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Showing 1461 - 1470 of 7034 results for "December"

Netwealth boosts profit, FUA

ANNABELLE DICKSON  |  WEDNESDAY, 17 FEB 2021
... Managed account inflows jumped $1.3 billion to $7.6 billion. The average account size increased to $440,000 as at 31 December 2020, with the average annualised platform revenue per account increasing 6.5% to $1666. "As average account size increases ...

Hostplus enhances ESG option

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
... actively considering a net-zero emissions target as part of reviewing its approach to climate-related risk management at its December 2020 annual members' meeting. The following month, Market Forces put pressure on Hostplus to join a growing list ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... prices. This is highlighted by the continued acceleration in Chinese industrial production - up by 7.3% in the year to December, the fastest rate of expansion in 21 months. The good news is that the "good doctor's" prognosis is for continued strong growth ...

Industry fund awards $60m small caps mandate

KANIKA SOOD  |  MONDAY, 15 FEB 2021
... in-depth and comprehensive equity analysis that has consistently produced great results for our investors," Wood said. In December 2018, UBS AM said it was transferring some of its investment management functions to external managers under new partnerships. ...

Fiducian profit, growth jump

ANNABELLE DICKSON  |  MONDAY, 15 FEB 2021
... distribution of its funds in New Zealand through established platforms and distribute to wholesale non-advised clients. As at December 31, Fiducian Funds were at $3.38 billion, up from $2.79 billion in June last year. Fiducian will pay an interim dividend ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... Frydenberg's decision. The Australian Bureau of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. Though the monthly addition in jobs has slowed from 180,000 in October and 90,000 ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... territory, to 47.8 and 45.4 in January; although still in expansion, the manufacturing PMI weakened from a reading of 55.2 in December 2020 to 54.8. The European Commission's (EC) fresh forecasts take all these on board, including surrendering to ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... leadership of AMP Capital in August 2020 after its chief executive Boe Pahari departed amid sexual harassment claims. In December last year, former Cbus chief executive David Atkin was appointed deputy chief executive of AMP Capital. During a call to ...

Magellan performance fees dip 70%

KANIKA SOOD  |  THURSDAY, 11 FEB 2021
... despite a 70% drop in performance fees and a stronger Australian dollar. Net profit after tax for the six months ending December 2020 was $202 million, up 3% from the same period in 2019. Total average FUM was $100.9 billion (9% higher), resulting in ...

Two ASI executives out the door

ANNABELLE DICKSON  |  THURSDAY, 11 FEB 2021
... with ASI for over seven years and was most recently head of consultant relations for Australia prior to his departure in December 2020. He was responsible for the research and consultant relations across institutional and wholesale, representing 20 funds ...