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Showing 61 - 70 of 573 results for "December 2015 quarter"

Pendal reports $1.6bn in net outflows

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Investors pulled $1.6 billion net from Pendal Group's strategies in the December quarter, but total funds under management grew 5.4% to hit $97.4 billion as performance picked up. The net outflows of $1.6 billion were mostly from the JO Hambro Capital ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

Chief economist update: Government spending made money, saved money

BENJAMIN ONG  |  FRIDAY, 18 DEC 2020
... next two years - 4.25% versus 3.25%. "The unemployment rate, forecast in the 2020-21 Budget to peak at 8% in the December quarter, is now forecast to peak at 7.5% in the March quarter 2021, with both employment and the participation rate higher than ...

Household wealth hits record high

ELIZA BAVIN  |  THURSDAY, 17 DEC 2020
... Amanda Seneviratne said the September quarter estimate surpassed the previous high of $11.24 trillion recorded in December quarter 2019. Residential assets, deposits and superannuation balances all saw increases in the quarter and were the main contributors ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
... allocations, top ups to existing ones and deferred allocations. "We don't make predictions [about institutional flows in December quarter]. We always have to remember that institutional flows can be very lumpy and hard to predict," he said. "What we ...

Frydenberg focusses on jobs, jobs, jobs

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... level in 2021-2022. The government's economic modelling expects unemployment to peak at around 8% in the December quarter of this year, before falling over the next few years as the economy recovers. Without support like the JobKeeper program, the ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... pandemic, it maintained its assumption that iron ore prices will drop to US$55.0 per tonne by the end of the December quarter 2020. Anything could happen between now and the end of the year but given China's strengthening economy, chances are iron ...

S&P DJI rebalances S&P/ASX Indices

ALLY SELBY  |  FRIDAY, 4 SEP 2020
S&P Dow Jones Indices has announced its quarterly rebalance of ASX indices, effective at the open of trade on September 21. The quarterly rebalance will see two new additions to the S&P/ASX 20 Index; those being Coles Group and Fortescue Metals. The ...

Early release of super extended

ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... outlook remains very uncertain..." He said the official unemployment number is expected to peak at 9.25% in the December quarter, after accounting for Victoria's six-week lockdown "Without the government's [support] measures, unemployment would ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... flows, which at $4.4 billion were the second highest ever recorded. The highest net flows to ETPs occurred in the December quarter of 2019 which saw $4.8 billion in inflows. Equities as an asset class within ETPs though, had the highest net flows on ...