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Showing 31 - 40 of 330 results for "FUA"

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... wholesale funds have had three consecutive quarters of negative growth, to September 2022. Platforms funds under administration (FUA) decreased by 4% (-$32 billion) to $769 billion in master trusts, wraps, and managed accounts. Of the major platform ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... continuing basis, and decline of $7.1 billion (2.4%) after adjusting for FUMA divested. Insignia's funds under administration (FUA) was $201.3 billion. Despite a positive market movement of $7.6 billion, the overall FUA decreased by $0.2 billion ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... successive previous quarters of negative markets and high volatility." The company said total funds under administration (FUA) were $42.7 billion, up 6% from $40.5 billion in June. Its platform saw a 7% increase to $20.9 billion from $19.5 billion last ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion. Netwealth said its FUA increased a total of $5.8 billion in the 12 months to December, representing a growth of 10.2%. ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... Standard, according to Rainmaker Information the managed account market reached $175 billion in funds under administration (FUA) in the year ending December 2021. Managed account platforms FUA has also increased by almost 50% p.a. in the last three years. ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... large national licensees, brokers, boutique advice practices and self-licensed advisers. Platform funds under administration (FUA) were $55.8 billion as at 31 December 2022, up by $5.8 billion from the previous corresponding period. Meanwhile, the ASX200 ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... managed accounts' (SMA) footprint in the managed account sector has risen dramatically in two years. SMAs funds under advice (FUA) in the past two years increased 151%. Meanwhile, managed discretionary accounts (MDAs) increased by 44% over the same period. ...