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Showing 1341 - 1350 of 7033 results for "December"

Cboe Chi-X takeover progresses

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
... and greater competition available in the market when it comes to ETFs, be they active or passive," Jokovic said. "From December of last year there has been about 15 new ETFs come to market. We've done eight and the ASX has done seven. And I think that ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... 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 managed accounts, separately managed accounts, managed funds and mandates. Funds under ...

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... submission outlining issues. The government passed Financial Sector Reform (Hayne Royal Commission Response) Act 2020 in December 2020 and required AFSLs to include an authorisation to assist with insurance claims. However, the AFA was concerned whether ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
... 348 clients and 1042 funds at March end, up 1% (five new net clients) and 13% (162 net new funds) respectively from the December quarter. The 21% or $27.4 billion increase in Mainstream's FUA came from: net inflows from clients of $41.7 billion and market ...

IOOF licensees to take remedial action

JAMIE WILLIAMSON  |  MONDAY, 26 APR 2021
... address deficiencies identified by ASIC within Bridges Financial Services and RI Advice Group. During surveillance in December 2020, ASIC found 15% of client files from Bridges and 17% of files from RI Advice contained indications of potential client ...

Moelis Australia to rebrand

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... broking services. By FY20, asset management activities accounted for more than 67% of the underlying revenue. "At 31 December 2020, Moelis Australia managed $5.4 billion of assets, diversified across real estate, hospitality, credit, listed equities ...

Fidelity portfolio manager resigns

KANIKA SOOD  |  FRIDAY, 23 APR 2021
... Semiconductor, HDFC Bank, AIA 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%.

AustralianSuper hires from WTW

KARREN VERGARA  |  FRIDAY, 23 APR 2021
... responsible for advising asset owners on governance and strategic issues. She joined WTW as an investment consultant in December 2008 and prior to that was an investment analyst at Pengana Capital for two years. The super fund recently appointed Pippa ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
... will increase from $307.50 to $556.00. The administrator will also change from OneVue to Mercer Outsourcing. As of 31 December 2019, FMIC had just 97 members and paid out more than $3.3 million for the year.

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... billion in 2020 March quarter. The platform ended March with $53.4 billion in platform assets, up $1.7 billion from the December quarter. "We continue to improve the capabilities of North to support both AMP aligned and external financial advisers in ...