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Showing 921 - 930 of 2143 results for "AUD"

Elon Musk steps down as Tesla chair

KANIKA SOOD  |  TUESDAY, 2 OCT 2018
... said. "If the company meets its production targets in the next year, it could become profitable." For Aussie investors, the AUD-USD spreads add a positive tailwind for holding Tesla Inc. "The Australian dollar has depreciated [against] the US dollar ...

Boutique manager expands research team

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
... inception, class A (base fee option of 1.5%) has returned 11.2% which is 0.2% above the benchmark MSCI AC World Accum Index (AUD). Class B (performance fee option, 1.10% plus 15% of excess returns over benchmark with a high watermark) has returned 2.3% ...

J.P. Morgan expands derivatives clearing

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... has become the first over the counter (OTC) clearing participant to launch an agency clearing service through the ASX for AUD and NZD denominated derivatives. The clearing broker's Australian-domiciled clients will now be able to keep all of their AUD ...

University students to run hedge fund

KANIKA SOOD  |  MONDAY, 17 SEP 2018
An industry-backed hedge fund has launched at the University of New South Wales, where students will run a concentrated long-short portfolio of ASX 300 stocks with ESG filters. Alternative Investment Management Association (AIMA) general manager Michael ...

Industry fund chair retires

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
The chair of a $2.5 billion industry superannuation fund is retiring following about 20 years as a board director. AvSuper Fund chair George Fishlock will retire at the end of January 2019, having led the fund's board since 2003. Having worked as an ...

SMSFA questions three-year audits

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
The SMSF Association has cast doubts over the proposed three-year audit cycle for some self-managed super funds, stating the change may "undermine" the integrity of the sector. SMSFA chief executive John Maroney said the shift to three-year audits would ...

Former Mercer director joins MGP

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
Managed Account Holdings has added a superannuation law expert to its board as it gears up to acquire an existing Registrable Superannuation Entity. Most recently the director of Mercer's boutique legal practice Mercer Legal, Pamela McAlister has ...

Global asset manager launches smart beta indices

KANIKA SOOD  |  MONDAY, 27 AUG 2018
... volatility multifactor, value multifactor, quality multifactor, momentum multifactor and small size multifactor). The five AUD-denominated indices are the Australian Equity TR index (ESG multifactor and low volatility multifactor) the and global equity ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... significant exposure to Australia. "The [high-yield bond] market is not very big in Australia and local companies issue bonds in AUD that may be unrated by the big rating houses," he said. "We have invested in Australian companies before. An example ...

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
SMSF Association executives addressed the regulatory hurdles facing the industry at the Sydney leg of this year's SMSF Association Technical Day. Speaking to the crowded room of SMSF professionals, SMSF Association chief executive John Maroney highlighted ...