OUTFLOWS

Funds management

Platinum Asset Management has released its latest funds under management, with outflows notably improving from the $841 million lost in November. ...

Funds management

Equity funds saw $2.2 billion in outflows during the first half of 2024, according to Calastone, despite reporting modest gains in the second quarter. ...

Funds management

The firm acquired Pendal in January 2023, but some 80 per cent of the firm’s FY24 asset management outflows came from Pendal products, according to Morningstar....

Funds management

Platinum Asset Management has seen redemptions plateau in May following heavy outflows in the past two months. ...

Funds management

Platinum Asset Management has reported its latest funds under management figures, with the firm forecasting a further $1.2 billion in redemptions ahead from its instituti...

Funds management

Traditional active asset managers will have to “perform and adapt, or lose”, according to Morningstar, naming 10 firms that have seen the largest inflows and outflows in ...

Financial planning

Initiatives taken by Netwealth to stem outflows earlier in the year have helped the firm in the last quarter as December saw its highest inflows in 10 months....

Funds management

Although emerging markets managed to buck the trend, riskier assets such as equities, property, and mixed asset funds have seen record outflows in the second quarter of 2...

Funds management

Research from Rainmaker Information has found investors could potentially make more money by investing in managed investment products experiencing net outflows over chasi...

Funds management

Magellan has seen funds under management fall to $50.2 billion with net outflows of $2.5 billion but two asset classes experienced a rise in flows. ...

image
Funds management

Platinum has reported outflows of almost $100 million in August as markets struggled and co-founder Kerr Neilson announced his departure, compared to inflows of $22 milli...

image
Funds management

Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

image
Funds management

Magellan has hit out at “sheep-like behaviour” causing fund outflows and taken action to maintain liquidity as Hamish Douglass’ return date remains unconfirmed....

image
Funds management

The outflows included $9.6 billion due to the transition of the New Zealand wealth management mandate. ...

image
Superannuation

The latest data around the Government’s hardship early release superannuation regime has confirmed that only mega-funds could have coped with the level of outflows genera...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

1 month 3 weeks ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 4 weeks ago

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

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 1 day ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 1 day ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

6 days 2 hours ago