The Institute of Managed Accounts Professionals will conduct a census of institutions and AFSLs to gauge the FUM invested through managed accounts for 2016. ...

Trustees Australia and fintech operator, Cashwerkz, have announced a merger under which established businesses would buy a new platform and distribution network. ...

Low cost passive FUM has grown by 271 per cent, but IOOF has warned advisers to look beyond costs to achieve clients’ objectives. ...

ETMFs were growing 350 per cent faster than mFunds and the industry would double over the next 18 months but active managers should develop more ETMFs....

AMP’s North wrap products, North and MyNorth, have hit $25 billion in funds under management....

XTBs corporate bonds available on the ASX have reached over $100 million in FUM, on the back of increased adviser demand, according to ACBC. ...

Investment platform provider, Praemium, has today announced its successful acquisition of UK pension provider, Wensley Mackay Limited....

Australia’s ETF industry has smashed through its previous record and hit $24.1 billion FUM, with $580 million in inflows in September, according to BetaShares....

Netwealth, has exceeded $10 billion in funds under management following a strong quarterly result....

The managed accounts market in Australia is expected to continue to grow quickly with the total FUM held in managed accounts to exceed $30.9 billion, according to IMAP....

The ETF industry FUM has hit a new high of $23.6 billion, while 25 new products were created in August, according to BetaShares. ...

The Australian exchange traded funds sector hit a new record of $23.2 billion demonstrating strong growth across all metrics in May, according to BetaShares....

FUM in super and retirement incomes sector posted a fall of 3.4 per cent at the end of March as negative earnings more than offset new money flow, according to DEXX&R....

VanEck’s equal weight exchange traded fund, which invests outside the top 10 companies, has doubled its FUM in six months....