News
Australian GDP Growth to Improve: HSBC
Killian Plastow, InvestorDaily Australia’s economy is set to improve as growth rebalances away from the mining sector and in to housing and services, according to HSBC. While business investment has been a drag on the country’s economy, HSBC explained that a pick-up in growth in housing construction, resources and services exports and household consumption has had […]
ETF Providers Cut Fees
Killian Plastow, InvestorDaily BlackRock and Vanguard have both announced fee reductions within their ETF product suites. Speaking to InvestorDaily, BlackRock Australia head of iShares Jon Howie explained the fee change was prompted by changes made to BlackRock’s US ETFs to better meet the new US Department of Labor fiduciary rule. “What’s important to note is that those fee […]
Record Year Ahead for ETP Inflows
Killian Plastow, InvestorDaily Global exchange-traded product inflows for August were $38.9 billion, bringing the year-to-date flows to $213.4 billion – marking a higher pace of growth than in the record-setting 2015, according to BlackRock. The BlackRock Global ETP Landscape report for August showed a third month of inflows for emerging market equity exchange-traded products (ETP), gathering […]
Equities Investors Should Go Global: Lonsec
Killian Plastow, InvestorDaily Investors will need to increase their exposure to global equities in order to meet their investment objectives in the current economic environment, says Lonsec. The company said current performance expectations for Australian equities offer a lower risk and return benefit than global shares, which coupled with the increased diversification benefits made the latter an attractive […]
Brevan Howard, Caxton Expand in Asia Amid Global Hedge Fund Woes
Bei Hu, Klaus Wille, Bloomberg Some of the world’s largest hedge funds are expanding in Asia as they seek new areas of growth amid the industry’s struggles to make money and retain investors. Brevan Howard Asset Management, Caxton Associates and Balyasny Asset Management have incorporated units in Singapore this year, according to filings with the Accounting & […]
It’s Not Just Deutsche. European Banking is Utterly Broken
Jeremy Warner, The Telegraph A little while back I somewhat unwisely penned a column declaring the financial crisis essentially over. All I meant by this was that with the return of full employment and rising living standards, most of the economic wounds of the crisis had healed, at least in the US and the UK. Yet as […]