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Showing 501 - 510 of 2179 results for "In March"

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in March last year - which, itself, suggests greater investor confidence (i.e., lesser safe-haven purchases) in the revival of global ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... slower than previous corresponding period. Managed fund netflows for the March quarter were $32 million ($52 million in March quarter, $74 million in December 2020 quarter). Managed accounts net inflows were $889 million, which is higher than December ...

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
... decreased to 7.9% - below pre-pandemic levels. Monthly hours worked increased by 38 million hours to a record 1,800 million in March. To be sure, and according to Bjorn Jarvis, head of labour statistics at the ABS, "The data was collected during the ...

Equity Trustees adds new client

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... to focus on developing the strategy and interacting with our investors," said Gate Capital Group director Justin Jenk. In March, Equity Trustees announced the impending departure of Harvey Kalman as the head of business development, fund services and ...

Pendal gets $900m net inflows

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... Institutional channel for the Australian business returned from net outflows ($0.4 billion) to net inflows ($0.5 billion). In March, Pendal announced US-based Good as the replacement for Emilio Gonzalez, who will leave the company after nearly 11 years. ...

New lead for Mercer Sentinel

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... its outsourced due diligence and custody consulting business. Tricia Nguyen took on the role of head of Mercer Sentinel in March, replacing Peter Baker who transitioned to working part-time as a partner. Nguyen joined Mercer in 2015 and has been leading ...

ETFs crack $100bn

KANIKA SOOD  |  WEDNESDAY, 14 APR 2021
... in Australia, their total assets crossed $102 billion at the end of March. There are now 220 ETFs listed on the ASX. In March, their investors made roughly 18,685 ETF trades a day with average daily trading volume of $355.4 million. Their March end FUM ...

Chief economist update: Australia's confidence contagion

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2021
... survey was conducted from 19-31 March). Business conditions in Australia jumped from a reading of +17 in February to +25 in March. This is the highest reading on record boosted by equally record high scores in its sub-components - trading up 12 points ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... business activity surveys continue to indicate continued strong expansion - Markit Composite PMI rose to a reading of 55.5 in March (from 53.7 in February); the services PMI increased to 55.5 (from 53.4); the manufacturing PMI marked its 10th straight ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... sector activity - as measured by the composite PMI - remains in contraction (for the 14th straight month) and at 49.9 in March, only marginally from February's 48.2. The emerging fourth wave of coronavirus infections in Japan is to blame. Worldometer.info ...