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Showing 591 - 600 of 11810 results for "Price"

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... alleviated inflation pressures, signalling to investors that interest rate cuts could be on the horizon. June's US consumer price index (CPI) data revealed a rise of 3% from the previous year, falling short of the expected 3.1%. Core prices, which strip ...

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... Fund, a new unlisted managed fund in Australia. The State Street Gold Fund seeks to track the performance of the spot gold price (LBMA Gold Price PM in Australian dollars) by investing in securities backed by physical gold bullion securely held in vaults ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia has moved up the ranks in the UBS Global Wealth Report, rising from third place to second in terms of median wealth per adult, sitting just below Luxembourg. In 2023 wealth growth across the world recovered from its 3% contraction the previous ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... private equity firm. Following an article in the AFR, the ASX queried Insignia Financial over the news that saw its share price rise from $2.19 to $2.39. Insignia said it is not aware of any offers from private equity firms, nor has it engaged Citi. ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
Digital asset funds management firm DigitalX will launch a Bitcoin ETF on the ASX this Friday. DigitalX said that its Bitcoin ETF (ASX: BTXX) will provide a simple, liquid, and regulated structure for investors to gain exposure to the emerging digital ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... largest AI chipmaker - Nvidia - a company in which the MySuper growth portfolio is invested - led the charge with a 192% stock price gain given strong revenue and profit growth." The portfolio also benefited from its investments in extended and alternative ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
... property management services upon completion. The transaction is expected to settle today. Following the update, Mirvac's share price jumped 5.08%. However, its price is still down 17.6% over the past year.

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Leading exchange-traded product (ETP) investment managers - Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information. ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... on higher interest rates and any slowing in the economy," Keith said. "While property owners have benefited from property price rises, more defensive assets such as fixed income, and particularly private credit, can deliver more attractive yields than ...