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Showing 941 - 950 of 6694 results for "Securities"

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... moderately exceed 2% for some time." "In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month until substantial ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... $31.3 million in the year ending September, followed by VanEck ($17.1 million), State Street ($15.1 million) and ETF Securities ($10.1 million). Many ETF issuers have businesses and revenue streams outside of ASX listed ETFs, for example via unlisted ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... to serve as sub-custodian in Australia and New Zealand for a large European firm. Clearstream appointed BNP Paribas Securities Services to provide local sub-custody services. Clearstream currently has a partnership with BNP Paribas Securities Services ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
ETF Securities has closed two of its exchange traded funds after failing to reach sufficient size. The ETF Securities Global Core Infrastructure ETF (CORE) and the Enhanced USD Cash ETF (ZUSD) will be terminated after the last day of trading on 29 January ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... now offering the remaining shareholders of EPI 69 cents per share, split as 30 cents per EP1 share and two stapled securities in 360 Capital for every five EP1 shares minus the dividends paid after today. This is 13% higher than its original offer of ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...

Hedge fund switched traders with algorithm

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... US$170 million for replacing its traders with an algorithm that drastically underperformed. An investigation by the US Securities Exchange Commission found UK-based BlueCrest Capital Management omitted critical information from investors where it shifted ...

Citi appoints head of fund services for Australian product

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... third-largest local custodian has appointed a former RBC executive as its Australia product head of fund services within the securities services team. Justin Burman is moving into the role as Citi Australia continues to transition custody clients from ...

Tourmaline hires two leads, expands footprint

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... named Yuki Shimada as director of Asia Pacific trading. He was most recently a senior equities trader at CBRE Clarion Securities, a global investment manager specialising in listed real assets, where he spent the past decade overseeing all Asian trading. ...

ASIC takes iSignthis to court

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
... iSignthis is currently suing the ASX for keeping the company "unlawfully" suspended. It has been suspended from the securities exchange for the past six months. Following this, iSignthis made a 12.96% "strategic investment" in the National Stock Exchange ...