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Showing 151 - 160 of 739 results for "March quarter"

Ironbark fund rating under review

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... alternatives fund from Ironbark has been put under review at Morningstar as the ratings house waits for clarity on March quarter performance. The Ironbark LHP Diversified Investments invests in 25 to 50 sub-managers of alternative strategies to build ...

CBA Group Super posts -7.7% returns for March quarter

KANIKA SOOD  |  MONDAY, 20 APR 2020
CBA Group Super's balanced option returned -7.7% in March quarter amid COVID-19 volatility, pushing its one-year returns into the negative territory while longer-term remain buoyant. The average not-for-profit superannuation fund's posted -9% ...

Increased customers, incoming crypto: Raiz

ALLY SELBY  |  MONDAY, 20 APR 2020
... their trust in the platform amid the COVID-19 crisis, with its total customers and activity increasing during the March quarter. "For this outcome we can only offer you our sincere thanks," Raiz managing director and chief executive George Lucas said. ...

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... year 2020. But that's generous compared with the officially reported 6.8% slump in Chinese GDP in the year to the March quarter, not surprisingly due to a near two-month long freezing of all non-essential business activity. To be sure, the sharp contraction ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million in net income for the first quarter ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
Investors pulled out $3.9 billion from Pendal Group's strategies in the March quarter, led by Westpac redeeming about $1.3 billion in February as it consolidates its superannuation products. Pendal Group went from managing $101.4 billion at December ...

GDP to contract 10%: CBA

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
Commonwealth Bank chief Matt Comyn said the bank is anticipating a 10% contraction of GDP in the March quarter, doubling his prediction from last week. Last week Comyn had predicted a 5-6% impact on the economy but said he revised his prediction due ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... economy, practically ensuring another recession, with economists predicting an annualised contraction of 1.2% in the March quarter this year. There's also the risk that the Tokyo 2020 Olympics - scheduled for July this year - will be cancelled. If ...

RBA expected to cut again; maybe even tomorrow

ELIZA BAVIN  |  MONDAY, 2 MAR 2020
... through Europe and the Middle East, that looks unlikely." Shane Oliver, chief economist at AMP Capital, said that March quarter growth is already likely to have been depressed by the COVID-19 outbreak via the hit to tourism from China in particular. ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... New Year holiday on February 10," Apple said. "We do not expect to meet the revenue guidance we provided for the March quarter." Apple pointed to a slowdown at manufacturing sites for the downgrade, leading to iPhone supply shortages globally, which ...