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Showing 121 - 130 of 330 results for "FUA"

Perpetual thinks outside value investing

KARREN VERGARA  |  THURSDAY, 21 FEB 2019
... develop and grow. Of course, we remain fully committed to active value investing." Perpetual Private recorded $2.5 billion in FUA for charitable trusts and endowment funds; before-tax profit was 2% lower at $22.6 million. Perpetual Corporate Trust was ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... it replicated BT's Open offer via its Insignia Wrap range, which launched in October 2018. It grew to $976 million in FUA by the end of 2018, but net transfers to other BT badges slowed to $66 million, IOOF said. The investment management business ...

Advice groups sign on to HUB24

KANIKA SOOD  |  WEDNESDAY, 9 JAN 2019
... Accolade platform administers about $2.4 billion in funds under management. HUB24 picked up more than $2 billion between of FUA in the six months between June 30 and December 31 last year. Overall, the wrap, platform and master trusts are inching towards ...

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... set aside to acquire five planning businesses across Western Australia, New South Wales and Victoria to raise $83 million in FUA, it said in a September address to shareholders. The group is planning to split the $73 million under advice of its latest ...

Diversified group enters custom platform space

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
... build and maintain strong relationships with our dealer group partnerships," Singh said. Fiducian currently has $2 billion in FUA with an additional $4.85 billion in funds under management and advice.

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... and client relationships ($4.078m), which will be written off over five years. Prior to the merger, Linear had $9 billion of FUA and its managed accounts business contributed about $2 billion. Overall, total FUA stood at $13.09 billion for the period ...

Netwealth doubles market share

DARREN SNYDER  |  MONDAY, 3 SEP 2018
... "continue its focus on the average revenue earned per account and developing new revenue streams." "Average basis points earned on FUA are expected to continue to decrease over time, reflecting the changing mix of new business and some competitive pricing ...

HUB24 lifts targets

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... hitting $12 billion by the end of FY20. "We are confident in HUB24's future growth and are now lifting our targets to achieve FUA levels, assuming consistent investment market returns and net inflow growth trends," it said in a statement. "This aspiration ...

Last chance to participate in the annual FS Managed Accounts Survey

MICHELLE BALTAZAR  |  WEDNESDAY, 1 AUG 2018
... accounts uptake in recent months In its latest quarterly update, managed accounts specialist HUB24 enjoyed a 51.2% jump in its FUA to $8.3 billion on the year prior. It also signed 22 distribution agreements including one with Fitzpatricks Private Wealth ...

HUB24 introduces low-cost product

KARREN VERGARA  |  THURSDAY, 19 JUL 2018
... update. It also pointed to a boost in funds under administration in the year to June 2018. HUB24 reported a 51.2% jump in FUA to $8.3 billion on the year prior. Given the backdrop of the banking and financial services Royal Commission, HUB24 said this ...