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Search ResultsShowing 51 - 60 of 100+ results for "June quarter"
Mainstream funds under custody up 79%
ALLY SELBY  |  TUESDAY, 21 JUL 2020
... Funds administration services provider Mainstream Group Holdings saw its funds under custody increase 79% during the June quarter, with net funds increasing by 36 compared to March 2020. Over the past 12 months, its funds under administration (FuA) has ...
JobKeeper, JobSeeker to be extended
ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... lockdown measures were costing the nation $4 billion per week with Treasury estimating GDP will fall 10% for the June quarter.
Aussie equities stage recovery
ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... the benchmark index from its February low, and reversing the March quarter's 24.9% loss into a 17.4% gain in the June quarter, although it's still 11.8% down in the first six months of 2020." The IMF predicted that world economic output will drop by ...
Specialist platforms prosper in June quarter
ALLY SELBY  |  MONDAY, 20 JUL 2020
... the FY20 to hit $17.2 billion, despite negative market movements bleeding $600 million from the platform. In the June quarter alone, HUB24 experienced net inflows of $1.1 billion (up 11% compared to the same period last year), while its gross inflows ...
Chief economist update: China recovery would have been good for Oz
BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... lifted indicators of economic activity. Let us count the ways: China's GDP expanded by 3.2% in the year to the June quarter following the previous quarter's 6.8% contraction and better than market expectations for a 2.5% increase. Although still ...
Perpetual top brass cop six-month pay cuts
KANIKA SOOD  |  FRIDAY, 17 JUL 2020
... benefits from the operating model cost savings," Perpetual chief executive and managing director Rob Adams said in a June quarter update. "As a part of that aim, effective 1 July, the Perpetual chairman and CEO [chief executive] have agreed to a 20% ...
Top equities managers revealed
ALLY SELBY  |  THURSDAY, 16 JUL 2020
... value managers like Merlon Capital Partners and Dimensional Fund Advisors were also within the upper quartile in the June quarter."
Australian Ethical posts record results
ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... the financial year, despite challenging market conditions bleeding $20 million from the investment manager. In the June quarter alone, FUM increased by 12.9%, up from $3.59 billion at the end of March. It comes despite a $40 million drawdown on the manager's ...
Netwealth booms amid pandemic
ALLY SELBY  |  FRIDAY, 10 JUL 2020
... during March due to the disruption caused by COVID-19, Netwealth saw a reversal in June. "Pleasingly, during the June quarter Netwealth experienced a gradual improvement in net inflow momentum, with June monthly net inflows returning to the same levels ...
Chief economist update: A tale of two quarters
BENJAMIN ONG  |  FRIDAY, 3 JUL 2020
... best of times... Fast forward three months and every single index has rallied into a bull market at the end of the June quarter: The S&P 500 rallied by 20.0%; the DJIA by 17.8%; the Nasdaq by 30.6%; and the Russell 2000 by 25.0%. Those who turned greedy ...
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