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Showing 821 - 830 of 11812 results for "Price"

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... after it failed to identify suspicious trades conducted by a client. Between March and November 2021, certain Closing Single Price Auction (CSPA) orders in Orthocell (OCC) were allowed by Interactive Brokers to be placed despite it being reasonable to ...

Cost-of-living crisis will persist into future: Study

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
The financial confidence of older Australians continues to take a beating thanks to mounting cost-of-living pressures, as many feel they will struggle with it well into the future, a new study shows. Eighty percent of people aged 50 years old and over ...

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... revision for 2023 and 2024 mainly reflects a higher path for energy prices," it said. It further stated that underlying price pressures remain high, even though most indicators have started to ease. "ECB staff have slightly revised down the projected ...

A roadmap for transitioning to managed accounts

ANDREW MCKEAN  |  THURSDAY, 14 SEP 2023
... generally look at a managed account as a mechanism to generate scale, and this scale often allows them to negotiate in terms of price. Reduced-cost unit classes is great for all in terms of rebates," Mantella said. In delivering effective advice to clients ...

Australians retiring later than global peers: Research

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
Australians are remaining in the workforce years after their global peers, research reveals. Natixis Investment Managers' Global Retirement Index (GRI) assessed retirement across 44 countries. It found the median retirement age across all countries ...

NZ Super Fund delivers 11.9%

CASSANDRA BALDINI  |  WEDNESDAY, 13 SEP 2023
NZ Super Fund has achieved a pre-tax return of 11.9% for the full year to 30 June 2023 and increased its value by $9.7 billion to $64.5 billion. Despite the positive results, the global recovery in share prices over the year meant that its total return ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... through improved systems, frameworks, and processes, and further strengthen its risk culture," it said. Macquarie's share price took a hit and started to slide from its $176.47 market close on Tuesday to $170.21 market close on Wednesday. It continued ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
The iShares US Treasury Bond ETF (IUSG) will soon be available to local financial advisers and investors, offering exposure to some of the most liquid securities in the world. Priced at 15 basis points, which according to BlackRock is 25% cheaper than ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... completion comes as abrdn is set to fall out of the FTSE 100 for the second time on the back of outflows and a 12% drop in share price. The fund manager was demoted to the FTSE 250 in August 2022 but had clawed its way back.

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... research analysts based in Singapore and Boston. Janus Henderson said the long-only actively managed fund will aim to capture price inefficiencies across the market-cap spectrum, focusing on outsourcing, convergence, and innovation. It further explained ...