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Showing 121 - 130 of 555 results for "Year End"

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
The Protecting Your Super Package legislation which asked super funds to hand over inactive accounts to the Australian Taxation Office (ATO) has returned $4.3 billion to members in about 17 months. Between 1 November 2019 and 28 February 2021, nearly ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
BetaShares chief Alex Vynokur says the firm is open to acquisitions, listing its ETFs overseas and adding a retirement income product, as it brings on a US private equity investor. TA Associates has become a roughly 50% shareholder in BetaShares Holdings ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
A boutique founded by former the small caps team at UBS Asset Management has won a $60 million mandate from a $5.4 billion industry fund. TWUSUPER has selected Eiger Capital for the equities allocation. "This mandate furthers TWUSUPER's plan to ...

BetaShares to launch new fund

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... at the end of February 2021. The launch of the new fund comes as the BetaShares Australian ETF Review for the calendar year end 2020 revealed the i ndustry grew to $95.2 billion, up from $62 billion at the start of the year. This is not only the highest ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Macquarie Group has announced a new head of its asset management business and bank as long-time executives step down. Announced as part of Macquarie's results today, Martin Stanley will be stepping down as group head of Macquarie Asset Management (MAM) ...

Chief economist update: Disappointing jobs results raise Biden's stimulus bid

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... similar) is modeling, would add ~2pp to its current growth forecast of 6.3% and push the unemployment rate to 4% or below by year end." And then there's the Fed. In his post-26-27 FOMC meeting press conference, chair Jerome Powell tried to calm markets ...

RSE trustee board composition evolving

KANIKA SOOD  |  MONDAY, 1 FEB 2021
In the last six years, independent directors have gone from holding 5.2% of the total board positions at RSE licensees to 10.7% of them as at June 2020, says new APRA data. The total directorships at responsible superannuation entity licensees shrunk ...

Maple-Brown Abbott finetunes Aussie equities lineup

KANIKA SOOD  |  THURSDAY, 28 JAN 2021
The Sydney boutique is winding up its geared Australian equities fund after underperformance and dwindling assets, while trimming the fees on two others. Maple-Brown Abbott 's Australian Geared Equity Fund has been around since 2002 and uses leverage ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... the year prior. This is consistent with the exchange-traded fund industry as the BetaShares Australian ETF Review for year end 2020 revealed the industry grew to $95.2 billion, up from $62 billion at the start of the year. This is not only the highest ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...