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Showing 1111 - 1120 of 5903 results for "Second"

Assets under custody hit $4.7tn

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
... 31 December 2021 its assets had increased 22% to $823 billion. This allowed Citigroup to overtake Northern Trust as the second largest custodian in Australia. Northern Trust's assets under custody grew by 1.1% in the same period from $722 billion ...

ETF industry loses $5bn

JAMIE WILLIAMSON  |  MONDAY, 14 FEB 2022
... end January at $131.8 billion. Meanwhile, about $1.5 billion was seen in net flows and the ASX ETF trading value hit the second highest monthly level on record at $10.3 billion, an increase of 26%. "As the industry has matured, we have increasingly seen ...

AMP Capital unveils new name

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
AMP Capital will become Collimate Capital ahead of its slated ASX listing in the second half of the year. Cementing its separation from parent company AMP, AMP Capital chief executive Shawn Johnson said today's announcement is a testament to ongoing ...

Magellan fund loses $1bn in five months

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... of last year. Accounting for the month of August, the fund lost nearly $1 billion. Magellan's troubles began in the second half of 2021, when institutional shareholder St. James' Place yanked out $23 billion. A confluence of Brett Cairns resigning ...

Mantis in new distribution partnership

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
... its policies from The Outlook Group. Aussie TEP Management specialises in traded endowment policies or TEPs, which are second-hand conventional life insurance policies. Considered an alternative to fixed interest, TEPs offer attractive and predictable ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
... in JobSaver payments after experiencing a two-week decline in turnover during the Sydney and Melbourne lockdowns in the second half of 2021. In FY20, management undertook several measures to alleviate the impact of COVID-19. This included reducing ongoing ...

Plato launches net zero fund

JAMIE WILLIAMSON  |  MONDAY, 31 JAN 2022
... alone aren't that powerful, but when they emerge together in numbers, we know we have a very valuable indicator." The second fund is also now open to investors, Financial Standard understands. Plato says the strategy - the Low Carbon Long Only Strategy ...

Advised clients' major concerns in 2022

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... between them. Life insurers are increasing their premiums across the board and within 12 months or 18 months, push through a second rate increase. Premiums are skyrocketing by 20%-25% in a year, Pratap said. "Advisers typically help clients find the ...

UBS acquires Wealthfront, opens multicultural division

JAMIE WILLIAMSON  |  THURSDAY, 27 JAN 2022
... subsidiary of UBS and sit within UBS Global Wealth Management Americas upon completion of the transaction, expected in the second half of the year. The acquisition is intended to accelerate UBS's growth plans and expand its reach among younger affluent ...

CFD trading declines: Survey

KARREN VERGARA  |  TUESDAY, 25 JAN 2022
... and Asia, reveals the 15% contraction for the Australian market is consistent with muted growth observed elsewhere in the second half of the year," Investment Trends head of research Irene Guiamatsia said. ASIC made intervention orders in October 2020 ...