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Showing 891 - 900 of 6536 results for "Exchange"

CommSec adds general manager

JAMIE WILLIAMSON  |  THURSDAY, 3 SEP 2020
... execution function, equity capital markets, and the distribution of the margin lending offering, international equities and exchange traded options for CommSec." Smoker replaces Brian Phelps who departed in May of this year, capping off 21 years with ...

NPS buffers COVID-19 shocks

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... driven by interest and dividend income, as well as foreign currency translation gains from an increase in the USD-KRW exchange rate. NPS is the world's third largest pension fund with KRW752.2 trillion ($859bn) assets under management. Since it was ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... "extent and duration of the pandemic" caveats on their forecasts - and the global economy is in recession. The A$/US$ exchange rate ended the month of August at US$0.7396 - the highest since late 2018, a 5.2% appreciation from the start of 2020 and a ...

Fake pastor herds believers into Ponzi scheme

ELIZABETH MCARTHUR  |  MONDAY, 31 AUG 2020
... been charged over a Ponzi scheme that targeted African immigrants, particularly those of faith. The US Securities and Exchange Commission (SEC) charged two companies based in Maryland for the scheme that allegedly defrauded 1200 investors out of more ...

Vanguard leaves Hong Kong, Japan for Shanghai

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
Vanguard has announced it is exiting its exchange traded fund (ETF) businesses from Hong Kong and Japan to focus on retail clients in mainland China as the two offshore operations did not have "significant scale". The ETF provider said in a statement ...

Citi hires new banking, wealth lead

ALLY SELBY  |  WEDNESDAY, 26 AUG 2020
... market-leading access to competitive products and insight." The bank also reported it had had a record year in bonds and foreign exchange, with a 44% increase in bond trading volumes and a 67% increase in FX trading volumes in the first quarter of 2020. ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... offering scams to investors but ended up dropping crypto markets by hundreds of billions of dollars and leading crypto exchange volumes to drop by 60-90%. Facebook loosened its ban by allowing advertising for blockchain and educational content relating ...

ESG crisis returns overcooked: Research

KANIKA SOOD  |  MONDAY, 24 AUG 2020
... said. In August, Morningstar's Global Sustainable Fund Flows report examined 3432 sustainable open-end funds and exchange-traded funds (ETFs) across the globe in the second quarter of 2020, and found that sustainable funds outperformed following ...

Unmet advice needs increases for SMSF trustees

ANNABELLE DICKSON  |  THURSDAY, 20 AUG 2020
... listed investments while allocation towards cash and fixed income account for a fifth of new inflows. Adviser use of exchange traded funds (ETFs) is up 4% from 2019 to 16% while flows to managed accounts remained steady at 9%. But advisers expect flows ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... Jamieson said. "It is hedged back to AUD and we are very tight to hedge. [We are] not expecting to utilise the foreign exchange as a primary return driver because that would add volatility." He said the government-backed instruments the fund invests ...