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Showing 91 - 100 of 115 results for "Total FUM"

Perpetual sheds $3 billion

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
Perpetual's funds under management (FUM) have fallen almost $3 billion in the three months to 30 June. Total FUM fell from $33 billion to $30.2 billion during the period. The fund manager attributed around half the fall ($1.6 billion) to depreciating ...

Retirement incomes lead FUM growth

DARREN SNYDER  |  FRIDAY, 5 JUN 2015
... Among the MySuper and default investment options, DEXX&R showed that in the March quarter a decrease from 27% to 26% of total FUM continued to be held in default options. Other default investment options including multi-sector, Australian shares and ...

Managed account FUM exceeds $13bn

MARK SMITH  |  FRIDAY, 10 APR 2015
... about their service including the FUM held in managed account services," IMAP chair Toby Potter said. "This shows that total FUM held in this type of account exceeds $13 billion. Potter added that the survey was only intended to cover organisations which ...

Solid growth in ING DIRECT super business

MARK SMITH  |  MONDAY, 23 MAR 2015
... Australia has reported a 78% increase in funds under management in its superannuation business in the last year, taking total FUM to $1.1 billion. The company also achieved a net profit after tax of $297 million for the 12 months to 31 December 2014 ...

CIO exit forces Bedlam closure

MARK SMITH  |  FRIDAY, 15 NOV 2013
... its strategy in order to "focus the business better." At that time three of its six funds, accounting for just 2% of total FUM were closed and the group embarked on a heavy marketing program, including four promotional trips to the US and one to Australia. ...

Peak6 $1bn capital raise boosted by Aussie instos

MARK SMITH  |  MONDAY, 20 MAY 2013
... funds and one unnamed family office. Peak6 estimates that Australian client money accounts for around 7% of the fund's total FUM. The strategy, which is headed-up by hedge fund veteran Joe Scoby, will now pause for breath, closing its doors to new investors. ...

Magellan wins $3bn milestone mandate

LAURA MILLAN  |  TUESDAY, 12 MAR 2013
... St. James Place - just one of the fund manager's record wins in the past 12 months. The mandate has boosted Magellan's total FUM, which now stands at $10.4 billion, Frank Casarotti, Magellan's head of distribution, told Financial Standard. "It is the ...

Investors Mutual wins Aus equities mandate

MARK SMITH  |  WEDNESDAY, 6 MAR 2013
... to manage mandates according to our tried-and-tested value and quality principles." The recent wins have seen IML's total FUM grow to over $4 billion as at 28 February 2013. For more news and research on superannuation, go to www.fssuper.com.au.

Fidante Partners continues expansion with new hire

BEN COLLINS  |  THURSDAY, 24 MAY 2012
... wholesale funds manager funds specializing Asia-Pacific (ex Japan) and Greater China equities strategies, which took total FUM to $18.8bn. Fidante said there are no imminent plans for more acquisitions, but that it is open to acquiring stakes in other ...

Retail trumps wholesale in managed funds

MELANIE TIMBRELL  |  WEDNESDAY, 14 MAR 2012
... Investments, Macquarie and Commonwealth/Colonial all reporting significant increases of inflows, despite the drop in the total FUM to $247.1bn. Superannuation funds recorded a 1.6% increase over the December quarter, although were still down 2.7% over ...