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Showing 1481 - 1490 of 7095 results for "June 2011"

IOOF buffeted by advice restructure

ELIZA BAVIN  |  THURSDAY, 28 JAN 2021
IOOF has seen over $1 billion in outflows from its advice business in the second quarter due to its business transformation program known as Advice 2.0. The company's funds under management saw losses of $400 million in the quarter to 31 December 2020. ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
Australia's consumer prices continue to recover from the 1.9% drop in the June 2020 quarter - the largest quarterly fall in the 72 year history of the CPI. However, the Australian Bureau of Statistics reported that the country's headline inflation ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...

Stonehorn Global Partners names investor head

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The Schwartz family office-backed firm has appointed a head of investor relations (ex-Australia) and partner as it expands into Europe. Maria Llanes will be based in Switzerland and joins from distribution firm Tiffons Global Partners where she was ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
... the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it foresaw in June - due to "stronger-than-expected momentum in the second half of 2020". This stronger base, in turn, underpins a brighter outlook ...

Super fund ousts ethical manager

JAMIE WILLIAMSON  |  FRIDAY, 22 JAN 2021
Yet another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders, transferring management of its Socially Responsible Balanced option to another firm earlier this month. LGIAsuper's Socially Responsible Balanced option ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
Japan may need to spend more to mitigate the expected slowing in consumption and business activity following the declaration of the second state of emergency. The worst of the pandemic appeared to have passed when Yoshihide Suga took over from Shinzo ...

Former CFSGAM chief joins property group

KANIKA SOOD  |  MONDAY, 18 JAN 2021
An ASX-listed property group has added the former chief executive of Colonial First State Global Asset Management as a non-executive director to its board. Warwick Negus joins the board of Dexus effective February 1. Negus is currently the chair of ...

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...