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Showing 51 - 60 of 100+ results for "March"

ASIC spells out IDR reporting

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... identifying emerging issues. ASIC is now urging financial firms to map their own complaints systems to the data dictionary. In March 2019, ASIC released CP 311, which set out proposed new standards and requirements for internal dispute resolution, including ...

Bank rebound buoys Aussie equities funds

ELIZABETH MCARTHUR  |  MONDAY, 19 JUL 2021
... and Westpac. "While the second half of 2020 was a strong period for quality/growth managers, as markets rallied from the March 2020 Covid lows, the last six months of the financial year have seen a recovery in value stocks, and in particular financials ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... Statistics (ABS) reports that the country's unemployment rate dropped to an 11-year low of 4.9% in June - below the March 2020's (when the pandemic and lockdowns began) 5.3% and the eight-consecutive month of decline in the jobless rate. Overseas ...

PineBridge launches Asia small caps fund

KANIKA SOOD  |  FRIDAY, 16 JUL 2021
... Asset Allocation fund, which it launched in a locally domiciled version in 2014. It now has US $1.1 billion in assets (as at March end) and has won mandates from Prime Super and MTAA Super. This was followed by PineBridge Senior Floating Rate Income ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... Templeton Global Growth Fund (TGG). WGB is already a shareholder in TGG and wants to acquire the shares it does not hold. In March, TGG said it was considering a range of options to salvage shareholder value after a period of poor returns and consistent ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
Platforms have seen strong increases in funds under management over the year to March 2021, new research shows. Plan For Life's latest analysis of wraps, platforms and master trusts revealed the leading market players all saw a rise in FUM. BT took ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
... strength of the US region and its potential for future growth from the perspective of flows, FUM, and margins.." he said. In March quarter, Pendal reported a "turnaround" in its net flows, as it received $900 million in net flows during the quarter.

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... research from Vanguard and Investment Trends found that SMSF assets have rebounded to an all-time high of $787 billion in March 2021 following COVID-induced losses last year ($694 billion in March 2020). The total number of SMSFs also continues to grow ...

Alternatives, equities dominate mandates

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
Not-for-profit superannuation funds appointed 377 mandates in the 12 months ending March, with alternatives and Australian equities winning the lion's share. By number, alternatives mandates were the popular (46% of 377), followed by equities (29%) ...

Plato wins $3.9bn mandate

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
... to Plato Investment Management. Colonial First State FirstChoice Lifestage made the allocation to the Sydney boutique in March, with the amount totalling $3.9 billion at June end. Plato replaced First Sentier's RealIndex for the mandate, which continues ...