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Showing 1051 - 1060 of 1227 results for "FUM"

OneAnswer FUM fall 20 pc

MICHAEL HOBBS  |  WEDNESDAY, 29 APR 2009
ING Australia's flagship OneAnswer platform funds under management (FUM) fell by 20 per cent or around $3.7 billion to $14.2 billion over a six month period to March, according to ANZ's half year profit report. ING Australia posted a $47 million half-year ...

MLC takes earnings hit

MICHELLE BALTAZAR  |  TUESDAY, 28 APR 2009
... million. It blamed lower advice revenues and lower management fees for the lacklustre figures, with funds under management (FUM) down 22 per cent. The numbers came just a month after the group gave a strategy update, where it said it would merge MLC ...

Snowden departure forces ratings review

MICHAEL HOBBS  |  TUESDAY, 21 APR 2009
Colonial First State property securities funds with around $3 billion in funds under management (FUM) are under ratings review following the surprise departure of John Snowden, portfolio manager at CFS global property securities. Andrew Nicholas has ...

Caravan parks deliver high income

MICHAEL HOBBS  |  MONDAY, 30 MAR 2009
... nine per cent over a two-year period to the end of last year. The fund has more than $250 million in funds under management (FUM) and a distribution rate over eight per cent per annum. This announcement follows the fund securing a two-year deal with ...

NAB merges three wealth units

MICHELLE BALTAZAR  |  THURSDAY, 12 MAR 2009
... manager. Last year, NAB/MLC ranked as the 18th largest direct asset manager in Australia based on funds under management (FUM), a fraction of the scale of competitors Colonial, Macquarie and State Street. Group executive officer Cameron Clyne told analysts ...

KBC blocks water fund

MICHAEL HOBBS  |  MONDAY, 9 MAR 2009
... existing local mandates and making sure investors are looked after. The fund has around $13 million in funds under management (FUM) in Australia. "For existing investors, they need to know the money continues to be managed in the same way as indicated ...

IOOF quadruples platform reach after Skandia buy

MICHELLE BALTAZAR  |  MONDAY, 2 MAR 2009
Financial services group IOOF climbs through the ranks of platforms with the largest share of the non-aligned adviser market when it acquired Skandia Australia and Intech, a move that quadruples its slice of the sub-segment and adds more than $8 billion ...

BNY Mellon to ramp up Asia and Aus presence

MICHELLE BALTAZAR  |  MONDAY, 16 FEB 2009
... opportunities," he said. BNY Mellon has more thanUS$20.2 trillion in assets under custody and administration, US$928 billion in FUM and services approximately US$11 trillion in outstanding debt.

Real estate under threat

RUTH LIEW  |  WEDNESDAY, 11 FEB 2009
... their property portfolios and meet redemption requests, said LaSalle Investment Management which manages around $45 billion in FUM. Meanwhile, increasing devaluation of funds' overall property portfolio feeds investor panic - forcing otherwise good quality ...

AWM consolidates RSE licences

MICHAEL HOBBS  |  FRIDAY, 16 JAN 2009
... funds. According to Rainmaker, prior to the change, SMF Funds Management managed around $5 billion in funds under management (FUM) from platforms and Questor managed $6 billion in FUM from platforms. Andrew Keevers, Rainmaker associate director of research ...