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Showing 81 - 90 of 3519 results for "NAS"

Connectus acquires fifth practice

KARREN VERGARA  |  WEDNESDAY, 30 JUN 2021
Global financial advice firm Connectus Wealth Advisers continues its Australian expansion strategy, announcing it will acquire its fifth wealth management firm in less than a year. Connectus has entered into a definitive agreement to acquire New South ...

Index fund tops risk-adjusted rankings

KARREN VERGARA  |  WEDNESDAY, 16 JUN 2021
An index fund beat out active fund managers in the latest RMetrics rankings, topping the list based on returns and risk-adjusted measures. BetaShares' NASDAQ 100 ETF (NDQ) took first place in the latest Rainmaker's latest RMetrics Managed Funds ...

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
The son of Rupert Murdoch has filed papers to launch a US$300 million blank cheque company, which will focus on investing in Asia. James Murdoch, the younger son of Rupert Murdoch and former chief executive of 21 st Century Fox, is working with Uday ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
OpenMarkets has made a series of senior appointments as it prepares for an initial public offering. Naseema Sparks has been appointed chair, Andrew Rutherford and Paul Rayson are new non-executive directors and Bob Alexander is now executive director ...

Queensland advice firm joins Connectus

KANIKA SOOD  |  THURSDAY, 29 APR 2021
NASDAQ listed Focus Financial Partners has added a Queensland advice firm to its advice multi-boutique network Connectus. Aspiri Financial Services Group will join Connectus, which in December 2020 acquired S ydney's Brady & Associates Group, Melbourne's ...

UBS adds fixed income portfolio manager

KANIKA SOOD  |  TUESDAY, 27 APR 2021
UBS Asset Management has hired an HSBC rates and foreign exchange strategist as a portfolio manager. Tom Nash spent 10 years at HSBC in Australia and London, where he was primarily responsible for HSBC's strategy on rates and foreign exchange for ...

Fidelity portfolio manager resigns

KANIKA SOOD  |  FRIDAY, 23 APR 2021
The lead portfolio manager for Fidelity's top-performing $724 million emerging markets fund has resigned. Alex Duffy will leave the role on May 28. Replacing Duffy, Fidelity has appointed Singapore-based Amit Goel as the lead portfolio manager and London-based ...

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%. The financial literati were ...

MSCI launches life sciences indices

KARREN VERGARA  |  THURSDAY, 22 APR 2021
MSCI is launching a set of indices that target megatrends and innovation in the biotechnology and pharmaceutical industries. The partnership with Nasdaq-listed Royalty Pharma will measure the performance of companies focused on delivering new and innovative ...