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Showing 1341 - 1350 of 6961 results for "March"

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... indicate that this circle of virtue is gaining momentum. Here are the key stats of the seasonally adjusted estimates for March 2021: Unemployment rate decreased to 5.6% - the lowest level since March 2020 - from 5.8% in February Participation rate increased ...

Equity Trustees adds new client

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... to focus on developing the strategy and interacting with our investors," said Gate Capital Group director Justin Jenk. In March, Equity Trustees announced the impending departure of Harvey Kalman as the head of business development, fund services and ...

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. ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... with fewer than 10 financial advisers spread right across New Zealand." The regulator introduced a new advice regime on March 15, requiring advisers to hold a transitional licence and comply with its standard conditions. They must also comply with new ...

New lead for Mercer Sentinel

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... its outsourced due diligence and custody consulting business. Tricia Nguyen took on the role of head of Mercer Sentinel in March, replacing Peter Baker who transitioned to working part-time as a partner. Nguyen joined Mercer in 2015 and has been leading ...

Praemium FUA up, opens Edinburgh office

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... (FUA) of $37.9 billion as it expands its presence in the UK with the opening of an office in Edinburgh, Scotland. For the March quarter, Praemium recorded an 11% increase in FUA, and a 96% increase compared to March 2020. The Australian platform FUA ...

Super fund liquidity could be better: RBA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 APR 2021
... market conditions. Funds should also consider alternative ways to transact when market depth is reduced, the RBA said. In the March 2020 quarter alone, super funds added $51 billion to their aggregate cash balances. Around half of this was the result ...

ETFs crack $100bn

KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
Nearly 20 years after ETFs started trading in Australia, their total assets crossed $102 billion at the end of March. There are now 220 ETFs listed on the ASX. In March, their investors made roughly 18,685 ETF trades a day with average daily trading ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... showed that it's no worries for businesses (despite the government withdrawing its JobKeeker programme at the end of March - the survey was conducted from 19-31 March). Business conditions in Australia jumped from a reading of +17 in February to ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... business activity surveys continue to indicate continued strong expansion - Markit Composite PMI rose to a reading of 55.5 in March (from 53.7 in February); the services PMI increased to 55.5 (from 53.4); the manufacturing PMI marked its 10th straight ...