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Showing 961 - 970 of 4539 results for "Dollar"

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... 20% is European and about 20% in emerging markets. The trust only invests in debt denominated in three currencies: the US dollar, the Sterling and the Euro. As a result, the portfolio has no exposure to debt denominated in Turkish Lira which plunged ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  MONDAY, 20 AUG 2018
... heavily reliant on trade - are now bearing the brunt of Trump's protectionist policy and also because most have US dollar-denominated debt, are feeling the heat of the greenback's appreciation as the Fed continues its policy "normalisation" drive. ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ...

Advisers can help democratise philanthropy

KARREN VERGARA  |  FRIDAY, 17 AUG 2018
... control. Millennials believe they don't have to sacrifice returns in order to make an impact in a cause they wish to make a dollar vote for, she said. The data proves this, she said, noting the proliferation of ESG solutions available. "Through proper ...

Entertainment spend retains members: Hostplus

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
The Royal Commission has questioned whether splurging on client entertainment is in the best interest of super fund members. Hostplus chief executive David Elia took to the witness stand on the issues of substantiating corporate expenses and multiple ...

New fund to invest in "clean disruption" tech

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
An investment platform led by former Macquarie bankers has launched a new thematic fund that will invest in listed companies that produce and utilise clean disruption technology. AtlasTrends was founded in 2015. Since then, two of its three funds have ...

Chief economist update: Emerging markets feel the heat as Turkey burns

BENJAMIN ONG  |  TUESDAY, 14 AUG 2018
... has tumbled to a record low peso 29.94/US$1. The Indian rupee is also trading at record lows (rupee 69.93) versus the US dollar and the South African rand - currently exchanging at 14.37 to US$1 - has dropped to two-year lows. There are many more and ...

NAB initially under-reported remediation bill to ASIC

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... not tell Tanzer the bank's estimate for its total compensation bill for the plan service fees. Neither did he put NAB's dollar estimate in writing. Instead Hagger told the ASIC officer that NAB was having board meetings that week, and it was up to the ...

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
Praemium's revenue grew by 22% over the previous year, buoyed by new client wins and funds pouring in from its Australian and international businesses. The managed accounts provider generated $43 million in revenues for the year ending June 2018, up ...

Chief economist update: Turkey's roasted

BENJAMIN ONG  |  MONDAY, 13 AUG 2018
... on steel and aluminium. And down, down, down the Turkish lira went. It dropped to an all-time low of lira 6.3714 per US dollar at the end of last week's trading (10 August) - a 20.3% dive from the previous week's closing of lira 5.0766 and 40.9% ...