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Showing 1011 - 1020 of 3873 results for "August"

Acting AMP Australia chief joins FSC board

ELIZABETH MCARTHUR  |  MONDAY, 19 OCT 2020
... general manager marketing and customer sales, director of advice and sales and director of retail financial services. In August 2020, Blair was appointed acting chief executive of AMP Australia following the sudden resignation of former chief Alex Wade. ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... - the second consecutive month of decline. Manufacturing activity continued to expand - 53.7 in September from 51.7 in August - due to a strong increase in new orders as export markets re-opened. However, the service sector posted its biggest contraction ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... funds management experience has managed to outperform the benchmark consistently since its inception in July 2018. As of August 31, Spatium Capital's Small Companies Fund returned 30.4% on a one year basis, 23.6% since the beginning of the year ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
... 500,000 people under 35 losing their jobs in the early stages of the pandemic, and around 300,000 still out of work in August." Lowe said the heavy burden partly reflects the uneven way the pandemic has affected different industries. "The hospitality ...

Hostplus freezes premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
... decrease. REI Super, Tasplan, legalsuper and Intrust Super all recently increased premiums on various types of cover. In August, Hostplus increased the premiums on optional income protection insurance for a small pool of its members by 73.7%.

Active managers grapple with EM

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2020
... Rainmaker Wholesale managed funds performance report looked at 22 products with $6.5 billion of assets over three years to August and found only a quarter (28%) outperformed their benchmarks on an after-fees basis. The average active fees charged were ...

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... analyst. Kapellos had been with Perpetual for almost six years.He started his career as an associate with Macquarie. In its August results, Perpetual saw its net profit after tax fall 29% year on year. The business blamed increasing outflows from its ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... restrictions and lockdowns, China has re-opened for business months before, underscored by the "Wuhan pool party" back in August. This was followed by the China's "Golden Week" holiday (1-7 October) that, according to the government, saw 637 million ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... in a slowdown of orders and reduction in new orders. Likewise, the services industry index dropped to 36.2 from 42.5 in August, again due to the re-imposition of restrictions in Melbourne. The AiG performance of construction index improved (but remained ...

Active portfolios post stellar returns

KARREN VERGARA  |  FRIDAY, 9 OCT 2020
... product, the Global Environmental Opportunities Option, a $1.5 billion portfolio, returned 34% p.a. according to Rainmaker's August MySuper performance tables, making it the top performer in the ESG category. Actively managed in-house, the option invests ...