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Showing 3091 - 3100 of 7106 results for "June 2023"

HUB24 FUA exceeds 120% growth

KERRIE SYDEE  |  FRIDAY, 15 JUL 2016
HUB24 has reached $3.776 billion in funds under advice (FUA), an increase of 122% on 30 June 2015. The platform recorded record annual retail net inflows of $1.61bn in FY16, an increase of $813m or 102% on FY15. Quarterly net inflows were also up, $579m ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 JUL 2016
Australian employment The number of Australians who found jobs in June may have been less than market expectations - up 7,900 versus consensus forecast for a 10,000 increase - but the underlying details of the report provided positive underpinnings ...

BlackRock, Aviva receive ratings nod

KERRIE SYDEE  |  THURSDAY, 14 JUL 2016
The BlackRock Concentrated Industrial Share Fund has been awarded a 'Recommended' rating from Zenith, while the Aviva Investors Multi-Strategy Target Return Fund has received a 'Recommended' rating from Lonsec. The BlackRock Concentrated Industrial ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 JUL 2016
... 6.1% in July but the 5-year outlook was steady. While the unemployment expectations index increased to 1.9% in July from June (a negative for employment), it remains 4% lower than April's level and 8.0% down compared with its level in the same month ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 13 JUL 2016
... second quarter economy. The National Federation of Independent Business (NFIB) small business optimism index rose to 94.5 in June - the highest level since December 2015 - from 93.8 in May. This is higher than market expectations for an improvement to ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 JUL 2016
Australia housing finance The Australian Bureau of Statistics (ABS) reported that the total value of dwelling finance commitments increased by 1.0% in the month of May as a 3.9% jump in "investment housing" more than offset the 0.6% fall in lending"owner ...

AMP Life appeals Supreme Court ruling

ALEX BURKE  |  MONDAY, 11 JUL 2016
AMP Life has appealed a Supreme Court ruling preventing it from voting at the upcoming extraordinary general meeting for the AMP Capital China Growth Fund (AGF). The Supreme Court decided on June 22 that AMP Life, which holds roughly 36% of units in ...

DomaCom prepares to list on ASX

KERRIE SYDEE  |  MONDAY, 11 JUL 2016
Applications to invest in the underwritten initial public offering (IPO) of fractional property investment fund, DomaCom, have today opened. Aiming to raise $10 million with a minimum of $5 million from investors, the IPO prospectus was lodged with ...

Returning Fed hike expectations could be flattened by yield curve

BENJAMIN ONG  |  MONDAY, 11 JUL 2016
A big bounce in US employment gave the green light to investors and speculators to put risk back on onto their portfolios. Fear, it seems, has left the building... or driven out by the strong US jobs numbers. The VIX index closed 10.6% down to a reading ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...