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Showing 31 - 40 of 741 results for "March 2015 quarter"

Investor optimism premature, fund flows in firing line

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
... for asset managers, Morningstar predicts. The latest Industry Pulse shows how fund manager flows dwindled in the March quarter and are expected to remain more volatile compared to 2024. "Uncertainty stemming from US tariffs - reflected in ongoing trade ...

Government to convene a productivity roundtable

ANDREW MCKEAN  |  WEDNESDAY, 11 JUN 2025
... persist, and on an annual basis is actually going backwards. The latest quarterly data shows GDP per hour flat for the March quarter and remaining at minus 1% for the year," McKellar said. "The business community looks forward to participating in the ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... income insurance (IDII), at the superannuation and ordinary business level, made $1.1 billion in revenues in the March quarter, holding steady on a quarterly basis and year on year. Group disability income insurance made $697 million in revenues for ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... the quarter. Total contributions rose from $177.2 billion to $202.8 billion over the year, a 14.5% jump. For the March quarter, however, contributions came in at $46.8 billion - by comparison, they were $23.8 billion a decade ago and just $12.1 billion ...

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 ...