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Showing 81 - 90 of 598 results for "December quarter"

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 ...

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 ...