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Showing 91 - 100 of 117 results for "Total FUM"

Retail managed funds rose strongly in 2015

MARK SMITH  |  FRIDAY, 18 MAR 2016
... of all the companies which administer managed funds, BT leads the industry in the market share stakes with 18.5% of total FUM. AMP is close behind with 17.4% with CBA/CFS (15.8%), NAB/MLC (14.2%) and Macquarie (8.1%) rounding out the top five.

Future Fund issues return warning

MARK SMITH  |  MONDAY, 19 OCT 2015
... target return of CPI +4.5%, which equates to 7.1%. Performance is also well ahead over one, three, five and seven years. Total FUM grew by $600 million in the September quarter to bring the fund to $117.8 billion. However, Future Fund chair Peter Costello ...

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.