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Showing 1 - 10 of 918 results for "In China"

Global X launches new gold ETF

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... said the price of gold has been driven up to record highs recently, largely driven by central bank buying particularly in China as it aims to diversify its reserves away from the US dollar. "China has seen gold buying increase more broadly as investors ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA  |  MONDAY, 15 APR 2024
... focused on five areas: banking, platforms, advice, superannuation and investments, New Zealand, and strategic partnerships in China. The banking unit recently delivered net profit after tax of $93 million, reflecting the challenging environment that ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... ranking in just four out of seven markets, and experiencing "stiff competition" from homegrown managers, particularly in China. "Chinese markets are shunning global firms just as quickly as they took up with them," the report said. The remaining top ...

Threats outside the Australian financial system build: RBA

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... macro-financial vulnerabilities, that could spill over to Australia. "The key channels of transmission of financial stress in China to Australia would likely be via a slowing in global economic activity, lower global commodity prices and reduced Chinese ...

The tide is turning for North Asian equity markets: Maple-Brown Abbott

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
... price-to-book and some ~69% of all companies currently listed trading below book value (versus ~47% in Japan)," Main and Ho said. In China, the first signs of reform started in January 2023, when the state assets regulator (SASAC) announced the introduction ...

Family offices choose private credit: Survey

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... spread option strategy to maintain some exposure if they are reducing their direct cash exposures to public equities in China at current valuations." The survey interviewed 75 respondents in December 2023. Chief investment officers located in APAC accounted ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... achievements. She was also previously a managing director for UBS, leading and managing their wealth management business in China and held senior roles in BlackRock Asia. She comes to Grok from SieraCo, where she was a partner. Grok has identified decarbonisation ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
... Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China Life AMP Asset Management Company Limited (CLAMP). Once this process is finished, AMP will receive the remaining $50 million ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... restrictions. Furthermore, though China's reopening might not have propped up commodity prices, fiscal stimulus, if deployed in China, could provide some support in 2023," Smith said. "Energy prices have fallen 45% from their peak in mid-2022 and ...

Co-heads take charge of FI&C at BNP Paribas APAC

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... lines for Australia and New Zealand. Previously, Kerdoncuff led the growth of the bank's Securities Services business in China and has held multiple global positions. He reports to Daniel Cheever, the head of Australia and New Zealand, and Philippe Tassin ...
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