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Showing 51 - 60 of 553 results for "Foreign Exchange"

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... fund, for a nominal one-off fee clients were told they'd receive a split of profits from Sandiford investing in foreign exchange products and commodities. Meanwhile, the income fund offered an option under which investors would pay a capital investment ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
... altogether, and real estates are normalising, while emerging markets are benefiting from lower core inflation, growing foreign exchange reserves, trade surpluses, and prudent fiscal policies," it said. Elsewhere, Principal Asset Management chief executive ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... and execution of balance sheet and financial market operations. Additionally, he manages the UK's official foreign exchange reserves and coordinates market intelligence and analytical advice to the BoE's monetary and macro-prudential policy committees. ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... investors with USD-denominated assets to protect valuations against a rising AUD. Selling USD against the AUD via foreign exchange spot and over the counter derivatives, the fund provides investors with up to three times leveraged exposure to the exchange ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... complaints rose 51% year on year to 4840. Some 1726 related to bad advice from Dixon Advisory and 656 came from foreign exchange-related complaints for Best Leader Markets. Stripping these out, there were 2458 investment and advice complaints, representing ...

TelstraSuper revamps strategy team

ELIZABETH FRY  |  FRIDAY, 29 SEP 2023
... carrying out stress testing, assessing Your Future Your Super headroom, doing macro-economic research, managing foreign exchange risk, and implementing portfolio overlays. "So it made sense to recognise the breadth and depth of what the team does by ...

Australian Bond Exchange, Boston Global Group launch fund

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... indirect exposure to fixed income securities from non-Australian issuers. According to the Australian Bond Exchange, foreign exchange exposure will be managed using deferred purchase agreements (DPAs) and/or credit instruments issued by financial institutions ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... growth potential of leading US companies." All transactions will be conducted in Australian dollars, with a small foreign exchange fee applied. "We are making accessing the US market easier than ever before, while also encouraging healthy, long-term ...

Income Asset Management appoints head of sales

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
... Labib held roles at UBS on its equity sales desk, FIIG Securities in fixed income sales, and Deutsche Bank in foreign exchange sales. IAM co-head of capital markets James Shillington said the appointment of Labib comes at a time of "escalating awareness" ...

Perpetual restructures asset management leadership, regional chiefs exit

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
... $212.1 billion, doubling since the Pendal acquisition. However, despite favourable market conditions and positive foreign exchange rates, the asset manager also experienced $8.1 billion net outflows. "Whilst our net outflows for FY23 were disappointing ...