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Showing 131 - 140 of 561 results for "Year End"

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Macquarie Group has announced a new head of its asset management business and bank as long-time executives step down. Announced as part of Macquarie's results today, Martin Stanley will be stepping down as group head of Macquarie Asset Management (MAM) ...

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

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... similar) is modeling, would add ~2pp to its current growth forecast of 6.3% and push the unemployment rate to 4% or below by year end." And then there's the Fed. In his post-26-27 FOMC meeting press conference, chair Jerome Powell tried to calm markets ...

RSE trustee board composition evolving

KANIKA SOOD  |  MONDAY, 1 FEB 2021
In the last six years, independent directors have gone from holding 5.2% of the total board positions at RSE licensees to 10.7% of them as at June 2020, says new APRA data. The total directorships at responsible superannuation entity licensees shrunk ...

Maple-Brown Abbott finetunes Aussie equities lineup

KANIKA SOOD  |  THURSDAY, 28 JAN 2021
The Sydney boutique is winding up its geared Australian equities fund after underperformance and dwindling assets, while trimming the fees on two others. Maple-Brown Abbott 's Australian Geared Equity Fund has been around since 2002 and uses leverage ...

Investors going in blind: Research

ANNABELLE DICKSON  |  THURSDAY, 28 JAN 2021
... the year prior. This is consistent with the exchange-traded fund industry as the BetaShares Australian ETF Review for year end 2020 revealed the industry grew to $95.2 billion, up from $62 billion at the start of the year. This is not only the highest ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...

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 ...

ETF industry approaches $100bn

ANNABELLE DICKSON  |  TUESDAY, 19 JAN 2021
... the industry reaped the benefits breaking several records, new research shows. The BetaShares Australian ETF Review for year end 2020 revealed the industry grew to $95.2 billion, up from $62 billion at the start of the year. This is not only the highest ...

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
BlackRock's total assets grew by 17% last year to US$8.7 trillion, after each asset class, investment style and region reported positive net flows. Full year net inflows stood at $391 billion, of which about 32% came in the three months ending December. ...

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Investors pulled $1.6 billion net from Pendal Group's strategies in the December quarter, but total funds under management grew 5.4% to hit $97.4 billion as performance picked up. The net outflows of $1.6 billion were mostly from the JO Hambro Capital ...