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Showing 1321 - 1330 of 6963 results for "March"

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... the best outcome for all customers is implemented. Raiz's pre-acquisition superannuation assets sat at $92.5 million at March end, growing 14.6% in the quarter. In the March quarter, it also rolled out portfolios for the self-managed superannuation fund ...

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... that's a 14.9% increase from the start of 2021 and a stupendous 128.5% surge from the pandemic low of US$78.33 recorded in March last year. No prize for the whys and wherefores but as it was then, it's still China's need for steel that's ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... market-cap weighted and limits each bank's maximum weight in the index to 30%. It had 16 constituents as at April 22. "As at 31 March 2021, the gross running yield (i.e. including franking credits) of the index BHYB aims to track was around 3.5% p.a. ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... salary of $382,040 plus superannuation of $21,003), short-term incentives of $150,685 and options of $19.267. Clime ended the March quarter with $1 billion in funds under management (up $55 million from December quarter), including LIC, individually ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
The ASX-listed fund administrator ended March with $272.2 billion in funds under advice, as its Pendal win and inflows delivered a 21% uptick in FUA from the previous quarter. Mainstream has 348 clients and 1042 funds at March end, up 1% (five new net ...

Macquarie-linked fund manager shutters

KARREN VERGARA  |  MONDAY, 26 APR 2021
... strategy via the Macquarie IPM Global Macro Fund. The fund had some $39 million in assets under management at the end of March 2021, most of which came from institutional investors. Led by portfolio manager Bjorn Osterberg, the IPM Global Macro Fund ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... record. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to a record high of 63.3 while the services PMI went up to a reading of 50.3 - the ...

Fidelity portfolio manager resigns

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... Group, NASPERS and Bank Central Asia. The fund returned 3.70% p.a. above the benchmark since its December 2013 inception to March end. At March end, 12-month returns were 38% to the benchmark's 27.28%.

Perpetual AUM climbs, hires in UK

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... made a raft of appointments to its ESG investment manager Trillium Asset Management. International AUM grew 8% over the March quarter, inclusive of Trillium and Barrow Hanley to $71.6 billion and recorded net outflows of $892 million, which Perpetual ...

Adviser numbers at five-year low

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... Royal Commission was finalising its verdict. On a year-on-year comparison, the number of advisers dropped 11% at the end of March 2021. The SMSF Advisers Network is currently the largest advice licensee, followed by AMP Financial Planning, Morgans, Synchron ...