Speaking at the Financial Standard’s forum on the growth of Exchange Traded Products was a panel of three experts, Ganesh Balendran from ETF Securities, Dan Annan CEO of Cosmos Asset Management and William Spraggett distribution partner at 3iQ Digital Asset Management. The three discussed the rapid growth of cryptocurrency in Australia and the trends going forward.
Crypto can’t seem to catch a break, with prices plummeting yet again, as central banks including the RBA, continue hiking rates even higher.
The world is running out of available copper and that is causing copper prices to hit record highs. The copper price hit an all-time high of $4.9375 a tonne, which is a 125 percent rise from its March 2020 lows. It joins the list of essential commodities that have hit record highs since the pandemic began and there are several factors all contributing to its rise.
From its infancy to now, the Exchange Traded Products (ETP) market has been growing exponentially, with 2021 becoming a record year for flows despite the COVID-19 pandemic. What started with about 126 products, has quickly grown to more than 266 products in the Australian market alone.
A 50bps interest rate hike by the RBA wasn’t what anyone was expecting. It takes the cash rate to 85bps – well ahead of most economists’ expectations. What are the knock-on effects?
With less than a month remaining, EOFY is fast approaching and for financial advisers, it’s the most stressful time of the year. In under a month, things can turn from calm to overwhelming, at the blink of an eye.
Both the Australian and US markets have seen a modest rebound towards the end of the week, however, it’s a little too early to say whether the sell-off is over. This week brokers have issued a series of upgrades and Buy recommendations.
Shanghai re-opened on Friday, as it tries to return to business after being in lockdown for two months. The city’s 25 million residents will be celebrating as restrictions are lifted allowing free movement, return to work and a sense of normality as officials claim to have the virus under control. Residents have grown extremely frustrated…
This year’s Financial Review Rich List was once led by the mining magnates, Gina Rinehart and Andrew ‘Twiggy’ Forrest together with Atlassian tech duo Mike Cannon-Brookes and Scott Farquhar. The Pratts and Canva duo Melanie Perkins & Cliff Obrecht continued their dominance despite falling venture capital valuations. The list isn’t all that different from last…
Thanks to the rapid uptake in ‘green’ ESG funds by the wholesale and retail investment community, growth in clean and renewable energy is starting to bend the emissions curve. Yes, progress is being made; but nowhere near the required rate to prevent global temperatures from rising past a safe limit of 1.5 degrees Celsius. Far…
