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Showing 1811 - 1820 of 8245 results for "June"

NAB Asset Servicing signs up to Charles River

KANIKA SOOD  |  WEDNESDAY, 11 NOV 2020
... It has provided custody services since 1950 and global custody and investment administration services since 1975. Up until June 2016, NAS was the largest custodian in Australia, when it was overtaken by J.P Morgan which has since remained in the top ...

CBA feels pressure of low rates, profits down

ANNABELLE DICKSON  |  WEDNESDAY, 11 NOV 2020
... and government support with just 46,000 loans totalling $19 billion in deferral, down from 125,000 totalling $49 billion in June. The bank's common equity tier one ratio increased 20 basis points to 11.8% after the $1.7 billion payment in final dividends ...

PPS Mutual hires from Synchron

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
... business model and principles of mutuality. PPS Mutual hired Arthur Tang as senior business development for Queensland in June and last year appointed Steve Salter as state manager for Western Australia and South Australia.

Morningstar's conviction weakened on BlackRock fund

ANNABELLE DICKSON  |  FRIDAY, 6 NOV 2020
... analyst's conviction in the stock with the liquidity profile to decide on appropriate weightings. Despite exiting in June, the fund's high exposure to Webcentral Group and Gentrack Group, which had their market capitalisations shrink were costly ...

Ord Minnett acquires E.L. & C. Baillieu

ELIZA BAVIN  |  FRIDAY, 6 NOV 2020
... C. Baillieu team." Chair of E.L. & C. Baillieu Jo Dawson said, after running an independent and successful process since June this year, she is delighted to announce the shareholders of E.L. & C. Baillieu voted in favour of the transaction. "The transaction ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... charged about 72 bps per year in management fees and 10.25% in performance fee. Its assets only reached about $12 million at June end, while the flagship fund managed about $836 million. "At the time [August 2017], we anticipated significant demand for ...

Chief economist update: China's vote for US president

BENJAMIN ONG  |  THURSDAY, 5 NOV 2020
... are still under. After contracting by 6.8% in the year to the March 2020 quarter, China's GDP expanded by 3.2% in the June quarter and strengthened even more to 4.9% in the September quarter. Latest PMI surveys indicate that the fourth quarter would ...

AMP Capital bids farewell to active ETFs

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... achieved sufficient scale since inception," the two said in ASX filings. AMP Capital waded into active ETFs with BetaShares in June 2016. It had three funds: AMP Global Infrastructure Securities Fund (Managed Fund) (GLIN); AMP Capital Global Property ...

Super funds bullish on hiring

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
... superannuation fund executives told the specialist recruiter that hiring activity ceased in the three months to October. Since June, recruitment activity has jumped by 47%, while for the majority (68%) of larger super funds with over 500 employees recruitment ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... reach the pre-pandemic level of output. In the central scenario, GDP growth is expected to be around 6% over the year to June 2021 and 4% in 2022. The unemployment rate is expected to remain high, but to peak at a little below 8%, rather than the 10% ...