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Showing 1521 - 1530 of 7108 results for "December"

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
... across Australia continues to grow." In addition, CountPlus completed six tuck-in acquisitions in the six months to 31 December 2020 including Ascent Private Wealth, Freedom Accounting Group, CBD Wealth Solutions and Arch Capital. CountPlus will pay ...

J.P. Morgan custody exec retires

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... sales, securities services, Australia and New Zealand. J.P. Morgan is the largest custodian in Australia, according to December end statistics from he Australian Custodial Services Association's (ACSA) biannual statistics. It has a nearly 25% share ...

Investors on red alert despite vaccines

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... reveals. Natixis Investment Managers' annual 2021 Professional Fund Buyer Outlook, conducted between November and December 2020, shows six in 10 participants believe the COVID-19 new normal is here to stay. Two-thirds expressed a more pessimistic ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
... cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments nearly 40%, according to Janus Henderson Investors. In the Asia ...

Wealth group makes acquisition

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... the 10 th acquisition since the company's listing in 2017 and is the third acquisition for the financial year. In December 2019, Kelly+Partners partnered with Austbrokers to set up a new partnership called Austbrokers Kelly+Partners. The operation ...

Netwealth cash margin could squeeze

KANIKA SOOD  |  FRIDAY, 19 FEB 2021
... Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about 7.2% or $2.8 billion is in cash transaction accounts, on which the firm earns about 95bps from ANZ Bank. ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... settlement will push the firm's net debt by $4 million to $9 million, which was taken into account after releasing its December 2020 half-year results this morning. The group reported an 18% jump in revenue of $31.5 million compared to the prior ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... with market expectations. Though the monthly addition in jobs has slowed -- 180K in October, 90K in November and 50K in December - January marked the fourth straight month of employment gains. Not only that, Bjorn Jarvis, head of labour statistics at ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... biannual statistics revealed J.P. Morgan owned the lion's share of the $4 trillion local custody market at the end of December 2020. Nearly a quarter or $973.2 billion of the asset pool is serviced by J.P. Morgan, followed by Northern Trust at $660.9 ...

CFA unveils December exam results

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... shows. The CFA Institute announced 12,806 of the 26,212 or 49% of Level I candidates passed their examination in the December 2020 sitting. Fifty-five percent or 10,025 of the 18,136 Level II candidates passed and will progress the third and final stage. ...