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Showing 101 - 110 of 1054 results for "FUM"

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
... underlying EBTIDTA, excluding non-cash share-based payments, was $47.4 million, up 8.1% to the pcp. Funds under management (FUM) was $14.4 billion, up 10.4% from 30 June 2022. Managed account FUM rose to $12.2 billion, a 9.5% increase over the same period. ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... billion. Challenger's Funds Management business EBIT was down 42% to $31 million, due to lower average funds under management (FUM) of $93 billion compared to period prior. The Funds Management FUM balance was maintained by positive investment market ...

Fiducian expands adviser base, increases FUA

KARREN VERGARA  |  MONDAY, 13 FEB 2023
Fiducian saw the number of its financial advisers grow from 66 to 84 representatives in the second half of 2022 and flagged that another five franchises are in the process of joining the fold. Releasing its half-year report on the ASX this morning ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... firm's reported total funds under management reducing by circa $258 million, which will be reflected in the 31 January 2023 FUM announcement," it said.

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... FairVine (formerly Human Super) folded. Backed by heavyweights such as Citigroup and IOOF, Grow Super grew to $47.18 million in FUM but ditched its superannuation offering, pivoting instead into administration and blockchain technology and rebranding ...

Alphinity debuts two funds on the ASX

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023
... enable Fidante to further grow our series of active ETFs to meet this customer demand." Fidante now has over $817 million in FUM across four active ETF strategies, Rodriguez added.

Magellan FUM increases despite outflows

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
Magellan reported net outflows of $0.5 billion in January but said its funds under management (FUM) increased slightly by almost 2% last month. The group said FUM shifted in January to $46.2 billion from $45.3 in December, however it is still down in ...

Future Fund reports 3.7% loss for 2022

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
... generate long-term returns," he explained. Future Fund further reported a total of $243 billion in funds under management (FUM) and said the first half of FY23 delivered a positive return of 0.9%. "The board continues to focus on positioning the portfolio ...

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... Cerulli, the US has 14,000 registered investment advisers (RIAs) with $102 trillion in regulatory funds under management (FUM). These advisers direct 85% of all their assets to the top three custodians," Finura said. It questioned if Australia could ...

Ethical, sustainable ETFs top $9bn

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2023
... responsible and sustainability-themed ETFs. At the start of 2022, this category held $7.5 billion across 30 funds. The net change in FUM is almost wholly attributable to new new inflows - Betashares said inflows were $1.8 billion over 2022. Betashares ...