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Showing 61 - 70 of 243 results for "VanEck"

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... 2020." Despite the slight uptick in unemployment - something that the Reserve Bank of Australia (RBA) would want to see - VanEck portfolio manager Cameron McCormack said an RBA rate cut would still be a tight squeeze. "Today's release reinforces ...

ANZ, Macquarie bring forward rate cut expectations

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... has shifted towards a 70% probability of a rate cut in February, we don't see this happening until later in the year," VanEck head of investments Russel Chesler said. "The market optimism towards an earlier rate cut was triggered by comments made by ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... in returns compared to US equities during 2024, achieving 147% and trumping all the major asset classes. According to a VanEck and Bloomberg analysis, US equities delivered 38.2% for the year while global equities in general made 31.2%. The price of ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... halved as well." Chalmers said headline inflation has been within in the RBA's target range for four months now, but as VanEck head of investments Russel Chesler points out, the underlying number is still too high and the figures came in higher than ...

February rate cut unlikely after inflation data

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2025
... automotive fuel." The Reserve Bank of Australia (RBA) has said inflation needs to be "sustainably within the 2-3% target range". VanEck head of investments Russel Chesler said the inflation read was higher than expectations, which might lead the RBA ...

Growth performance of Australia's top investment managers

ANDREW MCKEAN  |  WEDNESDAY, 18 DEC 2024
... exceptional," it ranks fifth among the top six investment managers - only State Street grew less at 20%, analysis shows. VanEck, however, was the top performer in terms of its FUM growth rate, increasing by 55%. But notably, FUM change from product returns ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... leading international investment managers - BlackRock, Fidelity, Bitwise, Ark Invest, Invesco, Franklin Templeton, Valkyrie, VanEck, and WiseTree - which have pulled in US$55.6 billion in flows since inception. Australia's largest super funds, however ...

ETF industry scales to new heights: VanEck

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
According to the VanEck ETF Industry Pulse for November 2024, the Australian ETF industry reached a record $243 billion in funds under management, bringing it closer to $250 billion. This represents a 4.5% increase from October and a 42.5% rise from ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... "Despite the fall, the participation rate was the same as a year ago, and 1.5 percentage points higher than March 2020." VanEck head of investments and capital markets Russel Chesler said the low unemployment may push back hopes for an interest rate ...

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
The Australian ETF industry continues to see strong inflows, according to the VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares ...