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Showing 51 - 60 of 669 results for "September quarter"

Pendal FUM drops $12bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... strategy during the period. An additional $1.3 billion is expected to be funded by St. James's Place in the September quarter. "As a global fund manager, with differentiated style characteristics, growth-oriented funds were impacted during the period ...

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... quarter and more than doubling year on year to 109.5%. The surge was driven by sellers playing catch-up from the September quarter as lockdowns lifted, CoreLogic's research director Tim Lawless said, together with activity traditionally picking up ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... October 2020. The analysis also shows that 5% of products decreased fees multiple times during the period. The September quarter saw 159 products update their PDSs - more than the previous quarters. Of these, 21% increased fees, 25% decreased fees and ...

Economic recap: Week to December 3

BENJAMIN ONG  |  MONDAY, 6 DEC 2021
Australians all, let us rejoice... for despite the Delta-induced lockdowns in the September quarter, the domestic economy shrank by much less than most of us were expecting. The Australian Bureau of Statistics' (ABS) National Accounts report shows ...

AMP flags $325m performance hit

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... future strategic direction." She added that the charges are mainly non-cash and related to legacy issues. In its September quarter update, the group reported mixed results. The wealth management business saw $1.4 billion in outflows while the North platform ...

Unlisted unit trust conversions boost ETP sector

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... $1.5 billion) and Hyperion's Global Growth Companies Fund (with $2 billion) then followed suit. During the September quarter, Vanguard's Australian Shares Index ETF with $624 million and its MSCI Index International Shares ETF with $606 million ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation Funds of Australia retirement index shows. Couples aged 65 need $63,799 per year and ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... outflows for the fifth consecutive quarter. According to a new Morningstar note, AMP lost $69 million over the September quarter thanks to corporate issues at parent company AMP and investment team departures at AMP Capital. On November 5, Moody's ...

Adviser exits continue, industry recruits 50

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... 1629 advisers or 18% year on year, while the non-aligned sector netted a 5.2% loss of 653 advisers. During the September quarter, 595 advisers applied to be registered with a licensee while 778 ceased registrations. Overall, AMP Financial Planning (653) ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... stoked by the declining rate of unemployment - down to 4.0% in the June quarter (the lowest level since the September quarter of 2018. New Zealand's central bank raised the official cash rate to 0.5% from 0.25% following its October 6 board meeting ...