Crypto ETFs fall flat as investors shy away
Four weeks on from their much anticipated launch, the country’s first listed cryptocurrency funds are struggling to attract investors amid volatility and negative sentiment.
Matt Bell
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$4bn VicRoads deadline looms
The consortium led by Macquarie Asset Management is emphasising its experience with binding proposals for the asset due Wednesday.
ASX dives to worst week since 2020 as banks fall
Real estate and energy stocks lead widespread falls on the ASX. Xero among the few gainers, banks extend retreat, Blackstone clears Crown hurdle and Atlas rejects IFM.
ASX dives 1.4pc; BHP, Westpac, CBA hit
ASX drops to a one-month low on miners and banks. Magellan rises on Douglass return, Crown gains on Blackstone nod, Westpac tumbles on UBS downgrade and travel stocks fall.
ASX gains 0.4pc; Atlas, Boral soars as banks dive
ASX higher as energy and utilities stocks offset falls among the banks. Alinta flags $20bn coal hit, Westpac hits four-month low, Atlas soars on IFM raid and Uniti bid vote set.
ASX dives on rate hike; tech, real estate hardest hit
ASX suffers biggest fall in three weeks after RBA’s larger than expected rate hike. Zip plunges, Magellan rebounds, Yancoal rejects ‘lowball’ bid and Consumer confidence dives.
Former Humm chair Abercrombie lifts stake in company
Andrew Abercrombie has raised his stake in Humm to 20.7pc as he ramps up attack on chairman Christine Christian over plans to sell part of the business to Latitude Financial.
Magellan fund outflows hit $30bn in five months
The high-profile money manager’s shares have slumped after another month of outflows as instability continues following the departure of star stockpicker Hamish Douglass.
ASX falls 0.5pc; Magellan, Tyro, Appen slump
ASX declines on tech and communication stocks. Magellan plunges on fund hit, Tabcorp jumps on Qld deal, Rex hits back at unions, energy rally continues and petrol to hit $2.25.
Humm chair says largest investor ‘stringing shareholders along’
The board split at the company over whether to offload its consumer finance business to Latitude has worsened.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/95