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

Search Results

Showing 121 - 130 of 476 results for "AUM"

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
... equity grant was approved with 96% of votes. Meanwhile, the bull market bolstered Perpetual's assets under management (AUM) to $222.3 billion, up from $215 billion in June. Market movements totalled $12.7 billion while net inflows were positive at ...

AMP's MyNorth sees inflows rise 76%

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... independent financial advisers were up 47% for the quarter to $832 million. This has brought platform assets under management (AUM) to $78.1 billion, up from $74.7 billion in Q2. AMP's superannuation and investments business for AUM increase to $55.8 ...

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
... investors pulled out more than $600 million from Tribeca Alpha Plus, dipping as low as $331 million in assets under management (AUM) at the end of June 2019. Under Liu's leadership, the fund has returned more than 26% p.a. recently and has $1.45 ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... will acquire the international business of GLP Capital Partners and certain affiliates, boosting its assets under management (AUM) by $65 billion (US$44bn). The business, known as GCP International, is being bought for $5.5 billion (US$3.7bn) in what ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The global alternatives industry is on track to reach US$29.2 trillion in assets under management (AUM) by 2029, with private equities set to more than double throughout the period, Preqin said. The growth signifies an annualised increase of 9.7% for ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... water and waste," he said. The new mandate with Evans and Partners brings Osmosis' ex-fossil fuel assets under management (AUM) to more than US$1.6 billion ($2.3bn). "By maintaining tight country, industry, and sector weights to the benchmark the ...

New global chiefs for abrdn, Schroders

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... success." Ian Jenkins will continue as group chief financial officer. abrdn had £506 billion ($995bn) in assets under management (AUM) at the end of June. Meanwhile, the new global chief executive of Schroders followed a similar career trajectory. The ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... Fund, with only about US$10 billion now separating them. The report explained that, in 2023, the top 300 pension funds' AUM increased by 10% to US$22.6 trillion up US$2 trillion year on year, as markets stabilised. In 2022, total assets fell 13%. ...

Passive funds save $14.4bn in fees: Research

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... of 2024, while active funds register 90.6 basis points. Index funds had more than $700 billion in assets under management (AUM) at the end of July, of which $168.2 billion was invested across 243 index-tracking ETFs. Index funds captured some 86% of ...

End of the road for three Franklin Templeton funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... terminated two funds and is in the process of shuttering another as the strategies failed to scale assets under management (AUM). The funds are Martin Currie Diversified Income Fund, Martin Currie Tactical Allocation Fund, and Western Asset Macro Opportunities ...