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Showing 11 - 20 of 598 results for "December quarter"

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
Despite a near 10% fall in electricity prices in the December quarter, the Association of Superannuation Funds of Australia (ASFA) data indicates the cost of maintaining a comfortable retirement has increased further over the past 12 months. The cost ...

GDP edges higher, but for how long?

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
Australian gross domestic product (GDP) rose 0.6% in the December quarter 2024 and 1.3% through the year, according to the Australian Bureau of Statistics (ABS). "Modest growth was seen broadly across the economy this quarter. Both public and private ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... will be announced, judging from the most recent inflation data. The Consumer Price Index (CPI) rose 0.2% in the December quarter and 2.4% annually. Meanwhile, annual trimmed inflation fell to 3.2%, which is notably lower than the RBA's expectation ...

SMA registrations double in three years: Data

JAMIE WILLIAMSON  |  FRIDAY, 31 JAN 2025
... five-year average, indicating a consistent trend of new product issuance. "While overall registrations for the December quarter are in line with the five-year rolling average, it is again managed accounts which continue to see exponential growth, a trend ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... Bernard Reilly acknowledged the asset manager's performance was a mixed bag. "There was a mixed performance in the December quarter across our three businesses. In our asset management business, while AUM increased by nearly 4%, supported by positive ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... said. "And if you look at the underlying measure, the trimmed mean measure, it was 3.2% through the year to the December quarter, down from a revised 3.6%. If you look at the trimmed mean number in the quarter, it almost halved. It's now 0.5% and that ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... (ETF), a new report found. According to Morningstar's Industry Pulse report on listed asset managers for the December quarter, active managers are losing shares in traditional equity and fixed income strategies. Although the net flows have improved ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
The consumer price index (CPI) rose 0.2% in the December quarter and 2.4% annually, the Australian Bureau of Statistics (ABS) has revealed. The most significant price rises in the quarter were recreation and culture (+1.5%), and alcohol and tobacco ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
Regal Partners' funds under management (FUM) increased 4.6% in the December quarter, bringing the company's total FUM to $18 billion in 2024. Net inflows in Q4 24 were $720 million, a record quarter for the group, Regal said. Despite the investment ...