Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 330 results for "FUA"

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

BT Panorama sees SMSF growth

CHLOE WALKER  |  WEDNESDAY, 20 APR 2022
BT has seen the SMSF funds under administration on its Panorama platform soar. According to its latest update, SMSF FUA on the platform sits at $26 billion as of March end. It's more than doubled year on year, having sat at $11.93 billion in March 2021. ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
... period also saw Insignia undertake a simplification strategy for its platform, the Evolve21 program migrated $22.1 billion of FUA and 93,000 client accounts to Insignia's proprietary, platform Evolve. Evolve now administers $42 billion of client funds ...

HUB24 continues growth trajectory

ELIZABETH MCARTHUR  |  TUESDAY, 22 FEB 2022
... under administration for HUB24 grew to $68.3 billion, with $50 billion of that on the platform. It is significant platform FUA growth on the previous year, with $50 billion representing an increase of 128%. The platform had net inflows in the period ...

Mixed results for Netwealth

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
... in employee benefit spend, mostly resulting from Netwealth adding more than 80 staff members. Funds under administration (FUA) grew by 46% to $56.7 billion The platform also enjoyed record inflows of $7.6 billion, a 71% increase. Netwealth boosted its ...

Managed accounts demand surges: BTFG

KARREN VERGARA  |  TUESDAY, 15 FEB 2022
... managed accounts continues to rise," he said. There are about 6060 active advisers using Panorama, which has $108 billion in FUA in aggregate. Panorama was unusable for a week in early August 2021, leaving many advisers infuriated. Rady said having recently ...

Record FUA, revenue for Praemium

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... failed to make a profit in the half-year to December. The platform's revenue increased by 25% to $39.2 million, while total FUA increased by 43% to $49 billion. The rise in FUA was largely driven by the Australian platform business and virtually ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... inflows of $937 million for the Australian platform, and net inflows of $311 million Internationally. Funds under management (FUA) achieved a record high of $4.9 billion, an increase of 43% in the past 12 months from new milestones in all global segments ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
In a bid to expand nationally, Fiducian has helped one of its practices acquire clients with $38 million in funds under advice. Fiducian said it assisted the unnamed practice based in the Albury/Wodonga area by providing support services worth $360,000. ...

Praemium rejigs executive team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
... with Australian revenue up 37% to $53.1 million and international revenue jumped 6% to $12.5 million. The Australian platform FUA recorded 223% growth to $18.38 billion which is attributed to the Powerwrap acquisition. Inflows were up 149% at $2.6 billion. ...