Saxo, Sharesight launch institutional reporting service
[ad_1] The service, integrated via an open API, will allow Saxo’s Australian clients to easily create aggregate trade reports. Through the solution, investors will be able to receive customized reports for both performance tracking and tax reporting purposes, including capital…
Australia would be “particularly vulnerable” to a Trump presidency
[ad_1] As the probability of a Trump victory in the November election remains high, concerns are growing about the potential impacts on economic policies and market stability, explained Shane Oliver, AMP’s chief economist in his latest market note. He highlighted…
SEC approval of Ethereum ETF kicks off the latest crypto event
[ad_1] The US Securities and Exchange Commission (SEC) has given its final approval to a spot Ethereum ETF, marking a “significant milestone” for the world’s second-largest cryptocurrency. In May, the SEC approved the first stage of 19b-4 filings, which set…
Can AMP save financial advice?
[ad_1] When AMP announced its new advice strategy last month, including a significant cut in practice values, the news was met with anger and disappointment from a significant group of its advisers. But unlike its main banking rivals, the group…
Perpetual reports largest outflows in Q4
[ad_1] Perpetual reported outflows of $8.9 billion in the three months to June 30. In a quarterly update, the firm said total assets under management were $215 billion, up from $227 billion at the end of March. “This was primarily…
A platform for introducing OTC derivatives to the blockchain
[ad_1] Lira is a domain-specific language that can be used to write OTC financial contracts for assets currently on the ethereum blockchain, eToro said in a statement. He said the language is both secure and easy to program, while ensuring…
Global fixed income instruments dominate domestic fund launches as investor preferences change
[ad_1] According to Equity Trustees, this was followed by 18 new Australian equity funds, 16 alternative funds and 13 funds each in global equities, domestic real assets and Australian fixed income funds (13 each). With Equity Trustees launching just 10…
FinPal announces merger and rebrand
[ad_1] Both FinPal and MiiiA provide technology solutions for financial services businesses that use Microsoft’s business applications and cloud platform, including Dynamics 365, Power BI, Azure and PowerApps. FinPal founder and CEO Stephen Handley said the two businesses share a…
Higher rates put the “income” back into fixed income, the fund manager says
[ad_1] The rapid rise in global interest rates in 2022. and 2023 increased market volatility and unsettled traditional investments in stocks and bonds. In response, investors have increasingly gravitated toward fixed income ETFs, attracted by their cost efficiency and stable…
What could a Harris presidency mean for markets?
[ad_1] U.S. President Joe Biden’s recent decision not to run for re-election in November, instead endorsing Vice President Kamala Harris for the Democratic vote, is likely to have markets scrutinizing the new presumptive candidate’s priorities in the coming weeks, according…