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Showing 31 - 40 of 737 results for "March 2013 quarter"

Bain Capital backs out of Insignia takeover race

MATTHEW WAI  |  WEDNESDAY, 14 MAY 2025
... Further, the update also follows Insignia seeing $5 billion drained from its funds under management (FUM) in the March quarter due to market volatility and institutional outflows. The wealth manager's FUM now sits at $321.8 billion.

Fed holds rates, but RBA still poised for a cut

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025
... Australia (RBA), Miller is anticipating a 25 basis point cut when the board meets towards the end of this month. "The March quarter consumer price index (CPI) was a good enough result for a 25 bp policy rate cut at the next RBA meeting on May 19-20 ...

Future Fund muscles past annual target return, lags in March quarter

ANDREW MCKEAN  |  TUESDAY, 6 MAY 2025
... target; though its quarterly performance undershot the benchmark. The sovereign wealth fund returned 1.2% for the March quarter, below the 1.9% target. However, over the long run, the fund has made a habit of beating the brief. It has returned 7.5% per ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... has yet to deliver on its full potential of building solutions for its clients to drive sales. For example, its March quarter annuity net book growth was 1% lower than Morgan Stanley's estimates and the total life book growth was negative, though ...

Adviser numbers jump in March quarter: Rainmaker

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
The March quarter saw a jump in the number of financial advisers in Australia, reaching 15,546, according to Rainmaker Information. During the three months, 228 advisers joined the industry, according to the latest Rainmaker Financial Adviser report. ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
... group's total FUM driven largely by inflows. Pennybacker's assets grew to US$4.7 billion ($7.3bn) in the March quarter from US$4 billion ($6.3bn) in the last quarter of 2024. Pacific Current executive director and acting chief executive Michael ...

Inflation figures point to May rate cut

ELIZA BAVIN  |  WEDNESDAY, 30 APR 2025
... rose 0.9% in the March 2025 quarter and 2.4% annually, according to the Australian Bureau of Statistics (ABS). "The March quarter increase of 0.9% follows two quarters in a row of 0.2% rises," ABS acting head of prices statistics Leigh Merrington said. ...

Perpetual Wealth Management adds five senior advisers

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... Management had more than $21 billion in funds under advice. This included net inflows of $0.9 billion during the March quarter. "Our business has grown year-on-year for the past decade and the industry is well-placed to grow, which will make high-quality ...

Generation Development Group enters ASX 200

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
... the milestone by entering the ASX 200. The group's funds under management (FUM) increased to $26.8 billion in the March quarter from $25.4 billion in December last year, following the acquisition and integration of Evidentia Group, according to an ASX ...

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
... institutional outflows shaved $5 billion off Insignia Financial's funds under management (FUM) last quarter. In the March quarter, Insignia Financial said about $1.8 billion of the $3 billion an institutional client poured into its domestic fixed income ...