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Showing 101 - 110 of 669 results for "September quarter"

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
... to 1.13%. The recent financial year saw the spend plunge 23% as performance fees went down during COVID-19. September quarter results saw 1.1% in returns, and 10-year performance now sits at about 9% p.a.

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
Australia's sovereign wealth fund grew 1.1% in the September quarter to $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's ...

Chief economist update: Japan's second wave

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2020
... the previous three-month period. The index for large non-manufacturers increased to a reading of -12 in the September quarter from -17 in the previous one (also an 11-year low). But with a hole as deep as the 28.1% annualised rate of contraction in GDP ...

Cash no longer king

ANNABELLE DICKSON  |  TUESDAY, 20 OCT 2020
... from cash, according to Vanguard and the ASX. International equity ETFs had nearly $2 billion of inflows in the September quarter, followed by domestic equity ETFs at $1.18 billion while cash ETFs had $150.9 million in inflows. Vanguard head of capital ...

Chief economist update: Middle Kingdom on top

BENJAMIN ONG  |  TUESDAY, 20 OCT 2020
... strengthening the economic recovery. It's on its way. China's GDP expanded by 4.9% in the year to the September quarter, strengthening from the June quarter's growth of 3.2% which itself, represented a sharp recovery from the 6.8% contraction ...

Financial advice more important than ever: HUB24

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... financial advice is more important than ever as it posts record inflows and signs close to 30 new licensees in the September quarter. Staging a $260 million bounce back after it suffered from the impacts of COVID-19, funds under administration were up ...

Netwealth sees rise in inflows

ELIZA BAVIN  |  THURSDAY, 8 OCT 2020
Netwealth has experienced a leap in inflows for the September quarter of $1.9 billion, bringing total funds under administration to over $34 billion. The figure represents a 24.5% increase in FUA net inflows against the prior corresponding period. Its ...

Funding for housing to decrease

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... "pre-existing" slowing in activity, though exacerbated by COVID-19 lockdowns. Further declines are expected in the September quarter as commencements continue to slow, with the government referencing the Stage 4 lockdowns in Melbourne as a contributing ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... trends remained negative for the sector in the June quarter and early signs indicated this continued into the September quarter. "The exception to this is Magellan Financial Group (MFG) who continue to attract strong inflows," it said. "Weak markets ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... restrictions in line with the health advice is expected to deliver an increase in economic activity from the September quarter. "There are some positive early signs in the recovery with indicators suggesting that the unwinding of containment measures ...