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Showing 251 - 260 of 2038 results for currency

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... expected to list on the ASX in February. The ETF will hold a portfolio of EM debt securities, denominated in their local currency as well as US dollars. It is targeting 5% per year in target yield and will make monthly distributions. VanEck has set the ...

Netwealth to tap growing HNW demand

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
... a range of services that aren't generally available in the industry, such as bonds, international trading with multi-currency trading, and IM funds," he added. Heine said it was important for Netwealth to be able to offer a specific product for wholesale ...

Former Wells Fargo chief banned for life

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... accounts scandal that has continued to rock the world's fourth largest bank since 2016. The Office of the Comptroller of the Currency (OCC) has also charged five former Wells Fargo executives over their role in the bank's "systematic sales practice misconduct" ...

Technology to transform coming decades

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... changes such as real time transactions and new forms of value store, which radically differ from the existing form of fiat currency. "We will also see artificial intelligence embedded within financial services in ways we cannot yet image. What is certain ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... its forecasts for the Eurozone to 1.1% in 2019 (0.2 pps lower than the June prediction) and sees growth in the single currency region slowing to 1.8% in 2020 and 1.7% in 2021 - both raised by 0.1 pps. The World Bank report was a bit kinder on Japan ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... until all risks and regulatory requirements have been addressed." Libra is set to launch sometime this year, however the currency and network do not yet exist. Other than Facebook, notable Libra backers include Calibra, Uber, Spotify and Vodafone, however ...

VanEck changes ETF portfolios

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... Australia) that own real estate assets and derive > 70% of their EBITDA from rental income," an announcement read. "REIT is currency hedged, which Lonsec believes is appropriate for income distributions. REIT has a management cost of 0.43% p.a., lower ...

Industry fund awards mandates

KANIKA SOOD  |  TUESDAY, 17 DEC 2019
... million. Australian Catholic Superannuation and Retirement Fund has made an allocation to emerging market debt in hard currency. The managers winning the allocation are Ashmore Group and PGIM, who were chosen from 38 managers that applied in the request ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
... agricultural goods. Deal also includes Chinese concessions on IP protections and forced tech transfers, and also involves currency and financial-services provisions. "Enforcement mechanism an escalating chain of panels, with the US considering tariffs ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... below zero in 2015. Denmark, Sweden and Switzerland followed the ECB with negative rates policies to help stem excessive currency appreciation of their own currencies against the euro." But to extrapolate this into: "If the ECB cannot get to positive ...