Launches

As with everywhere else on the globe where they’ve been introduced, exchange-traded funds (ETFs) have grown like crazy in Australia.

“We recently cut risk but stick with stocks over bonds for now. Equity prices now reflect much of the worsening macro-outlook and hawkish Fed” were the latest comments from the Blackrock Investment Institute in their weekly research note.

ETF Securities has won the race to list Australia’s first cryptocurrency ETF, ending a long drawn out battle among ETF providers.

ETF Securities and 21Shares have confirmed the launch of Australia’s first Bitcoin and Ethereum exchange-traded funds (ETFs), allowing local investors to invest in both cryptocurrencies. According to a press announcement from ETF Securities, the leading ETF provider will launch two funds offering simple and cost-effective access to cryptocurrency investments. They are: ETFS 21Shares Bitcoin ETF…

“If there’s one thing, I can tell everyone… is that gold is fire insurance, even better, gold is portfolio insurance,” said Ganesh Balendran speaking at The Inside Network’s Equities Symposium. Delivered in a unique technology-driven Pecha Kucha format. Balendran challenged delegates to consider the expanding use cases of ETFs amid a surge in volatility and…

Global investment consultant and support network to the pension fund industry, bfinance, this week released its latest Market Intelligence and Market Trends report, covering the final quarter of 2021. While the world has changed dramatically since the calendar turned over, there are some powerful insights for financial advisers and other asset allocators. According to its…

New York-based ETF provider Global X, with US$40 billion ($53.3 billion) in assets under management across more than 80 products, is preparing to launch in the Australian market, and has announced a huge step in its mission. This week, the ETF provider announced the appointment of Blair Hannon as head of investment strategy of the…

MA Financial, previously known as Moelis, has announced the expansion of its investment suite, pivoting its asset management business into the Chinese market. Named the MA Financial China Fund, the strategy will invest into a portfolio of 70 high-quality Chinese companies and be managed by onshore manager ChinaAMC. ChinaAMC is one the country’s largest asset…

Global fixed income manager PIMCO is launching its first ASX-listed Australian investment trust – The PIMCO Global Income Opportunities Trust (ASX:PMX). The fund aims to deliver regular income and attractive risk-adjusted returns by using PIMCO’s best income-generating ideas on a global sector basis. Here are some of the highlights from the fund: ASX Code –…

Following the Senate inquiry and recommendations into the crypto sector, Australia is fast on its way to becoming a leading digital innovation hub in the world, attracting overseas crypto and digital companies alike. This week, FTX, the world’s fastest-growing crypto exchange, announced plans to launch in Australia within weeks. 30-year-old founder Sam Bankman-Fried sank millions…

The former Wells Fargo Asset Management, a 52-year-old pioneering US fund manager, has targeted Australia and New Zealand in its new incarnation as an independent global firm. Allspring Global Investments’ regional expansion is being led by new regional chief executive, Andy Sowerby. If history is a guide, the rollout of institutional funds management capabilities will…

The Principals’ Community, steered by Kon Costas, has received strong support from the independent advisory community after parting ways with BT Financial Group. The sole purpose of the group is to provide support and guidance to AFSL holders that bar any institutional ownership complications. Costas is delighted with the support, saying: “The feedback and support…