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Showing 71 - 80 of 212 results for %22USD%22

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... "To understand super fund performance we need to look at what is happening in these markets. The AUD falling relative to the USD by 8% so far this year also boosts the value of overseas assets, which adds to superannuation fund valuation increases."

J.P. Morgan predicts extended income squeeze

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... markets outside of the US look set to offer higher returns in AUD terms, reflecting stronger expected depreciation in the USD than in other currencies," Craig said. This is the 24th year that J.P. Morgan has released the Long-Term Capital Market Assumptions ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
... Australia by a non-Australian entity, in Australian dollars. VisionFund claims to have provided 16 million loans worth around USD$9 billion over the last 15 years to mostly women in 28 developing nations. It points out that around 1.7 billion adults ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Berhad (1MDB) and laundered that money through the US, Switzerland, Singapore and Luxembourg. The US has now settled to recover USD $700 million (over AUD $1 billion) in assets traceable to corruption involving the sovereign wealth fund. The assets to ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... payment facilities. It's unicorn status was confirmed this year after a successful Series C fundraising round, which reached USD$100 million and sent its value beyond USD$1 billion. Last year the firm underwent a USD$80 million funding round, reportedly ...

Challenger director jumps to global manager

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... assets and associate director at Macquarie Bank. HarbourVest is headquartered in Boston and in the past, has in the past won a USD $50 million private equity mandate from Telstra Super.

Northern Trust tests waters for ETFs

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... have developed in the last four or five years." Globally, Northern Trust's asset management business manages more than USD $1 trillion. Most of this is in passive, liquidity-focused or quantitative strategies with a small amount in fundamental investing ...

Chief economist update: Fed has Trump's trade war number

BENJAMIN ONG  |  MONDAY, 9 SEP 2019
... from trade uncertainty at about $200 billion to U.S. GDP, and $850 billion to global GDP, according to Reuters calculations." USD 200 billion? That's about US$10 billion short of New Zealand's entire economy. US$850 billion buys you Norway and ...

Time to reset member return expectations?

HARRISON WORLEY  |  FRIDAY, 6 SEP 2019
... by the issuance of bonds with negative coupons by several European countries. Meanwhile, global debt sits at 225% of GDP at USD$184 trillion and the RBA cash rate is at a record low of 1%. According to Rice Warner, it all adds up to a "massive global ...

Portfolio manager caught out faking returns

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
... employed by a company referred to as Fund Adviser which provided investment advisory services to private funds including a USD $376 million fund where Rege was one of the many portfolio managers. Rege mispriced the investments of a private fund from ...