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Showing 551 - 560 of 1481 results for "Aussie"

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...

BlackRock cuts fees on Aussie shares ETF

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
BlackRock has slashed the fees on its S&P/ASX 200 exchange-traded fund following a pricing review, as competition heats up in the sector. The iShares Core S&P/ASX 200 ETF, which trades on the exchange with ticker IOZ, pushed down the fees to 0.09% p.a. ...

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
A $43 billion superannuation scheme awarded a mandate worth more than $200 million to Omega Global Investors. State Super allocated the funds to Omega's smart beta-plus strategy, complementing its existing Australian equity portfolio. Omega joins ...

OnePath awards $210m in mandates

KANIKA SOOD  |  WEDNESDAY, 26 JUN 2019
... functions to external managers under new partnerships. Melbourne-based Yarra Capital Management took over the management of its Aussie equities funds and CBRE Clarion took over the management of UBS Property Securities Fund. UBS AM's small caps team ...

Global manager appoints Aussie equities lead

KANIKA SOOD  |  MONDAY, 24 JUN 2019
A global manager has appointed a new head for Australian equities as the incumbent moves to a different role. Michelle Lopez is taking over as Aberdeen Standard Investments' head of Australian equities after 15 years with the team. She moves into ...

Future Super to offer investment app

HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
The $400 million superannuation fund is set to launch an investment app. Future Super is planning to open the doors to Array, an app allowing everyday Australians to invest in renewable energy for as little as $5. According to the Array site, the first ...

Two LICs set to merge

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2019
... shares and 24.1% of its convertible notes if the deal goes ahead. The two LICs have similar mandates, investing across Aussie small, mid and large caps. Clime Capital listed in 2004, while CBG listed in 2014. At the end of May, Clime Capital's portfolio ...

Myer Foundation backs new strategy

KANIKA SOOD  |  MONDAY, 17 JUN 2019
... and the Australian Government's Clean Energy Finance Corporation are among the early investors in a global manager's new Aussie equities strategy. AllianceBernstein's AB Managed Volatility Equities - Green ("Green MVE") is a new unit class in its AB ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Wealth firm trims Aussie shares

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
A Melbourne wealth firm run by a former NAB Private Wealth executive has trimmed its allocations to Australian shares as it takes a bearish view on midcaps. Hamilton Wealth Management advises on about $500 million for high net worth clients. It took ...