ASX beaten to the blockchain punch by UK group Calastone
The ASX’s distributed ledger for clearing the equities market will no longer be the first time local fund managers rely on a blockchain to process their trades, after British-based Calastone revealed it will switch on its own distributed ledger technology (DLT) in May. Calastone, whose systems automate 80 per cent of Australian institutional fund flows, will beat the ASX by two years to powering on a system promising unquantified cost savings for global investors. ASX is due to belatedly switch on its blockchain, which will replace CHESS, in March or April 2021. Calastone’s software, which manages back-office processes, is used by 95 per cent of Australia’s managed fund platforms and […]
Nervous investors pulled capital from equity funds in Q1 at fastest rate since pandemic began
Australian investors pulled more capital out of managed equity funds in the first quarter of 2023 than at any time since the beginning of the pandemic, according to Calastone.
Investors react to bear market in June as managed funds across all asset types see outflows, except Australia-focused equity funds
Australian investors have turned negative on equities for the first time since the onset of the pandemic, according to Calastone.
Fund inflows drop sharply in Q1 as investor enthusiasm cools, funds focused on Australia prove more resilient
Australian investor enthusiasm cooled markedly in the first quarter of 2022, according to the quarterly Fund Flow Index from Calastone.
ESG fund inflows boom in Australia in 2021
ESG funds were major beneficiaries of Australians’ cash in 2021, according to the last Global Fund Flow Index from Calastone.
Australians cool their appetite for real estate funds in June as lockdowns sweep the country
Australia’s real estate funds are seeing a cooling in demand after months of red-hot buying activity from investors, according to Calastone.
Lockdown nerves cool Australian appetite for domestic equity funds
Australian investors cooled their appetite for equity funds in the second quarter, after six months of record buying, according to analysis from Calastone.
Australian investors pump billions into equity funds as hopes rise for an end to the pandemic
Australian investors pumped A$9.5bn into equity funds in the last twelve months, according to the first quarterly Fund Flow Index (FFI) from Calastone
