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Showing 1151 - 1160 of 7033 results for "December"

American Century introduces small-cap fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... countries. It tracks the MSCI ACWI Small Cap Net Index. The fund launched in 2016 in the US. It returned 17.9% in the year to December 2021, and 32.5% over a three-year period. Senior portfolio manager Trevor Gurwich said introducing the fund in the ...

JANA hires legal expert from industry fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... legal expert to lead its risk and compliance division. Lindy Hunt was hired as head of legal, risk and compliance last December, joining from Club Plus Super where she spent the last seven years of her career. Prior to Club Plus, which merged with AustralianSuper ...

Record inflows for HUB24

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 JAN 2022
HUB24 has reported record platform inflows for the December quarter of the financial year. HUB24 saw platform net inflows of $3.6 billion during the quarter, including $349 million transitioned from externally administered legacy IOOF private labels ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... Statewide also failed to report these issues within10 days of becoming aware of them, as then required by law. On 22 December 2021, the Court imposed a $3.5 million penalty for the misleading correspondence and $500,000 for failing to report the breach ...

Pendal appoints new chair

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... positioned for the future and I look forward to watching the company's continued growth." Pendal endured a disappointing December quarter, with $5 billion in outflows from UK institutional clients. Pendal reported funds under management for the December ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
Global investment platform Praemium has released key results in the December 2021 quarter, boasting record total funds under administration on both a domestic and intentional front. Key milestones from the quarterly report include inflows of $1.25 billion,including ...

Tough quarter for Pendal

ELIZABETH MCARTHUR  |  FRIDAY, 14 JAN 2022
... disappointing quarter, with $5 billion in outflows from UK institutional clients. Pendal reported funds under management for the December quarter at $135.7 billion, down on $139.2 billion the previous quarter. Contributing to outflows was $0.8 billion ...

Data shows WallStreetBets created losses

ELIZABETH MCARTHUR  |  THURSDAY, 13 JAN 2022
... advice in the WSB forum was a poor investment strategy for most of 2021. The research, conducted between January 21 and 17 December 2021, found that the ten most mentioned stocks on WSB generated negative monthly returns at least 59% of the time during ...

Lutheran Super prepares for merger

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... members it has found its preferred merger partner, following a decision last September to assess the fund's options. In December the corporate fund, which holds less than $1 billion in funds under management, told members that a shortlist of "three ...

WAM ups PAF takeover bid

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
... shares into the WAM offer. PAF originally intended to merge with PGF. This proposal was rejected by shareholders on 13 December 2021 when it failed to receive the majority 75% of votes. Only 71% of shareholders cast in favour of merging the two LICs. ...