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Showing 141 - 150 of 779 results for "June quarter"

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
Outflows at ASX-listed funds management businesses like Pendal, Platinum and Perpetual slowed in June quarter but continued, with Magellan the only one in net inflows. Pendal Group reported net outflows of $2.5 billion in June quarter, followed by $723 ...

Financial services jobs show signs of recovery

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... permanent job opportunities in the quarter, at 19.4%. "All industry groups reported declining opportunities over the June quarter. The strongest performing sector was mining, construction and utilities, reporting a decline of just 3.2% over the quarter ...

IPOs halve off the back of COVID-19

ANNABELLE DICKSON  |  WEDNESDAY, 22 JUL 2020
... IPO Watch report. Of the 12 IPOs, nine listed during the market peak in February with the remaining three in the June quarter. Over $87 million was raised in the first quarter compared to $44.5 million in the second quarter. In addition, nine of the ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... Information has revealed the winners in the exchange traded product (ETP) market. Comparing data from the end of the June quarter to the same time last year, Vanguard remains the largest ETP manager in Australia with $20.5 billion. BlackRock is the second ...

Mainstream funds under custody up 79%

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) has ...

JobKeeper, JobSeeker to be extended

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... lockdown measures were costing the nation $4 billion per week with Treasury estimating GDP will fall 10% for the June quarter.

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... the benchmark index from its February low, and reversing the March quarter's 24.9% loss into a 17.4% gain in the June quarter, although it's still 11.8% down in the first six months of 2020." The IMF predicted that world economic output will drop by ...

Specialist platforms prosper in June quarter

ALLY SELBY  |  MONDAY, 20 JUL 2020
... the FY20 to hit $17.2 billion, despite negative market movements bleeding $600 million from the platform. In the June quarter alone, HUB24 experienced net inflows of $1.1 billion (up 11% compared to the same period last year), while its gross inflows ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... lifted indicators of economic activity. Let us count the ways: China's GDP expanded by 3.2% in the year to the June quarter following the previous quarter's 6.8% contraction and better than market expectations for a 2.5% increase. Although still ...

Perpetual top brass cop six-month pay cuts

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... benefits from the operating model cost savings," Perpetual chief executive and managing director Rob Adams said in a June quarter update. "As a part of that aim, effective 1 July, the Perpetual chairman and CEO [chief executive] have agreed to a 20% ...