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Showing 81 - 90 of 212 results for "USD"

Sovereign investors go back to fixed income

KANIKA SOOD  |  TUESDAY, 9 JUL 2019
... ahead with 27% saying they will increase allocations to it over the next 12 months, which Invesco expects to be taken from USD, EUR and GBP. Nearly one third of sovereign investors decreased allocations to Europe in 2018 and a similar number are planning ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... continue to be committed to providing investors with fully-transparent updates as to our funds' holdings." The firm had USD $32.5 billion under management as of December 2018. Following the illiquidity concerns, investors pulled out billions from ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
State Street has paid more than $125 million to settle charges for adding undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities ...

Asset manager eyes Australian market

KANIKA SOOD  |  TUESDAY, 25 JUN 2019
... for its high yield fund. Moneda Asset Management is the largest dedicated investor in Latin American high yield debt with USD$2.8 billion invested in the strategy, Brookvine said. It is opening the Moneda Latin American Corporate Debt Fund to Australian ...

Investment giant appoints global insto lead

HARRISON WORLEY  |  WEDNESDAY, 12 JUN 2019
The USD$1.2 trillion asset management business of one of the world's largest insurance providers has named its new institutional relationships lead. PGIM appointed Cameron Lochhead as the global head of its institutional relationship group to take a ...

Global manager welcomes former CFSGAM head

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2019
... strengthening our existing relationships with them," he said. Founded in 1924 and headquartered in Boston, MFS manages about USD$485.5 billion.

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... Australian economy. Wait, there's more! Note the Aussie dollar's depreciation has eased from down 2.3% versus the USD and down 1.7% on the TWI in late May to just minus 1.2% and minus 1.0%, respectively, to date. This is because US interest rate ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
... exchange market was the eighth largest in the world and the Australian dollar was the fifth most traded currency - the AUD/USD was the fourth most traded currency pair.

Major US exchange to stop listing bitcoin

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... the possibility of adding other cryptocurrency derivatives. In a March update, Cboe said: "CFE is not adding a Cboe Bitcoin (USD) ("XBT") futures contract for trading in March 2019." "CFE is assessing its approach with respect to how it plans to continue ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
... that the "the likelihood of the next move in interest rates is up rather than down." The AUD was depreciating against the USD (down by 10% in 2018) and in trade weighted terms (down by 6.5%). This, in other words, is a de facto monetary policy easing. ...