Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1111 - 1120 of 6475 results for "September"

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... stronger-than-expected rebound in wages across Australia in the December quarter of 2020. Total wages growth rebounded from 0.07% in the September quarter to 0.6% in the final three months of 2020 quarter - the fastest quarterly increase in nine quarters. ...

Morphic co-founder joins hedge fund

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... a long/short global equities manager with a focus on ethical investing. It had about $113 million in total assets at September 2020, split across an unlisted fund (Morphic Global Opportunities Fund) and an ASX-listed fund (Morphic Ethical Equities Fund). ...

PIMCO eyes ETFs

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... list its fixed income funds as active ETFs in Australia. PIMCO, which managed over $52 billion in Australian assets at September end, has so far stayed away from ETFs. It did list nine of its strategies in ASX's mFunds marketplace. These totalled ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... saying that there was a possibility for big profits for the funds if the bank continued along its growth trajectory. In September 2020, ME Bank chief executive Adam Crane commented on whether the bank's super fund investors were likely to sell out ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... balance has ticked down over the last year, as investors became more comfortable in moving back into the markets. At September end, they represented over 9% of Netwealth's total FUA. The platform provider yesterday reported strong growth in revenue and ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a legacy client it acquired in September 2016 but did not divulge further details about the matter. It is "awaiting court approval to pay US$3.95 million to the receiver ...

MTAA Super increases premiums amid merger

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... benefit rather than the current two-part 80/20 definition." Tasplan increased its income protection premiums too, in September 2020, putting them up by 7% ahead of the merger. When the funds become Spirit Super in April, a new sustainable investment ...

Revolution hires to investment team

KANIKA SOOD  |  WEDNESDAY, 17 FEB 2021
... closed its first fund in April 2019. A second fund (which was open ended) currently has about $400 million in assets. In September 2020, the boutique won a $300 million mandate from QIC to co-invest in local private debt with QIC, which has since started ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... times). A little bit more and the S&P 500 P/E ratio would hit the peak overvaluation of 23.4 times recorded on the 1st of September 2000 in the midst of the dotcom bubble. We all know what happened thereafter. It could be that this time is different. ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... from major OVH shareholder Thorney. Iress reported $14.5 million in net profit after tax for the three months ending September, compared to $14.6 million in September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same ...