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Showing 31 - 40 of 774 results for "June 2013 quarter"

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... management (FUM) over the last financial year. Generation Life received over $200 million in total inflows in the June quarter alone, setting an all-time sales record for both investment bonds and lifetime annuities during the period. The investment ...

Insignia Financial flags more remediation ahead

JAMIE WILLIAMSON  |  MONDAY, 22 JUL 2024
... million in expected GST refunds on remediation payments, the company said. Insignia Financial lost 14 advisers in the June quarter, with its total adviser network now at 1086. This comprises 483 self-employed (licensed) advisers, 403 self-licensed advisers ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... to fire the interest rate increase gun, just as the men line up for the 100 metre final in Paris, presuming that June quarter inflation reflects the same trend," Mickenbecker said. "The CPI rose 1% in the March 2024 quarter from 0.6% in the December ...

HUB24 hits $100bn milestone

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... which $800 million migrated during the quarter. Between $1.7 billion and $3 billion of FUA is due to migrate in the June quarter. Investment Trends named HUB24 as the best full-function platform in 2023, narrowly beating Netwealth. Praemium, BT Panorama ...

Netwealth's share price rises following strong inflows

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... 75 th birthday. He intends to do this by June 30. Looking ahead, Netwealth projects robust inflows for FUA in the June quarter, driven by several large transitions, heightened seasonal flows, and increased market activity. It also highlighted the rapidly ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... company's annualised half year expense base of some $96 million. Such savings will likely materialise in the June quarter and "generate a material impact" on the 2024 financial year profit as the bulk of savings will progressively be realised in ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... it outlined. Further, annual food inflation also subsided and dropped to 4.8% in September, down from 7.5% in the June quarter and the peak of 9.2% in December 2022. Housing costs remained elevated with a 6.1% increase, accompanied by a 5.9% rise in ...

Magellan FUM, share price tumble

ANDREW MCKEAN  |  FRIDAY, 6 OCT 2023
... global equities strategy, which Rainmaker Information research revealed to have outflows of $763 million during the June quarter. However, Magellan chief executive David George said that the fund manager has begun to see early signs of a performance ...

Smart beta 'taking over' active management share: VanEck

ANDREW MCKEAN  |  THURSDAY, 5 OCT 2023
... Interestingly, the chief contributor to this decline was the Magellan Global Open Fund haemorrhaging $763 million in the June quarter. Further illustrating the shift in investment preferences, Neiron reiterated that smart beta strategies are on the rise. ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... the impacts of previous hikes. Since, the Australian Bureau of Statistics has revealed GDP increased by 0.4% in the June quarter, mainly offset by exports and investments. While the recent pause may have caused temporary relief, the RBA warned that despite ...