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Showing 31 - 40 of 631 results for "September quarter"

Pendal group chief executive to step down

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... after working at Perpetual. Good will remain based in Boston. Pendal ended 2020 with $97.4 billion (up 5.4% from September quarter) in group FUM. Net outflows took shaved off $1.6 billion and FX impact of stronger AUD took $2.7 billion. However, these ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... rebound in wages across Australia in the December quarter of 2020. Total wages growth rebounded from 0.07% in the September quarter to 0.6% in the final three months of 2020 quarter - the fastest quarterly increase in nine quarters. The annual growth ...

Iress hires head of corporate development

KANIKA SOOD  |  TUESDAY, 16 FEB 2021
... reported $14.5 million in net profit after tax for the three months ending September, compared to $14.6 million in September quarter last year. Year to date NPAT was $40.1 million, down 11% compared to the same period last year. Operating revenue grew ...

Risk inflows stay flat

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... painted a bleak picture with net profit after tax down 95.6% to $18 million while total revenue down 27.4% in the September quarter. The results are worse year on year with net profit after tax down $1.6 billion down from $220 million the previous year ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... economy continued to contract despite improving from -2.5% in the year to the December quarter from -2.8% in the September quarter and the sharp 9.0% drop in the June 2020 quarter. The US unemployment rate tells the same narrative. It's dropped to ...

Chief economist update: Inflation lifted by smokers with young children and homebuilders

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... Statistics reported that the country's headline inflation growth decelerated from the 1.6% quarterly rate in the September quarter to 0.9% in the three-months to December 2020. It would have been lower had it not been for smokers with young children ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... when it returned -5.1%. In 2020, Future Fund returned -3.4% in March quarter, -0.7% in June quarter, 1.1% in September quarter and 4.9% in December quarter. The main fund increased its cash position throughout 2020. At March end last year, it had 9.6% ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong markets added another $1.2 billion to the funds under administration. ...

Chief economist update: Japan's second state of emergency

BENJAMIN ONG  |  TUESDAY, 19 JAN 2021
... support, has allowed the economy to slowly recover. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% plunge in the previous three-month period); it's up by 5.3% quarter-on-quarter (from -8.3%) and its year-on-year ...

Quoted funds going strong at Mainstream

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... under advice, 362 clients and 1202 funds. Mainstream attributed the $14 billion or 6.6% increase in FUA from the September quarter to improvement in market conditions ($6 billion) and net inflows of $7.9 billion, including wins in US private equity and ...