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Showing 861 - 870 of 4539 results for "Dollar"

ASIC dismisses Royal Commission insider trading reports

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
ASIC has told parliament there was no insider trading around the release of the Royal Commission's final report. This comes after the Labor party suggested insider trading was responsible for bank stocks rising immediately on the back of Kenneth Hayne's ...

APRA warns trustees on expectations

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
In a letter to trustees APRA has clearly outlined expectations following the Royal Commission. The letter, from APRA deputy chairwoman Helen Rowell, said that the Royal Commission was a pivotal point for the financial services sector - including the ...

Chief economist update: A question of when?

BENJAMIN ONG  |  THURSDAY, 28 MAR 2019
... probability in June from just 0.1% a month ago; 14.4% in September from 0.3%; 24.6% in December from 0.8%. The sixty-four million dollar question is when? The lesson from history is that soon... very, very soon. The Fed announced its last interest rate ...

Melbourne boutique hires portfolio manager

KANIKA SOOD  |  WEDNESDAY, 27 MAR 2019
A $2.5 billion Melbourne-based boutique has hired a new portfolio manager from a family office as it builds out its global capability. Ben Wang will work on Jamieson Coote Bonds' Global Bond Fund which opened to Aussie investors earlier this month ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
The Federal Government is committing an extra half a billion dollars to Australia's financial services regulators. Over the weekend, Treasurer Josh Frydenberg announced an extra $550 million would be dedicated to ASIC and APRA in the upcoming Federal ...

VanEck launches hedged version of $520m ETF

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... flows offshore, the hedging decision, which can depend on an investor's risk profile and the level of the Australian dollar, is becoming increasingly important," VanEck managing director and head of APAC Arian Neiron said. "We are listening to what ...

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
Assistant Treasurer Stuart Robert has taken aim at the financial services industry over its "lazy" attitude in dealing with inactive superannuation accounts. Speaking at the Financial Services Council's Life Insurance Conference in Sydney this morning ...

Emerging markets for the win: ABDO

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
... income component in investor portfolios, saying they should seek out currencies that are relatively cheaper to the Aussie dollar. "Currency can be a huge windfall for your portfolio," Campbell said. "The pound is cheap. UK economy has done okay despite ...

Westpoint investors to receive $1.5m

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... claims against insurance money the liquidator had recovered. The recovered amount represents a return of $0.2235 on the dollar against the members' original claim of $6,652,702. According to ASIC, investors have now received a return of around $160 to ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... 1.5% versus the greenback this year to date, still short of reversing the 2.7% appreciation against a strengthening US dollar it notched up in 2018. "...spending being maintained in both the corporate and household sectors"? Retail sales slowed for the ...