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Showing 491 - 500 of 4538 results for "Dollar"

Alternatives, equities dominate mandates

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
... and cash (17%), and property (7%), according to the latest Rainmaker Mandate Chaser Report. However, when looking at the dollar value, equities took nearly half (48%) of the total money that moved from super funds to external managers in the period ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... the number of millionaires. One factor driving this is that they are all inflated by currency appreciation against the US dollar, which for some countries is likely to have been the main reason for the expansion of numbers, Credit Suisse said.

Teachers Mutual launches neobank

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... bank to hit the market, we are combining the best of new banking technology with the financial security of a nine-billion-dollar balance sheet and a proven, ethical business model." Carolyn Murphy has been appointed to lead the digital bank division ...

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
The corporate regulator is fighting tooth and nail to make National Australia Bank pay a hefty penalty for charging customers fees in return for no service. In the Federal Court this morning, ASIC representative Christopher Archibald QC recalled the ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that ...

Chief economist update: How do you solve a problem like Australia's housing?

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2021
... too, will have the "Great Australian Dream" turn into reality. And that, Virginia, is a place we can call home. It's a dollar short (several thousands -millions? -- in fact) and a day late but the Australian Bureau of Statistics' (ABS) recently ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

ATO cracks down on crypto

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Taxation Office is cracking down on cryptocurrency investors to report capital gains and losses in their tax returns after fears investors may think they are tax-free. The ATO estimates that 600,000 taxpayers have invested in crypto assets ...