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Showing 151 - 160 of 3995 results for "Administration"

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was driven by Spectrum's net inflows of $848 million. OneVue net outflows were $322 million. Praemium's ...

Local custody assets hit record $5.6tn

JAMIE WILLIAMSON  |  FRIDAY, 22 AUG 2025
... The closest competitor in this space is Citigroup at $338.5 billion. Meantime, Apex Group leads on assets under administration (not held in custody) at $298.4 billion. The winding down of NAB Asset Servicing continues, with it still holding about $240 ...

Insignia Financial back in the black

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... Operating expenses were down 5.9% or $60 million. Over the year, Insignia's average funds under management and administration increased 7% to $323 billion. The biggest improvements were seen in the Advice unit, which now just includes Bridges and Shadforth. ...

Netwealth reports record FY25 results

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... financial year ending June 30, recording "exceptional growth" across all key metrics. Netwealth recorded funds under administration (FUA) of $112.8 billion, which was a 28.2% surge from FY24, while total income came in at $324.4 million, an increase ...

Equity Trustees FUM tops $254bn

ELIZA BAVIN  |  THURSDAY, 21 AUG 2025
Equity Trustees saw funds under administration and supervision (FUMAS) rise 28% to $254 billion in FY25. In addition, revenue rose 7% to $182.5 million, statutory net profit after tax rose 60.4% to $33.2 million, and underlying net profit before tax ...

HUB24 reports record inflows, user growth

JAMIE WILLIAMSON  |  TUESDAY, 19 AUG 2025
... total group revenues were $406.6 million, with the platform achieving $323.3 million. The group's total funds under administration sat at $136.4 billion as of June 30, rising 30% year on year. Of this, $112.7 billion is on the platform, though HUB24 ...

Fidante loses $11.4bn in insto money

KARREN VERGARA  |  TUESDAY, 19 AUG 2025
... 6% also lifted NPAT thanks to operational efficiencies gained after the transfer of Challenger's investment administration and custody services to State Street. During the period, TAL Dai-ichi Life Australia took a 15% stake in Challenger. On June ...

Fiducian FUA reaches $5bn

KARREN VERGARA  |  MONDAY, 18 AUG 2025
... that have registered with Fiducian, of which 14 have begun using Auxilium. "As the IFAs gain confidence in our administration capability and place larger volumes of funds with us, we believe Auxilium could become an important revenue earner for us," ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... assets of UGC and its authorised representative Global Capital Property Fund (GCPF). The entity entered voluntary administration and was ordered to be wound up in October 2024. UGC was based in Melbourne and had held an Australian financial services ...

ETF Shares awards fund administration mandate

MATTHEW WAI  |  TUESDAY, 12 AUG 2025
Following its launch earlier this year, ETF Shares has selected Apex Group to provide end-to-end fund administration and custodian services. ETF Shares was launched only a few months ago, co-founded by chief executive Cliff Man, chief investment officer ...