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Showing 141 - 150 of 330 results for "FUA"

Netwealth signals managed account growth, business upgrades

DARREN SNYDER  |  FRIDAY, 19 JAN 2018
... meaningful impact on how advice is delivered now and in the future," Heine said. As at December 31, funds under administration (FUA) were recorded at $15.4 billion - an increase of $5.7bn over the past calendar year. Funds under management (FUM) were ...

Praemium chief flags UK pensions investments after record inflows

ALEX BURKE  |  WEDNESDAY, 10 JAN 2018
... highly adept and well-suited to meet the new regulation's requirements for increased transparency and reporting. "International FUA is up 34% on last year, and pending further investments in the UK pensions market, we believe that 2018 could be a pivotal ...

Fiducian acquires three client books worth $40m in FUA

ALEX BURKE  |  FRIDAY, 15 DEC 2017
Fiducian has added three financial planning client books, collectively representing an additional $40.9 million in funds under advice. The transactions were funded by excess cash; client bases are located in Perth, Melbourne and the Sunshine Coast ...

J.P. Morgan wins SMA custody mandate

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... administrations across its global funds and platforms. The Australian business sits at $4.53 billion while its international FUA totals $2.49 billion. "We are delighted to reach another significant milestone for Praemium. We are growing strongly and ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... shows the business is in good shape. We maintained our number one market share position on all retail platforms, saw strong FUA growth on Panorama, continued insurance premium growth and a further strengthening of our Private Wealth business," Cooper ...

Managed accounts platform doubles FUA

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Managed accounts provider WealthO2 doubled its funds under administration to $200 million in three months. Managing director Shannon Bernasconi said growth was based on referrals only, with specific demand from advisers seeking a better way to manage ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...

Managed Accounts Holdings acquires competitor

JAMIE WILLIAMSON  |  TUESDAY, 26 SEP 2017
... MDA or superannuation service," the ASX statement read. Upon completion of the process MGP earns administration fees on the FUA and transaction fees. The clarification and announcement regarding Shaw and Partners comes off the back of MGP's 2017 annual ...

MGP looking toward a better 2018

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
... $2.1 billion. MGP (managedaccounts.com.au) said that despite the increase in NPBT, it was disappointed with the resultant FUA growth which is largely why head of distribution and marketing Tony Nejasmic was appointed in May. "We are extremely positive ...

Ohanessian vindicated by record Praemium inflows

ALEX BURKE  |  FRIDAY, 7 JUL 2017
... reiterated the company's underlying growth strategy, which was: "To create a seamless and integrated investment solution to drive FUA adoption; to provide wealth management solutions to our global client base; to invest in enhanced product functionality ...