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Showing 51 - 60 of 592 results for "December quarter"

Apex ups ante on Mainstream bidding war

ANNABELLE DICKSON  |  WEDNESDAY, 19 MAY 2021
... clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. "We are delighted with this result. It is beyond our expectations and our strongest quarter to-date," Mainstream chief ...

Mainstream bidding heats up

ANNABELLE DICKSON  |  THURSDAY, 6 MAY 2021
... clients and 1042 funds at March end, up 1% (five net new clients) and 13% (162 net new funds) respectively from the December quarter. "We are delighted with this result. It is beyond our expectations and our strongest quarter to-date," Mainstream chief ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... According to the ABS: "Annual inflation for the March 2021 quarter increased to 1.1% following a rise of 0.9% in the December quarter. Price rises in tobacco and furnishings were partially offset by falls in rents, automotive fuel and utilities." While ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... options of $19.267. Clime ended the March quarter with $1 billion in funds under management (up $55 million from December quarter), including LIC, individually managed accounts, separately managed accounts, managed funds and mandates. Funds under advice ...

Mainstream posts record quarter

KANIKA SOOD  |  MONDAY, 26 APR 2021
... clients and 1042 funds at March end, up 1% (five new net clients) and 13% (162 net new funds) respectively from the December quarter. The 21% or $27.4 billion increase in Mainstream's FUA came from: net inflows from clients of $41.7 billion and market ...

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... 2020 March quarter. The platform ended March with $53.4 billion in platform assets, up $1.7 billion from the December quarter. "We continue to improve the capabilities of North to support both AMP aligned and external financial advisers in servicing ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... Fidante Partners and internal and external manager CIP Asset Management, grew to $99.7 billion (9% growth over December quarter). Fidante Partners accounted for $78.8 billion of the $99.7 billion total FUM. Its boutique partners attracted $5.5 billion ...

State Street the largest institutional manager

KANIKA SOOD  |  MONDAY, 19 APR 2021
... the third-largest institutional manager changed from Macquarie Investment Management to IFM Investors in the December quarter. IFM Investors ended $106.8 billion in total assets, while Macquarie slipped to the sixth spot in local institutional FUM. Next ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Netwealth ended March 2021 with $41.8 billion in funds under administration, an increase of 50% over the prior corresponding period. Net inflows in FUA slowed down from $3.2 billion in previous corresponding period to $2.3 billion. Netwealth attributed ...