FUM

Funds management

In the first full month since the exit of chief executive, David George, Magellan has reported a rise in funds under management for the first time since January 2023. ...

People & Products

While retail market leaders like Insignia had moderate increases, there were at least five platforms with significant rises in the last financial year, including BT’s $3...

Funds management

A large redemption by a UK pension fund has failed to dent the funds under management of GQG in July, as it makes a bid for Pacific Current Group. ...

Financial planning

Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...

Funds management

Magellan Financial Group has seen flat net institutional flows for the first time in a year while Australian equities outflows have moderated after significant outflows i...

Funds management

GQG has seen funds under management rise by almost US$4 billion, thanks to net inflows and strong investment performance....

Funds management

GQG Partners has reported positive net inflows of US$8 billion for 2022 while net revenue has increased by almost 10%....

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Funds management

Fund manager GQG Partners has announced its latest funds under management for January, starting off the year with a positive 4.5% uplift....

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Funds management

Only half of the cost synergies proposed by the Pendal/Perpetual acquisition are likely to be achieved, according to Morningstar, but combined FUM could reach $283 billio...

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Funds management

GQG has become the latest fund manager to report a downturn in funds under management as the result of institutional client withdrawals....

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Funds management

Pendal Group’s funds under management have fallen by $13.9 billion in the June quarter due to fund redemptions driven by client caution and sustained market challenges....

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Funds management

GQG has recovered assets lost in April this month with funds under management rising by 4.6%....

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Funds management

Magellan Financial Group has lost $6.4 billion in less than two weeks as chair and chief investment officer Hamish Douglass takes ‘leave of absence’....

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Funds management

Perpetual has announced that its total assets under management stood at $102.8 billion in Q2, up 1.8% on the prior period, with all divisions showing growth....

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Funds management

The “willingness” of self-managed super funds to consider alternative property sectors has led DomaCom to see its funds under management reach $100 million....

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MARKET INSIGHTS

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