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Showing 1981 - 1990 of 7108 results for "December"

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... total AUM of circa €40billion (AU$65 billion) and generated revenue of €92.9 million (AU$149.9 million) as at 31 December 2019. Link Group said the transaction is expected to be double digit accretive to its earnings, with a further 5% to 6% accretion ...

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... at current US stats, there's a case for both. US GDP growth accelerated at an annualised quarterly rate of 2.1% in December 2019 (from 1.1% in 2018) and the unemployment rate dropped to a 50-year low of 3.5% (from 3.9%). Not to mention, Wall Street's ...

ASIC bans former Godfrey Pembroke adviser

HARRISON WORLEY  |  THURSDAY, 30 JAN 2020
... Register shows Cassidy worked for Godfrey Pembroke for almost eight years, having joined the firm in 2011. After leaving in December of 2017, Cassidy spent around six months at The Advice Exchange. Last week the regulator permanently banned fraudulent ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... Bureau of Statistics' (ABS) consumer price index report showed headline inflation inched to 1.8% in the year to the December 2019 quarter from 1.7% in the second quarter. While this is in line with market expectations, it remains below the bottom ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan and 11 regional centres between December 5 and December 11. "FASEA is pleased with the outcomes of the third exam and congratulates successful candidates on completing ...

Future Fund returns 14.3% for the year

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... marginally from most asset classes to increase its cash position from about 11.4% at last quarter to 13.7% at the end of December. Its asset allocation at December end sat at: Global equities (19% in developed markets and 10.2% in emerging markets) ...

VanEck launches first active ETF

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... levered countries and companies," Fine said. VanEck had about 20 ETFs listed on the ASX, totaling just under $4 billion at December end. About a quarter of its assets are in the VanEck Vectors Australia Equal Weight ETF (ASX: MVW). The ETF issuer has ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... last year alone. Meanwhile LICs and LITs have grown to over $53 billion, after growing almost 30% in the 12 months to December 2019. The consultation, which was announced by Treasurer Josh Frydenberg yesterday, will consider the merits of this exemption ...

GQG Partners hires insto director

ELIZA BAVIN  |  TUESDAY, 28 JAN 2020
... is a very exciting prospect." GQG manages around $40 billion in discretionary and advisory assets worldwide, as at 31 December 2019, with $4 billion of that representing 30 institutional investors around Australasia.

Aussie IPOs outperform benchmark

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... the year's IPOs, 19 were financial sector companies. On average, they returned 16.1% after one month and 12.3% by December 31. Fund manager VGI Partners was the highest returning financial sector stock with a 143% return by the end of 2019. Other ...