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Showing 71 - 80 of 774 results for "June quarter"

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... remain below the RBA's target band. The trimmed mean annual CPI inflation measure accelerated to 1.6% in the June quarter from 1.1% in the previous one. The weighted median CPI inflation sped up to 1.7% from 1.3%. The advance estimate of US GDP growth ...

BlackRock hits US$9.5tn milestone

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
BlackRock's assets under management reached a record US$9.5 trillion ($12.8tn), cementing it further as the world's largest fund manager. The June quarterly update showed exchange-traded funds continue to be a driving force for the fund manager ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... billion. This is attributed to the global market recovery from COVID-19. The latest data comes as Netwealth ended the June quarter with a 12% increase in funds under administration and a 102% increase in inflows. The platform recorded $47.1 billion in ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
ASX-listed Pendal reported a $5 billion increase in funds under management in the June quarter, after outflows of $0.7 billion. The fund manager's June end FUM stood at $106.7 billion, as higher markets and currency impact added $5 billion over ...

Praemium to sell international business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
... financial year and the international platform grew 55%. Net platform inflows also hit a record $1.2 billion in the June quarter, $820 million of which came from Australia. Total funds under administration now sit at $41.7 billion.

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
Magellan Financial Group reported $351 million in net outflows in the June quarter. This included $260 million in net retail outflows and $91 million in net institutional outflows. Magellan ended the June quarter with $113.9 billion in total FUM, up ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. ...

Homebuyer schemes speed up saving time

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... 126,320 listings advertised for sale in the three months to June, 7.9% above the previous five-year average for the June quarter. However, in the same period, there were 167,450 sales nationally. This equates to one sale for every new listing on the ...

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
"They gathered for the feast They stab it with their steely knives, But they just can't kill the beast." - The Eagles, 'Hotel California' Only a few days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... these positive reactions in the financial markets. For while the BOE upgraded its GDP growth forecast to 5.5% in the June quarter from the 4.25% estimated in May and forewarned that "CPI inflation is expected to pick up further above the target... and ...