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Showing 1761 - 1770 of 8245 results for "June"

Industry fund called out over board diversity initiatives

KARREN VERGARA  |  THURSDAY, 17 DEC 2020
... superannuation in November by MP Andrew Leigh, who questioned why board diversity initiatives take a backseat. APRA's June 2020 fund level superannuation statistics revealed Rest had the highest number of women members at 1.1 million. Of AustralianSuper's ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... across most of Australia," Seneviratne said. Residential assets rose $86.8 billion, recouping the losses experienced in the June quarter. Holding gains of $73.6 billion on residential assets reflected a rebound in property prices as social distancing ...

Active manager winning streak short lived

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... outperformed their respective benchmarks or consistently stayed in the top quartiles over three and five consecutive years. In June 2017, 203 actively managed funds were in the top quartile. Three years later, only 41 funds stayed at the top. Of the ...

Industry fund sees 252% increase in digital advice use

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 DEC 2020
... tool was the most used by members, with 38% of interactions being with that tool. "In the nine months from September 2019 to June 2020, our digital tools were used more times than they had been in the previous two years combined," Doyle said. "In fact ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
... previously had 50% more funds under management than ETPs and around triple that of managed accounts. In the five years to June 30, managed accounts grew 87% per annum, mfunds at 71% and ETPs at 51%, while LICs grew by just 12%. The managed accounts and ...

Key AMP executive resigns

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... is underway, an AMP spokesperson said. She will move into consulting work across the industry. She joined the AMP group in June 2018 as a director of strategic market and customer experience. Her experience in superannuation and wealth management covered ...

BNP Paribas wins custody mandate

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
... develop new custody models to meet clients' changing needs. Luxembourg-based Clearstream acquired Ausmaq in May 2019. In June of this year, Ausmaq was rebranded to Clearstream Australia. Ausmaq was purchased from NAB, making way for Clearstream to enter ...

ETF Securities shutters funds

ANNABELLE DICKSON  |  MONDAY, 14 DEC 2020
... Basket ETF - Currency Hedged (synthetic) (ASX: QCB). AMP Capital first launched the three active ETFs with BetaShares in June 2016 with the AMP Global Infrastructure Securities Fund (Managed Fund) (GLIN); AMP Capital Global Property Securities Fund (Managed ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... respectively. Over the September quarter, 5607 SMSFs were established with just 77 windups, compared to nearly 5000 windups in the June quarter. There are currently 591,905 SMSFs with a total of 1,112,109 members. From the member base, 53% are males ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... end-March 2022. The ECB also extended its TLTRO (targeted long-term refinancing operations) "by an additional 12 months, to June 2022... For the period from 24 June 2021 to 23 June 2022, the interest rate on all outstanding TLTRO III operations will ...