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Showing 1551 - 1560 of 7108 results for "December"

Ian Macoun sells $83m of Pinnacle shares

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... sale. On February 3, Pinnacle reported 14% year on year growth in its total funds under management to $70.5 billion at December end. Net profit after was up 120% to $30.3 million. PNI shares continued to climb up in the next three trading days, trading ...

Antares promotes on equities team

KANIKA SOOD  |  TUESDAY, 9 FEB 2021
... listed in the S&P/ASX 20 Total Return Index) since May 2015 inception. One year returns for the strategy sat at 16.2% to December end compared to the benchmark's 1.2% over the period. Its biggest holdings are in metals and mining (19.2% of the total ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... added 49,000 jobs in January -- lower than market expectations for a 50,000 increase and followed the 227,000 lost in December 2020....and the clincher: "I've spent many years studying inflation and worrying about inflation, and I can tell you, we ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... Over the duration of the scheme, $37.3 billion was removed from the superannuation industry from 20 April 2020 to 31 December 2020. The ERS scheme surpassed Treasury's initial estimates of $29 billion but has fallen short of its revised estimates of ...

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

BENJAMIN ONG  |  MONDAY, 8 FEB 2021
... January. This is lower than market expectations for a 50,000 increase and followed the distribution of 227,000 pink slips in December 2020. What is more, is that downward revisions in November and December showed there were less 159,000 less Americans ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... provisional advisers currently on the ASIC Financial Adviser Register - no match for the 7600 that have left the industry since December 2018, according to the submission. "More needs to be done to ensure that they are being replaced by new advisers ...

Pinnacle reports bumper first half

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... withstood the disruption of COVID-19. Funds under management for the ASX-listed firm grew to $70.5 billion at the end of December 2020 or 14% year on year. The majority of its FUM comprises the institutional business, which reached $53.8 billion at the ...

JPMAM unveils sustainable fund

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... fund launched in Europe in August 2019, which returned 3.72% per annum, well above the benchmark's -0.52% p.a. as at December 2020. It currently has a 44% holding in bonds, 38% weighting to equities and 15% investment in cash. JPMAM head of Australia ...

Fund manager expands, hires two executives

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... in companies involved in disruptive innovation is the key to outperformance." Titley joined the Sydney-based firm in December, responsible for executing Holon's local distribution strategy. He was recently an associate director at Westpac's institutional ...

AMP Capital lags on sustainable inflows

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australasian sustainable funds sector reported a record $1.8 billion of inflows throughout the December quarter but AMP Capital missed out on the rush. Morningstar's latest Sustainable Investing Landscape for Australian Fund Investors revealed AMP ...