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Showing 201 - 210 of 2038 results for currency

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... Arrangements, particularly foreign exchange hedging and the Investment Manager Regime, as well as an expansion of functional currency election to certain trusts and partnerships. The FSC also recommended an overhaul of legacy technology systems, urging ...

GAM records $19bn in outflows

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... outflows were seen in Q1 and slowed in Q2 to come in at $18.93 billion for the first half, including $5.96 billion in currency movements. GAM saw a reduction in overall costs of at least $99 million as a result of its ongoing efficiency programme, which ...

Former BNY Mellon IM country head joins Westpac

KANIKA SOOD  |  TUESDAY, 4 AUG 2020
... for New South Wales and Victoria. The global investment services sources, selects and monitors multi-asset and multi-currency investments for high net worth clients of Westpac's private wealth and business division. "Phil has over 25 years' experience ...

Gold rally continues to hit new highs

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... centre - the hedge against monetization of expanding deficits, exploding central bank balance sheets, debasement of fiat currency, and yield curve control," Creagh said. "In other words, a store of value outside of a world mired by central bank largesse. ...

Chief economist update: Gold 2000

BENJAMIN ONG  |  WEDNESDAY, 29 JUL 2020
... ascent in gold prices were rational. Massive amounts of money printing are debasing currencies. When faith in the fiat currency is lost, hard commodities, especially gold, provide a safer haven. So much so that even central banks are loading up (or plan ...

Pension funds apply pressure on climate change

ELIZABETH MCARTHUR  |  THURSDAY, 23 JUL 2020
... livelihoods of tens of millions of people across the country." The message was sent to the Federal Reserve, Comptroller of the Currency, Federal Deposit Insurance Corporation, the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission ...

Super fund COVID-19 requirements to remain

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... release scheme (ERS) on superannuation licensee and provides insight into member switching, investment options, foreign currency exposure and hedging. The first PDC submission is due July 31 and captures the data from April, May and June. Following this ...

Chief economist update: US-China tensions escalate

BENJAMIN ONG  |  THURSDAY, 23 JUL 2020
... could be because the rest of the world had become conditioned to the expanding Beijing-Washington rift - from trade, to currency, recently Hong Kong and now, cyberespionage. It could be because the world has a much bigger small coronavirus to fry. US ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... the day, the broader Stoxx 600 rallied by as much as 1.3% and closed at its highest level since early March. The euro currency surged to US$1.15 for the first time since January 2019. It's still a long way away from the EU having a central fiscal ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... significant gains during the quarter, it said, with FX, local rates, and sovereign and corporate credit spreads rallying. Local-currency sovereign debt lifted 9.8% during the quarter, while external sovereign debt pushed 12.3% higher thanks to the compression ...