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Showing 131 - 140 of 774 results for "June quarter"

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
... The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician had been tracking consumer prices. ...

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Northern Trust's survey of its American not-for-profit institutional clients found strong performance in the June quarter but year-to-date returns are still negative at pension funds and the like. Public funds -- which have about 50% in equities -- ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... produced kind results. It has saved the economy from a technical recession - GDP growth rebounded by 11.5% in the June quarter (3.2% year-on-year), more than offsetting the 10.0% contraction (minus 6.8% y-o-y) in the March quarter. Activity measures ...

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
... acquisition comes as Perpetual's investment management business reported $400 million in net outflows in the June quarter, which also saw the company curb variable remuneration across the board. Barrow Hanley is well known to Perpetual, as the latter ...

Government announces $184bn deficit

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
... the economy." Despite the government's economic support measures real GDP is forecast to have fallen sharply in the June quarter by 7%. However, they said, the easing of health restrictions in line with the health advice is expected to deliver an increase ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... permanent job opportunities in the quarter, at 19.4%. "All industry groups reported declining opportunities over the June quarter. The strongest performing sector was mining, construction and utilities, reporting a decline of just 3.2% over the quarter ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... IPO Watch report. Of the 12 IPOs, nine listed during the market peak in February with the remaining three in the June quarter. Over $87 million was raised in the first quarter compared to $44.5 million in the second quarter. In addition, nine of the ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... Information has revealed the winners in the exchange traded product (ETP) market. Comparing data from the end of the June quarter to the same time last year, Vanguard remains the largest ETP manager in Australia with $20.5 billion. BlackRock is the second ...

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) has ...