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Showing 1801 - 1810 of 7035 results for "December"

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
... further retrenchment in household spending - the index dropped to a reading of 71 in April - the lowest reading since December 2011 and the biggest monthly fall on record. Meanwhile, forced factory shutdowns, disruptions to their supply chains and reduced ...

Ethical fund manager wears $520m hit

HARRISON WORLEY  |  TUESDAY, 21 APR 2020
... fall in global equity markets. According to Rainmaker, around 21% of the $3.87 billion Australian Ethical managed as at December 2019 was invested in international equities. Specifically, the firm lost about $290 million from its superannuation arm and ...

Ironbark fund rating under review

KANIKA SOOD  |  TUESDAY, 21 APR 2020
... entity. The fund has been around since 2001 and has delivered strong long-term performance. The 10-year performance to December end of 7.15% (with maximum drawdown of less than 5%) was by far the best in its category, according to Morningstar. However ...

Recruitment, salaries slide in financial services

ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
... pace of hiring increasing still in January 2020. "We had jobs being filled on Christmas Eve, clients calling in work on December 31 and more roles to fill as soon as New Year's kicked over," he said. "We forecast increasing demand in the first half of ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... part-time basis for a term of up to five years and are eligible to be reappointed. Future Fund stood at $168 billion at December end, after returning 14.3% in 2019. It is currently searching for a new chief executive after long-time chief David Neal ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... quarter. The company's total operating expenses for the March quarter were about US$3 billion up from US$2.4 billion for December quarter. It skimped on marketing and promotional expenses (down US$40 million from previous quarter) but spent more in most ...

ETF demand boosts gold

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... highs. Rainmaker research shows that assets under management in gold ETFs has increased around 45.8% in the period from December 2019 to March 2020. Net inflows for the same period rose 574%, from $31 million in December last year to $209 million in ...

APRA-regulated fund or SMSF: It's all the same

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... the ATO said is something they have seen before. ATO assistant commissioner, Dana Fleming, said that from July 2019 to December 2019 there was a year-on-year increase in SMSF applications of 5.5%. "That's really interesting because whilst we have ...

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... financial hardship from quarantine, job losses, or childcare are able to take up to US$100,000 from their accounts until December 31 without having to pay the 10% penalty usually applied for early withdrawals by people below 59.5 years of age. Adviser ...

New ASIC guidance on active ETFs

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... the admission of new active ETFs with internal market making as it reviewed the sector, eventually lifting the ban in December. The regulator first raised its concerns about internal market making in 2018 when it published its review of the ETF industry ...