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Showing 81 - 90 of 599 results for "December 2013 quarter"

Raiz Super regains losses

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The micro-investing platform grew its superannuation funds under management by nearly 15% in the December quarter despite the impact of the early release of super scheme (ERS). Raiz Invest's superannuation portfolio swelled to $81 million or 14% from ...

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
Perpetual's strategies saw $2.7 billion in net outflows in the December quarter, taking its total assets to $89.2 billion. The outflows were primarily from the institutional channel at $2.6 billion, while about $700 million came out of the intermediary ...

HUB24 posts record inflows

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
HUB24 picked up $1.7 billion net inflows, 24 new licensee agreements and 113 advisers in the December quarter. The $1.7 billion in net inflows is 26% higher than the September quarter and 37% higher than the December 2019 quarter. Meanwhile, strong ...

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... practical solution to tackle pension complexity in a simple manner." GDG reported $59 million in net inflows for the December quarter, and had $1.49 billion in total funds under management. The FUM for Lonsec's listed investment solutions division ...

BlackRock assets at record-high

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... months ending December. BlackRock's iShares ETFs stood at US$2.7 trillion following about $79 billion in December quarter flows. Only multi-asset products ended December quarter with negative net flows, losing $403 million. "Our strategic areas of ...

Quoted funds going strong at Mainstream

KANIKA SOOD  |  MONDAY, 18 JAN 2021
... Mainstream said half of the 150,000 plus investors it services are now invested in a quoted fund, as it reports December quarter assets. Mainstream added $14 billion in funds under advice, four clients and 53 funds in the quarter ending December 2020. ...

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 ...