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Showing 151 - 160 of 1226 results for "FUM"

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
Pinnacle Investment Management's affiliates reported a 20% jump in funds under management (FUM) as it welcomes Life Cycle Investment Partners to the fold. The multi-boutique reported total FUM of $110.1 billion at the end the 2024 financial year. ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... Clime did not disclose the client awarding the mandate. At the end of June, Clime had $1.6 billion in funds under management (FUM), up 22% in the fourth quarter thanks to the newly won business. It expects the wins to deliver $0.8 million of annual recurring ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
... Perpetual's subpar investment performance and overexposure to less sticky institutional clients, constituting about two-thirds of FUM excluding cash." He also noted that Pendal did not provide any revenue synergies, with 80% of the total outflows ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
... Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over $200 million in total inflows in the June quarter alone, setting ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... Zealand's sovereign wealth fund is aiming to double in size from its current NZ$75 billion in funds under management (FUM) over the next 10 to 12 years. "We want to do this without losing the culture and organisational character that has made us ...

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds under management (FUM) and 26,000 members transfer to ART. Qantas Super explained that a trustee's role is not only to assess current performance ...

Betashares launches new currency hedged ETF

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... currency hedged version of its S&P 500 Equal Weight ETF (ASX: QUS). QUS has amassed over $380 million in funds under management (FUM), appealing to investors looking to maintain exposure to a broad portfolio of US shares without being heavily exposed ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... and 12.23%, respectively. The new entrant super fund, which has 12,850 members and $1.1 billion in funds under management (FUM), also reported that its balanced and conservative options returned 8.11% and 5.86%, respectively. Vanguard Asia Pacific chief ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... Mexican Grill, Microsoft, and Mastercard. Magellan as a group turned in a total of $36.6 billion in funds under management (FUM) at the end of June, which was relatively flat month on month. Institutional clients comprise $19.4 billion in FUM while retail ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Platinum Asset Management ended the 2024 financial year with $13 billion in funds under management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 ...