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Showing 1041 - 1050 of 1227 results for "FUM"

GIC reshuffles top management

RUTH LIEW  |  TUESDAY, 23 JUN 2009
Singapore-based investment management firm GIC, which has over $100 billion in FUM, has appointed Lim Siong Guan as group president and Tony Tan as chairman of its real estate arm. Richard Hu will retire as chairman of GIC Real Estate Private Limited ...

Aviva Aus sale poses revenue risk

MICHELLE BALTAZAR  |  MONDAY, 22 JUN 2009
... Australia will remain the manager of the statutory money it manages on behalf of the parent group. Half of Aviva Investors' total FUM is statutory money, said Kennaway, although he said that while it accounts for half of the business, it only contributes ...

Asset Super completes intl mandates review

RUTH LIEW  |  MONDAY, 15 JUN 2009
... up. Asset consultant Mercer Sentinel oversaw the $230 million transition, a sum that represents 20 per cent of the fund's FUM at the end of April. "The manager restructure, recommended by Mercer, addressed a slight investment style imbalance in the portfolio ...

...and what it means for Australian instos

MICHELLE BALTAZAR  |  FRIDAY, 12 JUN 2009
... proposal, BGI Australia was the 12th largest fund manager in the country with around $28 billion in funds under management (FUM), according to Rainmaker Data collected in March. BlackRock was further down the list, earning the 24th spot with more than ...

Platinum holds steady in upswing

MICHAEL HOBBS  |  WEDNESDAY, 3 JUN 2009
Platinum International fund, the largest global equities fund in Australia with more than $7.6 billion in FUM, ranks as one of the top three performers in global equities in the year to April, but Platinum chief investment officer Kerr Neilson, still ...

Legg Mason shuts down defensive trust

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
Legg Mason has closed its wholesale defensive trust, citing its FUM of less than $10 million made it impractical to continue offering the product. According to a May update of the fund, which has $9.5 million in funds under management, the fund manager ...

Perpetual proposes caps on exec and board pay

MICHELLE BALTAZAR  |  TUESDAY, 26 MAY 2009
... rest of the funds management industry, has been severely affected by the global markets downturn. Funds under management (FUM) fell 16.5 per cent to $25.3 billion in less than 12 months. Funds under advice (FUA) in Perpetual Private Wealth was also down ...

TAAM strategy scores mandate boost

RUTH LIEW  |  WEDNESDAY, 13 MAY 2009
... not being overloaded with too many mandates and having too much funds under management. The firm, which has $1.3 billion in FUM with institutional clients footing the bulk of those funds, may soon be closing their doors to new insto mandates. "We're ...

More boutiques on BTIM's radar

RUTH LIEW  |  THURSDAY, 30 APR 2009
... capable of growth, we are in a good position to take advantage of consolidation opportunities rising in the sector." BTIM's FUM declined $4.7 billion during the six months to reach $30.6 billion at the end of March. The firm claims that a strong relative ...

Pockets of income in property

MICHELLE BALTAZAR  |  WEDNESDAY, 29 APR 2009
... could close sooner once they've reached their target. Established in 1993, GDI has $280 million in funds under management (FUM) and boasts 21 successfully completed property funds. Its key differentiator is that the average life of a fund is three-and-a-half ...