FUNDS UNDER MANAGEMENT

Funds management

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

Funds management

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

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

Funds management

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

Funds management

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

Financial planning

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’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...

Funds management

Pinnacle has seen a return to inflows in the first half of FY2023–24 as funds under management surpass $100 billion for the first time....

Funds management

Betashares has shared which funds and asset class saw the highest volume of ETF inflows in 2023 as it forecasts funds under management could reach $220 billion this year....

Funds management

Magellan executive chair Andrew Formica has highlighted the skills the firm will be looking for in its recruitment of a new CEO to replace David George, as he scraps its ...

Funds management

In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...

Funds management

Magellan's funds under management have fallen below $40 billion as at the end of the 2022–23 financial year after institutional outflows returned after a lull in May....

Funds management

Funds under management at the ethical investment manager have increased by 45 per cent since June 2022, rising to $9 billion, as the firm completes its integration with C...

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