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Showing 1251 - 1260 of 3879 results for "February"

Mutual fund assets lose $1.3 trillion

ELIZA BAVIN  |  WEDNESDAY, 25 MAR 2020
More than US$775 billion ($1.3 trillion) in assets were wiped out of mutual fund strategies in the US during February, representing a single-month decline of nearly 5%, according to Cerulli. The research found ETF assets also plunged in February, declining ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... will slow as shown by the latest UK Markit/CIPS figures - composite PMI down to a reading of 37.1 in March from 53.0 in February; manufacturing down to 48.0 from 51.7; services down to 35.7 from 53.2. But unlike the UK, the Australian government is heading ...

US senators in alleged COVID-19 insider trading

JAMIE WILLIAMSON  |  MONDAY, 23 MAR 2020
... prior consent of the company." The Daily Beast said Loeffler and Sprecher made 29 transactions between January 24 and mid-February, just two of which weren't sales. The two purchases were for stocks in a technology company focused on teleworking software. ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
... committee following Harmos' retirement. It comes after the retirement of Mike Wilkins, who stepped down from the AMP board in February this year, and also Peter Varghese, who will step down in May. Murray thanked the three board members for their work ...

AFSL suspended by ASIC

ALLY SELBY  |  MONDAY, 23 MAR 2020
... 12 this year. It follows the appointment of voluntary administrator Worrells Solvency & Forensic Accountants in late February. According to its website, Longhou Capital Markets is a boutique investment advisory and online trading firm with offices in ...

Chief economist update: What happens in China...

BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... Wuhan in Hubei province - what other countries are now progressively moving towards - if memory serves me right, in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... COVID-19 sell-off, with shares taking a further 12.9% dive on Thursday. Since the beginning of the COVID-19 sell-off (February 21), Macquarie shares have taken a 47.6% hit. At the time of writing, the financial services powerhouse was trading up 7.24% ...

BlackRock appoints Asia Pacific ETF head

KANIKA SOOD  |  FRIDAY, 20 MAR 2020
... appointment. iShares is the second biggest player in the local ETF market, with a nearly 25% slice of the total $63.9 billion at February end. The local business is headed by Christian Obrist. It is second to Vanguard, which at $19.8 billion manages ...

UBS says goodbye to ETFs

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... and delisting three as asset growth stalls. UBS currently has nine ETFs with $300 million in funds under management at February end. On Friday, it informed investors of its plans to delist six of them, telling investors that the funds were unlikely to ...

Low rates support some bond managers: Report

ELIZA BAVIN  |  THURSDAY, 19 MAR 2020
... followed by Pendal Fixed Interest and Schroders Fixed Income Fund - Wholesale. This is based on unit price returns between February 21 and March 16. The outperformance was partially to do with each funds long rate exposures across Australia and the US ...