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Showing 1091 - 1100 of 5911 results for "March 2010"

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics (ABS) underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024. ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
AMP Capital has shut down the AMP Capital Dynamic Markets Fund, launched by Shane Oliver in 2011, following poor performance. A spokesperson for AMP Capital confirmed to Financial Standard that the fund will be terminated. Dynamic Markets Fund portfolio ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
Just a wittle more, a wittle more... Yes Virginia, just another US$12.71 per tonne (6.6%) and the spot price of iron ore will be line ball with the all-time high of US$191.70 a tonne it set way back a decade earlier (February 2011). For sure, there ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
BetaShares has launched a new ETF that invests in ASX-listed preference shares issued by the big four Australian banks. The BetaShares Major Bank Hybrids Index ETF (ASX: BHYB) will invest in ASX-listed, AUD denominated preference share issues with a ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
Madison Financial Group's Annick Donat has been appointed the chief executive of Clime Investment Management. She will commence in the role on 1 May 2021. Donat was most recently the chief executive of Madison for over three years, before it was ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
The ASX-listed fund administrator ended March with $272.2 billion in funds under advice, as its Pendal win and inflows delivered a 21% uptick in FUA from the previous quarter. Mainstream has 348 clients and 1042 funds at March end, up 1% (five new net ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
A global quant-driven fund manager that won a mandate with Macquarie four years ago to oversee its liquid alternative strategy has folded. Swedish fund manager Informed Portfolio Management (IPM), which at its peak had about $6 billion (SEK40bn) of ...

Fidelity portfolio manager resigns

KANIKA SOOD  |  FRIDAY, 23 APR 2021
The lead portfolio manager for Fidelity's top-performing $724 million emerging markets fund has resigned. Alex Duffy will leave the role on May 28. Replacing Duffy, Fidelity has appointed Singapore-based Amit Goel as the lead portfolio manager and London-based ...

Perpetual AUM climbs, hires in UK

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
Perpetual has recorded a $6 billion increase in total assets under management, reaching $95.3 billion and has made a raft of appointments to its ESG investment manager Trillium Asset Management. International AUM grew 8% over the March quarter, inclusive ...