Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1441 - 1450 of 7108 results for "December"

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... 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. The 4.4% uptick in closing FUM includes net inflows of $900 million, market returns of $2.5 ...

ASIC extends advice relief measure

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... about the federal government's early access to superannuation initiative has ended as the scheme was finalised on 31 December 2020. Advisers did not need to provide an SOA when providing advice about the scheme. The relief to extend the timeframe ...

WTW head of strategic advisory resigns

KARREN VERGARA  |  WEDNESDAY, 14 APR 2021
... responsibilities were 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. Sydney-based Melville did not confirm ...

ETP demand soars, unlisted unit trusts retract

KARREN VERGARA  |  TUESDAY, 13 APR 2021
The exchange-traded products market skyrocketed 149% to $95 billion in the three years to December 2020, new research finds. Rainmaker's latest research predicts that ETPs will eclipse the unlisted unit trust market in another three to five years. ...

ARK Innovation ETF cops neutral rating

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... sectors of health and technology. Another Morningstar research note found that ARKK took in US$3.1 billion of new money in December 2020 and upped its holdings to Proto Labs by US$36 million from US$457 million, leading to an 18% stake in the industrials ...

Oaktree hires from Challenger

KANIKA SOOD  |  MONDAY, 12 APR 2021
... managing director and global head of marketing Tony Harrington. Oaktree manages US$148 billion in total assets, as at 31 December 2020. It established an office in Sydney in 2016.

NAB MySuper class action heads to Federal Court

JAMIE WILLIAMSON  |  MONDAY, 12 APR 2021
... the super trustees of breaching their duties by delaying the transition of accounts to cheaper MySuper products. On 18 December 2020, the Supreme Court of Victoria ruled the case invalid. A spokesperson for Maurice Blackburn confirmed the case has now ...

Catholic Super bank implements Temenos

KANIKA SOOD  |  MONDAY, 12 APR 2021
... have reached this milestone of our digital transformation journey, and for our customers to experience the benefits." In December 2020, Challenger said it would spend $35 million to buy Catholic Super's banking business, after considering an ADI ...

Wholesale funds recover losses

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
... as a result of COVID-19, new research from Plan For Life shows. The research revealed wholesale funds grew 5.4% in the December quarter to finish 2020 at $1.2 trillion. Pendal and Challenger led the FUM growth with 39.5% and 20.5% respectively. On the ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
... medium term. While the degree of uncertainty was still high, it was seen to have lessened compared with at the time of the December projections. It was noted that financial market dynamics suggested a rather positive outlook". This is backed up by recent ...