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Showing 1201 - 1210 of 6247 results for "December 2012"

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
Pendal Group saw $900 million in net inflows in the quarter ending March, taking its assets over $100 billion again. Pendal ended March with $101.7 billion in total funds under management (FUM), 4.4% higher than December's closing FUM of $97.4 billion. ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
ASIC is extending the relief measure that allows financial advisers to provide a Record of Advice (ROA) rather than a statement of advice (SOA) until October 15. The decision to extend the relief measure came after consulting with the industry, the ...

WTW head of strategic advisory resigns

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
A long-serving Willis Towers Watson executive has left after more than 12 years with the firm. Head of strategic advisory for investments Jessica Melville confirmed that she has resigned from WTW. Her most recent responsibilities were advising asset ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
The exchange-traded products market skyrocketed 149% to $95 billion in the three years to December 2020, new research finds. Rainmaker's latest research predicts that ETPs will eclipse the unlisted unit trust market in another three to five years. ...

ARK Innovation ETF cops neutral rating

KARREN VERGARA  |  TUESDAY, 13 APR 2021
Despite delivering a stellar performance, star fund manager Catherine Wood's ARK Innovation ETF has been slapped with a neutral rating from Morningstar. Morningstar strategist Robby Greengold said personnel issues and lax risk controls could be ...

Oaktree hires from Challenger

KANIKA SOOD  |  MONDAY, 12 APR 2021
A senior institutional business development manager from Challenger has moved to Oaktree as the latter's managing director of marketing for Australia and New Zealand. Brett Penprase will be based in Sydney, and focus on business development and ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
Catholic Super's bank MyLife MyFinance has implemented Temenos' digital banking platform replacing its legacy system. Temenos said the implementation reduces the bank's complexity by moving all processes and data to one core system, Temenos Transact. ...

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
Maurice Blackburn's class action against MLC Nominees and NULIS Nominees has moved to the Federal Court, following a decision late last year. The class action brought by Maurice Blackburn against MLC Nominees and NULIS in January 2020 on behalf ...

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
Wholesale funds finished 2020 with funds under management (FUM) down just 0.1%, recovering almost all the losses experienced as a result of COVID-19, new research from Plan For Life shows. The research revealed wholesale funds grew 5.4% in the December  ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... OECD's March 2021 "Interim Outlook Forecasts" has Eurozone GDP growing by 3.9% this year - up from 3.6% it forecast it December - and 3.8% in 2022 - up from 3.3%. Similarly, the IMF's April 2021 "World Economic Outlook' report sees the region's ...