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Showing 641 - 650 of 6602 results for "Exchange"

RBA outlines next phase of bond purchase program

ANDREW MCKEAN  |  MONDAY, 23 MAY 2022
... financial conditions by lowering bond yields further out the curve and to heap downward pressure on the Australian dollar exchange rate. Successfully the bond purchase program triggered lower bond yields that helped lower financing costs for borrowers ...

No place for crypto in insto portfolios: PGIM

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... "From a governance perspective, the anonymity and difficulty in tracing identity of owners makes it a preferred medium of exchange in illicit activity - such as the potential for skirting sanctions in the wake of Russia's invasion of Ukraine." PGIM chief ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission charged Allianz Global Investors and three former senior portfolio managers over the "Structured Alpha" strategy ...

First crypto ETFs launch on Cboe Australia

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
Finally, after several years of regulatory negotiation, ETF Securities and Cosmos Asset Management have launched cryptocurrency ETFs on Cboe Australia. In a statement, Cboe said ETFs are the first to offer Australian investors with direct, regulated ...

ETF Securities to win Australian crypto ETF race

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
ETF Securities is claiming to have won the race to launch Australia's first bitcoin and ether ETFs. Cosmos Asset Management, 3iQ and other companies have jockeyed with ETF Securities to list first, but the latter has said it's ended the multi-year contest ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... pay US$54.20 a share. He intends for the acquisition to be completed this year. Documents filed with the Securities and Exchange Commission late last week show Musk having raised about US$7 billion to put towards the deal. The Qatar state investment ...

Senator Bragg defends domestic crypto ETFs

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... "the most significant reforms to our payment systems in 25 years". "It would be a very regrettable outcome if foreign exchange traded funds with direct exposure to cryptocurrency were widely available before domestic products," Bragg wrote to ASIC chair ...

Reserve Bank lifts cash rate target

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
... appropriate to start the process of normalising monetary conditions." The central bank has also increased the interest rate on Exchange Settlement balances from 0% to 0.25%. Lowe said Australia's economic resilience is particularly evident in the ...

Future Fund battles challenging markets

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
... "Following Russia's invasion of Ukraine, the fund moved to sell down all holdings in companies listed on the Russian stock exchange...We will wind down the holdings as market conditions allow," Costello said. He added that the Future Fund performed well ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... (LICs), listed investment trusts (LITs), real estate investment trusts (REITs) and infrastructure funds (Ifs), as well as exchange traded funds (ETFs), managed funds and structured products. Products on the ASX are currently regulated by Listing Rules ...