Aussie dollar way too cheap – BT boss

Even a bearish view on the prospects for continued growth in Asia would see fair value for the Australian dollar at US75c or higher, according to Dirk Morris, a currency expert and chief executive of BT Investment Management who was at the Reserve Bank when the Australian dollar floated in 1983.

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Aussie dollar way too cheap – BT boss

Even a bearish view on the prospects for continued growth in Asia would see fair value for the Australian dollar at US75c or higher, according to Dirk Morris, a currency expert and chief executive of BT Investment Management who was at the Reserve Bank when the Australian dollar floated in 1983.

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ASX hopes for extra green from AQUA managed fund listings

The ASX launched its ‘AQUA’ listing service for managed funds and ETFs last week, amid hopes the financial turmoil would eventually reward more liquid and transparent structures, and prompt issuers to pay the bourse as much as 3.5 bps of FUM to house products.

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ASX hopes for extra green from AQUA managed fund listings

The ASX launched its ‘AQUA’ listing service for managed funds and ETFs last week, amid hopes the financial turmoil would eventually reward more liquid and transparent structures, and prompt issuers to pay the bourse as much as 3.5 bps of FUM to house products.

Read more