The Fed’s policy change sends ripples through the crypto market
[ad_1] Last week, US Federal Reserve Chairman Jerome Powell indicated that “the time has come” to ease monetary policy, but confirmed that interest rate cuts are on the horizon in September. “The direction of travel is clear and the timing…
How $100 billion changes are changing the Future Fund’s investment strategy
[ad_1] Speaking on a recent podcast hosted by Bridgewater Associates, Future Fund Chief Investment Officer Ben Samild detailed the fund’s approach to the more inflationary environment, the changed growth dynamics and the different levels of risk associated with different countries….
Perpetual’s deal with KKR has come under scrutiny amid falling share prices
[ad_1] Earlier this year it was announced that Perpetual would sell its corporate trust and wealth management business to KKR, leaving behind the asset management division. The firm has since entered into a scheme of arrangement under which KKR will…
Gold shines as a portfolio diversifier in commodity-rich countries like Australia, an expert says
[ad_1] For Shaokai Fan, head of APAC ex-China at the World Gold Council (WGC), gold stands out as a portfolio diversifier, particularly for Australian investors. Speaking to InvestorDaily, Phan explained that unlike other commodities, gold’s performance is not closely linked…
Faith in private markets unshaken after AusSuper’s $1.1bn hit
[ad_1] In August, Australia’s biggest super fund was reported to have written off a $1.1 billion investment in Pluralsight after the latter entered restructuring following a sharp decline amid rising interest rates and increasing market competition. Speaking to InvestorDaily, AltX…
ASX earnings are weak overall, but consumer stocks offer hope
[ad_1] Although overall results were slightly weaker than usual, they were not as dire as feared, AMP’s chief economist, Shane Oliver, said in a recent update. Profits for the latest financial year fell 4.3%, beating the initial consensus of a…
VanEck to launch global hedge ETF on ASX
[ad_1] VanEck has announced the upcoming launch of a new ETF on the ASX, the VanEck Global Defense ETF (ASX: DFND). InvestorDaily understands that the ETF is due to launch on September 12. In a brief market update this week,…
Australian investors face TradFi hurdle despite strong crypto adoption
[ad_1] Recent data from New Zealand-based exchange Easy Crypto has revealed that Australian investors are outpacing their global counterparts in terms of cryptocurrency ownership, with one in five adults currently or previously owning crypto. Compared to the estimated global crypto…
Government and opposition clash ahead of worrying GDP update
[ad_1] Shadow Chancellor of the Exchequer Jane Hume has said Treasurer Jim Chalmers is waging war on the Reserve Bank of Australia (RBA) after the treasurer recently said the RBA and its high interest rates were “breaking the economy”. “With…
Is Australian CRED entering its ‘golden age’?
[ad_1] According to investment executives, Australia’s commercial real estate debt (ACRED) market is witnessing significant growth, driven by a combination of factors such as regulatory changes and growing investor interest. The ACRED sector is said to be valued at around…