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Showing 1481 - 1490 of 7034 results for "December"

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

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... January. This is lower than market expectations for a 50,000 increase and followed the distribution of 227,000 pink slips in December 2020. What is more, is that downward revisions in November and December showed there were less 159,000 less Americans ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... provisional advisers currently on the ASIC Financial Adviser Register - no match for the 7600 that have left the industry since December 2018, according to the submission. "More needs to be done to ensure that they are being replaced by new advisers ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... withstood the disruption of COVID-19. Funds under management for the ASX-listed firm grew to $70.5 billion at the end of December 2020 or 14% year on year. The majority of its FUM comprises the institutional business, which reached $53.8 billion at the ...

JPMAM unveils sustainable fund

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... fund launched in Europe in August 2019, which returned 3.72% per annum, well above the benchmark's -0.52% p.a. as at December 2020. It currently has a 44% holding in bonds, 38% weighting to equities and 15% investment in cash. JPMAM head of Australia ...

Fund manager expands, hires two executives

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... in companies involved in disruptive innovation is the key to outperformance." Titley joined the Sydney-based firm in December, responsible for executing Holon's local distribution strategy. He was recently an associate director at Westpac's institutional ...

AMP Capital lags on sustainable inflows

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australasian sustainable funds sector reported a record $1.8 billion of inflows throughout the December quarter but AMP Capital missed out on the rush. Morningstar's latest Sustainable Investing Landscape for Australian Fund Investors revealed AMP ...

CFA Institute offers free exam deferral

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... those choosing to defer will have to sit the test in July or later. Level II and Level III candidates who missed the December exams due to COVID-19 can now register for May, August or November exams at no extra cost. Additionally, for the first time ...

Euroz expecting spike in NPAT

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... financials firm said it expects a 193% pcp increase in its unaudited net profit after tax to $25.1 million in the half ending December 2020. Underlying cash profits after tax were $10.9 million and non-cash (most of it mark to market on investments) ...

Better inflows ahead for Perpetual, Pendal: MS

KANIKA SOOD  |  WEDNESDAY, 3 FEB 2021
... overweight, while Magellan and Platinum are on underweight. Perpetual recently reported $2.7 billion in net outflows for the December quarter. But Perpetual's flows could progress in 2021 because it has invested in distribution, and global ESG inflows ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
... its funds under management by $650 million between January 2013 and September 2016. Westpac won the original case in December 2018, with the Federal Court ruling that Westpac Securities Administration Limited (WSAL) and BT Funds Management (BTFM) had ...