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... 2019. During the period in question, ASIC also resolved 10 market integrity related cases. Of key concern, ASIC won the Bank Bill Swap Rate case against Westpac in November - with the Federal Court ordering Westpac to pay $3.3 million for contravening ...

JPMorgan portfolio manager leaves

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... Since its inception in May 2016 the fund has returned 4.8% in annualised return to the benchmark's (Bloomberg AusBond Bank Bill Index) 1.88%.

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
... Bloomberg AusBond Composite 0+ Years Index, Citigroup Global Bond Index ex-Australia (hedged to AUD) and Bloomberg AusBond Bank Bill Index. The Australian Shares Indexed option aims to perform in line with the benchmark S&P/ASX300 Accumulation Index ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
Westpac will pay a $3.3 million penalty over its involvement in the bank bill swap rate saga that's ensnared Australian banks this year. On Friday the Federal Court ordered the bank pay $3.3 million for contravening the ASIC Act in its involvement in ...

CBA should have done more: Federal Court

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
... Federal Court judge who slapped the Commonwealth Bank with a $5 million pecuniary penalty over its role in setting the bank bill swap rate said the bank should have better supervised its staff. Justice Beach of the Federal Court delivered the assessment ...

New Government body to advance financial literacy

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
... payments made by ANZ and NAB as part of the settlement agreements with ASIC, resulting from the manipulation of the bank bill swap rate (BBSW). An additional $10 million will be committed by the Government, as outlined in the recent Federal Budget, specifically ...