Insights
RBA Cuts Cash Rate to Record Low of 1%
SBS The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012. The market had largely priced in a second straight 0.25 percentage point cut after RBA Governor Philip Lowe […]
ETF Investors Flock to Fixed Income
InvestorDaily The first quarter saw global ETF investors rush into fixed income at the expense of equities, according to a BetaShares report. The ‘Quarterly Global ETF Review Q1 2019’ reported that the worldwide ETF industry ended the March quarter at a high of $7.7 trillion in assets under management, posting a quarterly growth rate of […]
Fidelity Launches Sustainability Ratings
InvestorDaily Fidelity International has enhanced its global research capabilities with the launch of its proprietary sustainability ratings. The sustainability ratings will leverage Fidelity’s research capabilities and will be comprised of its equities and fixed income coverage. It will assist the management teams in providing a forward-looking evaluation of the company’s focus and ESG-related issues trajectory. […]
New ASX Trading Platform Launched
InvestorDaily OpenMarkets Australia has launched a new trading platform to meet the needs of self-directed investors and advisers wanting fast, low-cost online tools. OpenMarkets Equix is the new platform by digital ASX trading platform OpenMarkets Australia and is designed to offer a fast, low-cost online solution for trading and investing in Australian securities. Clients will […]
Major Banks Delaying Open Banking
InvestorDaily One fintech leader has suggested that the open banking delay will continue due to the major banks not wanting to face the challenge. Andy Taylor, chief executive of fintech Douugh, has said that major banks are bogged down by legacy systems, which was part of the challenge, but the skeptic in him had another […]
Could lack of clarity on ESG be holding back climate change progress?
InvestorDaily The issue of climate change has taken centre stage, dominating discussions at every level of society, from communities to the boardroom and politics. Through the lens of the natural environment, individuals and businesses have become much more conscious of their carbon footprint. It is imperative, however, that the lens of financial risk supported by […]