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Showing 1 - 10 of 5586 results for %22Australia benchmark%22

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... income, global credit, equity income, and emerging companies units will close. "We have looked across our business in Australia to ensure each of our investment capabilities has sufficient client demand to be commercially material and sustainable," FSI ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... status quo - the current performance test methodology - with consideration of minor amendments," Vanguard said. Vanguard Australia head of Australian public policy Sara Dix said the firm supports the current performance test and principles set out by ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
Russell Investments has launched its first multi-strategy exchange-traded fund (ETF) in Australia, offering investors access to an actively managed portfolio of international shares with a focus on environmental, social and governance (ESG) considerations. ...

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... market is slightly overvalued following a strong rally, according to Morningstar's Q2 2024 outlook. The S&P/ASX 200 benchmark has climbed about 15% from its October 2023 lows to hover around 7800, signalling what Morningstar called a "modest overvaluation" ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Forager Australian Shares Fund (FOR) is set to delist from the ASX after facing continuous limited liquidity issues and persistently trading below its net asset value. The listed investment trust (LIT) is set to delist on June 14, with trades suspending ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... $18 million hit to revenue. One large client told the fund manager that it intends to rebalance its exposure away from benchmark agnostic global equity managers. "As such, we do not expect the account to close but rather to see a reduction in mandate ...

Australian Ethical eyes small caps as play for advisers

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024
... overweighing them in its flagship Australian Share fund, which achieved a 10-year return of 10.8% compared to the 8.3% benchmark. Its Emerging Companies fund, which invests in small caps, achieved a 12.6% return since inception, beating the 6.9% benchmark. ...

US Federal Reserve eyes multiple interest rate cuts this year

ELIZA BAVIN  |  THURSDAY, 21 MAR 2024
... a more market friendly Fed decision," Shah said. Whether a rate cut in the US would be cause for the Reserve Bank of Australia (RBA) to follow suit has economists split. In the latest Finder Cash Rate Survey, when asked if rates cuts from the Fed would ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... first to launch a definitive suite of digital asset indexes with its flagship Bitcoin & Ethereum Benchmark Rates." In Australia, VanEck has been engaged with bringing a spot Bitcoin ETF to the ASX since early 2021. It was the first fund manager to work ...

Morningstar equities research lead departs

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... its value. Driven by the oil crisis, it followed the resignation of Richard Nixon due to Watergate. During this time Australia's Southern Cross won the America's Cup, and it was a great time to be an Aussie in the US, Warnes said. He said this period ...
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