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Showing 1401 - 1410 of 7034 results for "December"

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... to rise. This is underscored by the Fed's upgrade to its 2021 GDP growth projection to 6.5% (from 4.2% forecast in December 2020) and an unemployment rate of 4.5% (from 5.0% predicted three months before). The Fed predicts a temporary acceleration ...

Harvey Kalman to leave Equity Trustees

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... Trustees managing director Mick O'Brien. Equity Trustees reported $48.3 million revenue for the six months ending December 2020, largely in line with the revenue for the same period the previous year. Net profit was $9.8 million, down 14.5% over ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement of the Your Future, Your Super reforms package. ISA ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
... take up her new role on 1 July 2021 for a five-year term, replacing Geoff Summerhayes whose five-year term expired on 31 December 2020.

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... participants - board members and presidents - revised up their GDP growth projections to 6.5% this year (from 4.2% projected in December 2020); 3.3% in 2022 (from 3.2%); before tapering to 2.2% in 2023 (from 2.4%) - still above the US Congressional Budget ...

Alphinity portfolio manager resigns

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... Fidante Partners ended 2020 with an average FUM of $71.8 billion, after picking about $5.8 billion in net inflows in the December half. Of the inflows $3.9 billion were institutional and $1.9 billion were retail. About half of this FUM is from fixed ...

Pendal group chief executive to step down

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... executive of Pendal Group. Good was appointed the chief executive of J O Hambro Capital Management (JOHCM) in the US in December 2019 and has spent a large part of his 24-year-long career working in ETFs for State Street and BlackRock/Barclays BGI (which ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
... Corporation and State Street Global Advisors (SSGA). Reilly has committed to the role of the merged entity until at least December 2022 and will spend most of his time in Brisbane. The board of directors will comprise Fraser, Michael Clifford, Mark Goodey ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... minimum of three equivalent full-time compliance staff and appoint any corporate authorised representatives until 31 December 2022; and provide ASIC with an attestation from a senior executive within AxiCorp. The latter means that a senior executive ...

ASI restructures distribution team

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... from its distribution team have been made redundant. An ASI spokesperson confirmed that the employees left the firm in December 2020 following a strategic repositioning of the Australian business. "The realignment of resources will allow us to focus ...