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Showing 1061 - 1070 of 5505 results for "Mid"

Platform hires distribution lead

KARREN VERGARA  |  WEDNESDAY, 27 JAN 2021
A boutique platform has appointed a distribution lead in a newly created role as it ramps up its offering to financial advisers. Andrew Whelan has joined WealthO2 as chief distribution officer. Whelan came from Bravura subsidiary Midwinter where he ...

Future Super chief executive to depart

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The chief executive and co-founder of $1 billion ethical retail fund Future Super will depart at the end of February. Kirstin Hunter, who has been with the fund for four years, has announced she will be leaving despite recent promotions. Hunter joined ...

Tide turns in ETFs, managed funds inflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
US exchange-traded funds ended 2020 with a new record for inflows, while managed funds set a record of their own - in highest outflows for a calendar year. Mutual funds are still roughly three times the size of ETFs in the United States, Morningstar ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... compares with the 8.0% unemployment rate the RBA forecast for end-year 2020 and lower than the Treasury's already lowered Mid-Year Economic and Financial Outlook (MYEFO) prediction for the jobless rate to "peak at 7.5% in the March quarter 2021". ...

State Super names new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 21 JAN 2021
State Super has appointed a new chief investment officer, replacing Gary Gabriel who departed for VFMC last year. Charles Wu has been affirmed in the role, promoted from deputy chief investment officer and general manager, defined contribution investments. ...

Ophir readies new fund

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
The equities boutique will launch a new mid-cap focused equities fund, as its last fund readies for a hard close at January end. The Ophir Global High Conviction Fund will be an extension strategy to the $773 million Global Opportunities Fund, with ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each year, and the latest data showed payroll jobs had increased back to the level of ...

APRA delays insurance in super guidance

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... to all submissions, including from this second consultation, will be provided as a Response Paper, expected to be issued in mid-2021."

Perpetual awards custody mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 JAN 2021
Perpetual Investment Management has appointed a new custodian, replacing RBC Investor and Treasury Services following its exit from the Australian market. State Street Australia won the mandate and will provide custodial and fund administration services ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...