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Showing 131 - 140 of 1230 results for "FUM"

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
Generation Development Group (GDG) has reported record growth in the September quarter with its funds under management (FUM) now nearing $3.6 billion on the back of major inflows. GDG's FUM is up 33% - close to $1 billion - on the prior corresponding ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About $1.93 billion of this is due to the Altius deal finalising, while $487 million was added through ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... these mandates were for alternatives and international equities. Rest awarded the largest mandates by funds under management (FUM) at $8.7 billion during the period, followed by Cbus ($5.4 billion), Hostplus ($3.7 billion), HESTA ($3.1 billion), and ...

Expand bolsters SMA offerings amid $10bn milestone

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... Partners to its investment menu. The announcement coincides with the platform hitting $10 billion in funds under management (FUM) across managed accounts at August end, supported by its record SMA inflows, Insignia said. The new model portfolios have ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... an FNZ system to a new SS&C technology platform. The transition moved approximately $1.6 billion in funds under management (FUM) and around 6000 members. "This is the first major enhancement we've launched on the back of that, with Direct International ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... growth of 8.8%, according to Rainmaker Information. Consolidated assets, which represent headline funds under management (FUM) minus funds managed on a sub-advisory basis, grew at a slightly faster rate of 10.1%, totalling $3.1 trillion. Over the past ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive 26.4% from this time last year to $22.5 billion. In its quarterly update, Netwealth also announced ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
The amount of money held in managed accounts surpassed $205 billion in the first half of the year. According to the FUM Census of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... unnecessary erosion of balances. GESB has more than 270,000 member accounts and over $36 billion in funds under management (FUM). The fund predicts its FUM will grow to $41.5 billion by June 2025.

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... circumstances where the fund was a relatively small part of Vanguard's overall business (less than 1% in terms of income and FUM). Commenting further on his decision, he said: "Vanguard's contraventions should be regarded as serious... Further ...