Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 626 results for "Derivatives"

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... margin rules obligations, which require financial institutions to post collateral to back up their non-cleared OTC derivatives trades in order to mitigate counterparty risk. The mandate compliments the existing relationship between UniSuper and BNP Paribas ...

Wheelhouse repositions global equity fund

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2023
... changed. The fund invests in global listed equities, either in direct equities, ETFs and other index exposures, and derivatives, cash, currency, and options. It charges 0.89% p.a. in management fees. The fund is primarily a defensive, low volatility ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... and distribution obligations (DDO). The newly published Report 770 Design and distribution obligations: Retail OTC derivatives found that most issuers produce deficient TMDs and fail to meet DDO. Based on its findings, ASIC warned that it will not hesitate ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... and related securities services for cross-border transactions involving domestic and international bonds, equities, derivatives, and investment funds. NZ Super Fund head of direct investments Will Goodwin said the transaction provided a rare opportunity ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... The loss was attributed to Barrenjoey largely completing the build out of its business lines, namely fixed income derivatives, equity financing, and private capital. "Barrenjoey continued its focus on growing market share and diversifying revenues during ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... advising for 34 years after an investigation found, among other violations, that he misappropriated funds and dealt in derivatives without the proper authorisations. Donald James Cuthbertson, the founder and director of Professional Wealth Management ...

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... the significance of adhering to DDO. "That, of course, will protect other investors from exposure to these high-risk derivatives," Court said. She labelled CFDs as "high-risk, complex and volatile investment products." "ASIC has long had concerns about ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... applied. Meanwhile, the market maker exemption would apply to those providing services that involve making a market for derivatives that are able to be traded on a specified licensed market. Those who use this exemption must also comply with the rules ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... that until 12 July 2024 the company may provide limited financial services that relate to the termination of existing derivatives with clients. It added the cancellation has no effect on requirements for FTX Australia to continue as a member of the Australian ...

Bentham opens fund to retail investors

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
... bonds, global syndicated loans, investment-grade securities, global capital securities, asset-backed securities and derivatives. Today, the fund manages over $500 million in funds under management (FUM) with positive returns recorded over past five years. ...