funds under management

Funds management

GQG Partners has reported funds under management have remained resilient amid “heightened interest” around its backing of Adani Group, which led its shares fall 20 per ce...

Funds management

Magellan reaches highest FUM in 15 months

Magellan has seen its funds under management surpass $39 billion to the highest volume since August 2023, helped by three fund launches in association with Vinva Investme...

Funds management

PAC eyes accretive opportunities for long-term growth

Pacific Current Group has used its AGM to detail its long-term growth plans after a period of multiple divestments and the progress of plans for a share buyback....

Funds management

Platinum returns to FUM decline as it awaits revised Regal bid

Platinum Asset Management has announced its funds under management fell during October, a return to outflows after a gain in the previous month. ...

Funds management

GQG sees first FUM decline in 12 months

GQG Partners has reported a decrease in its funds under management as at 31 October, its first fall since October last year....

Funds management

Magellan FUM flat as firm launches 2 funds

Funds under management at Magellan Financial Group were unchanged in October as the firm launched its first two funds with Vinva Investment Management....

Funds management

Australian private markets manager detracts from Pacific Current FUM

Outflows from an Australian private markets fund manager have caused FUM at Pacific Current to decline by $1 billion in the last quarter. ...

Funds management

Australian Ethical sees 24% quarterly FUM rise

Australian Ethical’s acquisition of Altius Asset Management has helped its funds under management grow to nearly $13 billion over the September quarter....

Funds management

ETFs surpass $3bn in monthly flows for the first time

Monthly net flows into ETFs have surpassed $3 billion for the first time in July, as investors utilise the new financial year as an opportunity to enhance their portfoli...

Funds management

The asset managers seeing the largest FUM growth

Listed fund managers have shared their final funds under management tallies for FY24 and how much they have grown during the year....

Funds management

Private markets division boosts Pengana’s FY24 FUM

Pengana Capital Group has reported funds under management of $3.3 billion at the end of June, helped by the launch of two private market funds....

Funds management

Platinum shares FUM update for FY24

Platinum Asset Management has shared an update on its “growth and reset” turnaround strategy and FUM at the end of the financial year. ...

Funds management

Magellan sees return to positive FUM growth

Funds under management at Magellan have returned to growth in May after a lull in April....

Financial planning

Managed accounts approach $200bn with strong H2 gains

Managed accounts grew by $33 billion in the second half of 2023, double the volume that they grew in the previous six months, according to IMAP. ...

Financial planning

HUB24 forecasts record net inflows for FY24

HUB24’s underlying NPAT was $30.4 million in the first half of FY24 while the firm is expecting net inflows to double in the second half to reach a full-year record of $1...