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Showing 51 - 60 of 573 results for "December quarter"

GQG sees spectacular FUM growth

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... exception of the strong growth of GQG," Pacific Current chief executive Paul Greenwood said. GQG started the December quarter with $77.7 billion in total funds under management and ended the calendar year with $86.9 billion. Pacific Current did not break ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... year-on-year growth rate in the 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 ...

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

BENJAMIN ONG  |  THURSDAY, 28 JAN 2021
... with young children and building a house contributing to the pick-up in the consumer price index. To wit: "The December quarter CPI was primarily impacted by an increase in tobacco excise and the introduction, continuation and conclusion of a number ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
... 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% of its assets in cash. This ...

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The micro-investing platform grew its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from ...

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
Perpetual's strategies saw $2.7 billion in net outflows in the December quarter, taking its total assets to $89.2 billion. The outflows were primarily from the institutional channel at $2.6 billion, while about $700 million came out of the intermediary ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
HUB24 picked up $1.7 billion net inflows, 24 new licensee 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 ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... practical solution to tackle pension complexity in a simple manner." GDG reported $59 million in net inflows for the December quarter, and had $1.49 billion in total funds under management. The FUM for Lonsec's listed investment solutions division ...

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... months ending December. BlackRock's iShares ETFs stood at US$2.7 trillion following about $79 billion in December quarter flows. Only multi-asset products ended December quarter with negative net flows, losing $403 million. "Our strategic areas of ...

Quoted funds going strong at Mainstream

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... Mainstream said half of the 150,000 plus investors it services are now invested in a quoted fund, as it reports December quarter assets. Mainstream added $14 billion in funds under advice, four clients and 53 funds in the quarter ending December 2020. ...