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Showing 1 - 10 of 852 results for "US market"

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... 39,000. The S&P 500 bottomed out at 62, today near 5100," he noted. He also recalled the 1973-74 bear market in which the US market lost nearly half its value. Driven by the oil crisis, it followed the resignation of Richard Nixon due to Watergate. During ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... the US]... Each new boutique we do will own the space they're in," Formica said in response to comments that the US market is already well served. Another priority generally is exploring accretive strategic growth opportunities, saying it remains ...

Perpetual weathers $4.3bn in outflows

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
Perpetual experienced $4.3 billion in net outflows, but its total assets under management (AUM) rose 1% to $213.9 billion, buoyed by positive market movements, as detailed in a second quarter FY24 business update. Perpetual chief executive Rob Adams ...

Saxo lowers trading costs

KARREN VERGARA  |  MONDAY, 15 JAN 2024
Trading platform Saxo has overhauled its fee structure so investors can trade for as little as $3. From January 15, investors on Saxo's platform buying and selling Australian equities pay a minimum $3. Competitors such as Stake charges the same ...

Income investors to thrive in 2024: Report

CHLOE WALKER  |  MONDAY, 4 DEC 2023
... US Core Bond Index experienced a significant rise from 1.2% to 5.4%. However, the dividend yield of the Morningstar US Market Index increased only slightly from 1.2% to 1.5% over the same period. According to the report, selecting dividend-paying stocks ...

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
... tolerance and personal preferences." Spaceship chief executive Andrew Moore said the aim is to democratise access to the US market. "Our mission is to transform the way young Aussies think about and invest their money, and this new US Investing service ...

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... career break. Santiago Burridge remains as a director on the board of Lumiant as the fintech aggressively expands in the US market. Lumiant's US chief executive Blake Wood and co-founder Chris Dadej are now co-chief executives as Burridge vacates the ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... that BlackRock wouldn't pursue this venture amid current regulatory uncertainties surrounding cryptocurrency in the US market unless it was confident in its success. "BlackRock really understands the game. They wouldn't launch something like ...

David Lane to leave Perpetual

CASSANDRA BALDINI  |  TUESDAY, 23 MAY 2023
... distribution Americas in Mickey Janvier. Janvier has over 20 years of experience in asset management businesses, focused on the US market. He was previously at abrdn where he most recently led both intermediary and institutional sales teams in the US ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
The investment manager has limited redemption requests from its $103 billion (US$70 billion) real estate income trust following a rise in redemption requests in March. During a month of "tremendous market volatility" and "broad-based financial stress," ...
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