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Showing 1521 - 1530 of 7034 results for "December"

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
HUB24 picked up $1.7 billion net inflows, 24 new licensee agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... practical solution to tackle pension complexity in a simple manner." GDG reported $59 million in net inflows for the December quarter, and had $1.49 billion in total funds under management. The FUM for Lonsec's listed investment solutions division ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... hit when the number of daily new cases, active cases and daily deaths began rising sometime around late November/early December last year. This prompted the Suga administration to announce a third stimulus package worth around US$708 billion, which includes ...

MySuper eyes growth asset returns

KARREN VERGARA  |  MONDAY, 18 JAN 2021
... significantly. Rainmaker saw MySuper's three-year volatility almost double from the 4.1% p.a. observed at the end of December 2019 compared to the 7.6% p.a. delivered at the end of September 2020.

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... reported positive net flows. Full year net inflows stood at $391 billion, of which about 32% came in the three months ending December. BlackRock's iShares ETFs stood at US$2.7 trillion following about $79 billion in December quarter flows. Only multi-asset ...

Quoted funds going strong at Mainstream

KANIKA SOOD  |  MONDAY, 18 JAN 2021
Mainstream said half of the 150,000 plus investors it services are now invested in a quoted fund, as it reports December quarter assets. Mainstream added $14 billion in funds under advice, four clients and 53 funds in the quarter ending December 2020. ...

Magellan continues fund restructure

ANNABELLE DICKSON  |  MONDAY, 18 JAN 2021
... option is exercised. Those eligible for the partnership offer must have been a unitholder in the Magellan Global Fund on 8 December 2020. The partnership benefits will be funded by Magellan and is open until February 23 while the expected date for the ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
... activity improved from the six-month low reading of 45.3 in November, it remains in contraction (below 50) at 49.1 in December. It was dragged down by a fourth straight month of contraction in the service sector to 46.4 due to the negative effects of ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... A$0.5bn) which should see platform flows inflect positive in 4Q CY20," the note read. Credit Suisse thinks the ERS's end in December 2020 should benefit the institutional platforms like IOOF, who were the most affected by the scheme. In individual platforms ...

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 ...