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Showing 41 - 50 of 330 results for "FUA"

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... as well as MFS and Laminar combining to win a large wealth management mandate. Perpetual Private total funds under advice (FUA) were $17.2 billion, down 1% in the quarter due to negative market movement but supported by continued positive net flows. ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... funds under administration (FUMA) dropped almost 7%. It reported that FY22 FUM is $92.3 billion down from $97.7 billion and FUA FY22 sits at $205.2 billion from $221.0 billion last year. Insignia said the FUMA reduction is driven by a deteriorating market ...

HUB24 delivers record profit, growth

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
... record platform net inflows of $11.7 billion, up 32% from the previous year. Correspondingly, total funds under administration (FUA) grew by 12% to $65.6 billion. HUB24 said its business footprint continued to evolve with the acquisition of Class Limited ...

Fiducian sees record inflows, eyes expansion

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... financial planning arm of People's Choice Credit Union, adding $1.1 billion at the time. Fiducian said it also acquired additional FUA of $70 million. "Management and the board remain positive for further growth of Fiducian in the future. Wars always ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... a decline; as of June 30 it reported $205.2 billion, a decrease of $15.1 billion (-6.9%) for the quarter. "The decline in FUA was driven by a market decline of $14.9 billion (-6.8%), combined with pension payments of $0.8 billion partly offset by net ...

Perpetual funds down amid market decline

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
... positions us well to improve our net flow profile in FY23," he said. Meanwhile, Perpetual Private's total funds under advice (FUA) was $17.4 billion, 7% lower than the $18.7 billion reported in March 2022. Although, Perpetual Private experienced ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... annual net inflows of $11.7 billion, up 31.7% from the previous corresponding period (PCP). Total funds under administration (FUA) was $65.6 billion as of June 30. The FUA sum comprised of $49.7 billion (up 19.9% from the PCP) and portfolio, administration ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
... annual net inflows of $3 billion, and $284 million for the quarter. It's annual net funds flow represents 28.8% of the starting FUA, an outstanding growth achievement," he said. "We are fully committed to our advisers and their clients. We will grow ...

Netwealth reports record inflows

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... June 2022 quarterly business update to the ASX. The platform and investments business realised funds under administration (FUA) net inflows of $2.7 billion for the June quarter. However, Netwealth said that although June had been a strong quarter, it ...