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17 June 2024 • By Jessica Penny • 1 min read

Rise of ‘nontraditional’ reserve currencies challenge US dominance

While the dollar maintains a dominant share in foreign exchange reserves, it continues to cede ground to currencies outside of the “big four”

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ART sees departure of chief people officer

Helen Jackson is set to step down as chief people officer at Australia’s second-largest superannuation fund. She joined Australian Retirement Trust ...

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Betashares secures $300m investment for expansion

The proceeds are anticipated to fuel Betashares’ continued expansion, both within Australia and internationally. Singapore-based Temasek will ...

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ASX set to debut its first bitcoin ETF this week

VanEck, while not the pioneer, has taken the lead by launching the first bitcoin ETF on the ASX. On 20 June, the VanEck Bitcoin ETF (ASX: VBTC) is ...

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Rate cuts off for 2024, analysts anticipate hawkish RBA tone

The Reserve Bank of Australia is broadly expected to maintain its key policy rate for the fifth consecutive meeting, with a growing number of analysts ...

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Today’s markets are a vast improvement over dotcom era, argues strategist

While some investors remain wary of expanding multiples and the current AI rally, an investment strategist believes there are positive factors being ...

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ASIC hopes to elevate regulatory outcomes with digital drive

ASIC aims to evolve into a “leading” regulator empowered by digital capabilities and data insights, minimising reliance on human intuition and ...

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Investment opportunities abound in Asian infrastructure landscape

Despite persistent global political and economic headwinds, the appeal of quality infrastructure projects in certain Asian countries persists, a ...

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Where fixed income managers are seeking opportunities

Against the backdrop of subdued global growth, fund managers have outlined significant asset allocation exposures, both within Australia and in the ...

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ETFs highlight investor interest in alternative assets, driving market performance

ETFs offering exposure to alternative assets drove market performance last month, indicating increased investor interest. Following a slight dip ...

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