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Showing 21 - 30 of 1060 results for "FUM"

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... manager has secured $200 million from an undisclosed US investor, bringing its total facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total FUM growth of 42% since December 2022 ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows. The $8.2 billion FUM increase in the first half of financial year 2024 comprised net inflows of $4.5 billion and favourable market movement of ...

Betashares leads Australian ETF net flows

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
... 200 ETF (ASX: A200) and the Betashares NASDAQ 100 ETF (ASX: NDQ), have each exceeded $4 billion in funds under management (FUM). In 2023, these funds collectively attracted $1.4 billion in net flows, positioning both A200 and NDQ among the top 10 largest ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
Generational Development Group (GDG) has reported a 24% increase in funds under management (FUM) from the previous year, reaching nearly $3 billion as of December 2023. In an ASX announcement, GDG also reported FUM growth of $232 million between September ...

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
ASIC has fined a firm for making several false statements that included claims it managed nearly $7 billion in assets when it does not. Queensland-based Penta Capital boasted on its website between May 2022 and February 2023 that it managed $6.9 billion ...

Australian Ethical FUM hits $9.67bn

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
Australian Ethical reported funds under management (FUM) of $9.67 billion at the end of 2023, buoyed by positive net flows and investment performance. In the final quarter of 2023, Australian Ethical posted positive net flows of $145 million, primarily ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
... There are now 94 active ETFs trading on Australian exchanges with a total of about $35 billion of funds under management (FUM). However, Israelstam said most of these assets come from existing FUM that has been 'converted' to the exchange via ...

Pinnacle collects large performance fees, writes down OpenInvest

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... Pinnacle said, adding that it is entering the second half with "grounds for cautious optimism". "We also expect that opening FUM as at 1 January 2024 will be higher than the average during 1H FY24 and this will contribute to the 'skew' in our results ...

Loftus Peak to take over Orca fund

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... returned 33.7% in the 12 months to November 2023 end. At the same date, it held just $154.1 million in funds under management (FUM). The Loftus Peak Global Disruption Fund has roughly double the FUM and returned 38.72% over the same period. Under the ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... Platinum recorded net outflows of about $235 million to finish the year with $15.4 billion in total funds under management (FUM). Compared to December 2022, Platinum's FUM was 15% higher at $18.2 billion. A large portion of net outflows stemmed from ...