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Showing 1481 - 1490 of 7108 results for "December"

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 ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
... and lately, the 2020 COVID-19 pandemic. Sure, like most other economies Japanese growth has rebounded - by 5.3% in the December 2020 quarter - after recording three straight quarters of contraction - 1.9% in December 2019; 0.5% in March 2020; 8.3% in ...

Managed accounts FUM inch to $100bn

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... calculated a $15.5 billion rise in managed accounts funds under management from June 2020. Net inflows in the six months to December 2020 was $7 billion. "The investment markets for the second half of 2020 were significantly more positive than the first ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... changes in the ECB's GDP growth forecasts. It raised its 2021 growth projection to 4.0% (from the 3.9% it predicted in December 2020) and lowered 2022's to 4.1% from 4.2% - practically cancelling each other out - while at the same time not changing ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... of AFCA. However, Remediator says it is not a debt management firm and would not be covered under the legislation. In December 2020, ASIC released a consultation paper on updating its regulatory guide in relation to consumer remediation. At the time ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... half-year statistics revealed scam-related complaints made up 23% of the 34,047 new complaints in the six months to 30 December, 2020. Throughout 2020, AFCA received 77,739 complaints, up 5% on 2019 and 15% of which were COVID-19 related. "Our sense ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... Westpac-Melbourne Institute index of consumer confidence rose by 2.6% to a reading of 111.8 in March, "just 0.2 points below the December level which was a ten-year high. The main factors driving the Index are improving economic conditions and prospects ...