Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 501 results for "NetWealth"

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... suspects that merger activity drove this trend. Despite the consolidation in the industry, platforms like HUB24 and Netwealth, as well as Diversa and Australian Ethical, managed to achieve organic membership.

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... management. Fund documents show that, as at October 2022, the fund only had $2.16 million in assets and was available on the Netwealth, BT, Asgard, Macquarie and HUB24 platforms.

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... previous corresponding period. Although, its market share is lower than IOOF, Colonial First State, AMP, Macquarie, and netwealth, HUB24's annual net flows have the fastest growth rate as a percentage of FUA. HUB24 also announced that it has added a ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
... coaches, and investment advice that's considerate of their longer lifespans. Stoncius cites a recent white paper by Netwealth, which found that the most significant indicator of financial success for women is not to stress out about money. Some 62% ...

Blue Orbit operations chief resigns

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
... The industry veteran already holds two such roles. Last year, he started a new position as an independent Director at Netwealth Superannuation Services. He is also on the trustee board of Qualitas. The fund's chief executive Adam Randall called Lewis ...

HUB24 tops platform rankings

CASSANDRA BALDINI  |  MONDAY, 27 FEB 2023
HUB24 has stolen the crown from Netwealth and reclaimed the top spot for overall platform functionality. Investment Trends released its 2022 Platform Benchmarking and Competitive Analysis Report and said HUB24's overall score of 91.5% just edged ...

Netwealth reports significant growth

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
Netwealth has reached $62.4 billion funds under administration (FUA) and posted record earnings in its H1 FY23 results. Netwealth's FUA grew 10.2% to the prior corresponding period (pcp). The company's underlying EBTIDTA, excluding non-cash share-based ...

Reporting season may prove dramatic: UBS

CASSANDRA BALDINI  |  TUESDAY, 14 FEB 2023
... which show relative value or recent share price underperformance amongst financial services included Challenger -6.6%, Netwealth Group Limited -6.7%, and Medibank Private -15.9%. On the other hand, stocks, where analysts see consensus earnings risk to ...

Women the future of advice: Netwealth

CASSANDRA BALDINI  |  MONDAY, 13 FEB 2023
... being encouraged to adjust their advice offering and better serve women or risk missing out on a key growth market. Netwealth's white paper titled Women as the new face of wealth found younger affluent females are engaged with investing, are financially ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... market leader with $143 billion FUA with an 18.5% market share, Colonial First State (16.3%), BT (16.1%), AMP (14%) and Netwealth (9.1%) followed. The fastest growing platform in percentage terms was Smartsave Super and Pension, followed by AMP Signature ...