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Showing 491 - 500 of 2179 results for "In March"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... re-entering the labour market. There's the cheque for US$1200 per person (plus US$500 per child) issued under the CARES Act in March 2020; there's the cheque for US$600 per person (US$600 per child) announced in December 2020; there's the ...

WTW launches working group

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... Watson has launched a working group that actively seeks opportunities in the public-private equity space. Established in March, one focus area for the working group is the potential for a new type of passive or beta offering within private equity that ...

Pengana appoints manager for global equities

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
... US-based fund manager to its global equities assets, after Jordan Cvetanovski and Steven Glass's surprise walkout in March. Connecticut-based Axiom Investors will manage the two funds: Pengana International Ethical Fund and Pengana International ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... surveys. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to a record high of 63.3 while the services PMI went up to a reading of 50.3 - ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... chair of the audit risk committee for Citadel Group. The appointments come as OpenMarkets expands its team from just 17 in March 2020 to now 88 people and prepares for an IPO. It also acquired financial adviser platform InvestFit which it will rebrand ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... recovering faster than expected and the labour market has improved significantly. The unemployment rate dropped to 5.6% in March after jumping to 7.5% in July last year -- its highest level in 22 years. This jobless rate remains insufficient to drive ...

AMP Capital shutters dud fund, Naeimi departs

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... since climbed back, according to Morningstar data. The most recent fund update shows it returned 23.67% year on year in March 2021, and 5.71% gross of fees since inception for wholesale investors. Its objective was 6.47% since inception.

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
... that's a 14.9% increase from the start of 2021 and a stupendous 128.5% surge from the pandemic low of US$78.33 recorded in March last year. No prize for the whys and wherefores but as it was then, it's still China's need for steel that's ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... record. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's manufacturing PMI rose to a record high of 63.3 while the services PMI went up to a reading of 50.3 - the ...

Defined benefit fund in SFT

ELIZABETH MCARTHUR  |  FRIDAY, 23 APR 2021
... Trustees will cease as trustee as new trustee Mercer Superannuation takes over. Members were notified by Equity Trustees in March and will be automatically transferred to the new plan on 29 April 2021, unless they choose to exit the fund prior to that ...