FUM

Funds management

Having listed on the ASX last October, GQG has announced it ended the year with US$91.2 billion in funds under management....

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Funds management

Magellan Financial Group has seen outflows of $1.5 billion in the December quarter, in addition to a $23 billion reduction from the termination of a mandate with St James...

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Funds management

Pinnacle Investment Management has acquired convertible redeemable preference shares that would give it a 25% equity stake in Australian-based private equity, Five V Capi...

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Funds management

Funds under management at Pendal have risen to almost $140 billion although sub-advised channels contributed to outflows as clients took profits....

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Financial planning

ClearView has announced underlying net profit after tax is up 54% to $22.7 million but operating earnings for its financial advice arm were down 58% as it sells it to Cen...

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Funds management

EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year. ...

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Funds management

The total real estate assets under management of Australian managers hit $307.4 billion in 2020 and were 2.7% down compared to the prior year. ...

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People & Products

Funds under administration for the Macquarie Wrap platform has passed a billion dollars this year....

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Funds management

Net inflows, strong performance, higher market contributions, and a positive currency impact has led to the 4.4% funds under management growth for the group. ...

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Funds management

Australian Ethical has announced its funds under management has reached over $5 billion during the first half of FY21....

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Funds management

Netwealth’s funds under administration net inflows increased 36.1% last year to $9.2 billion. ...

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Funds management

Fiducian Group has reported a $600 million increase in funds under management, advice and administration while revenue was up 11% counting year-on-year. ...

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Funds management

Magellan has announced the development of lower cost investment alternative for retail investors, which will be a series of diversified investment strategies. ...

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Funds management

The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....

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Funds management

Platform provider Netwealth is asserting robust financial health in the face of COVID-19 and impacts on inflows....

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MARKET INSIGHTS

Interesting. Would be good to know the details of the StrategyOne deal....

3 days 20 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 1 day ago

increased professionalism within the industry - shouldn't that say, FAR register almost halving in the last 24 months he...

4 weeks 1 day ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 3 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 days 18 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

1 day 21 hours ago