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Showing 1511 - 1520 of 7034 results for "December"

Fund manager hires distribution lead

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... based in North Carolina. The group, listed on the ASX as EDC, also announced its profit guidance for the half year to December 2020, flagging that it made $2.5 million in net-profit after tax (subject to an audit review). In September last year, the ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
... some time". Besides, all US inflation measures remain below the 2% target; annual headline CPI inflation was at 1.3% in December, core CPI inflation at 1.6%, the headline and core PCE price deflators stood at 1.1% and 1.4%, respectively, in November. ...

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
Perpetual's strategies saw $2.7 billion in net outflows in the December quarter, taking its total assets to $89.2 billion. The outflows were primarily from the institutional channel at $2.6 billion, while about $700 million came out of the intermediary ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... retirement outcomes for our members," a spokesperson said. "As we stated at our most recent Annual Member Meeting last December, we are actively considering our climate change policies as part of a review that has been substantively underway for some ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
... Advance Australia Fair." The Australian Bureau of Statistics' (ABS) reported that 50,000 workers found employment in December - in line with market expectations. Though the monthly addition in jobs has slowed from 180,000 in October and 90,000 in ...

Ophir readies new fund

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
... concentrated portfolio. The strategy has been running since September 30 and returned 33.6% net in the three months to December end. Ophir will open the fund to existing investors in the first quarter. Meanwhile, the older strategy Global Opportunities ...

Jobs return to pre-pandemic levels

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
Payroll jobs had recovered to pre-COVID levels by early December 2020, according to figures released by the Australian Bureau of Statistics (ABS). ABS head of labour statistics Bjorn Jarvis said early to mid-December is a seasonal peak for jobs each ...

Challenger welcomes board director

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... offer herself for election at the annual general meeting in October 2021. The appointment follows an announcement in December where Challenger revealed it was buying Catholic Super's banking business for $35 million. Challenger and MyLife MyFinance have ...

Xinja returns deposits

ANNABELLE DICKSON  |  WEDNESDAY, 20 JAN 2021
... Regulation Authority began monitoring Xinja's return of deposits, worth more than $252 million, to 37,884 customers on 16 December. The neobank has now transferred the remaining 4176 accounts with a total value of $65,809 to NAB for customers to collect. ...

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
... China's - the world's biggest consumer - strengthening economy. Chinese GDP expanded by 6.5% in the year to the December 2020 quarter - better than consensus expectations for a 6.1% gain and accelerating from the third quarter's 4.9% annual ...