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Showing 171 - 180 of 1845 results for "Managed Fund"

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Iress has offloaded its platform business with $4 billion in funds under advice (FUA) to another ASX-listed firm. Praemium will soon be the new owner of Iress's OneVue Platform Business (IOPB), agreeing to pay $1 million in cash and an additional ...

Australian Ethical posts strong half-year result

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... were $259 million, up 39% from the previous period, fueled by superannuation net flows of $269 million. However, managed fund net flows experienced modest outflows of $10 million. "It is encouraging to continue reporting positive net flows, and solid ...

HSBC wins $23bn in admin, custody mandates

JAMIE WILLIAMSON  |  FRIDAY, 23 FEB 2024
HSBC's local custody business may be turning its fortunes around, growing its assets under custody and administration by close to 40% with two fresh mandate wins. According to the latest Australian Custodial Services Association (ACSA) statistics, HSBC ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
New research reveals that indexed strategies are on track to reach $1 trillion by 2026 and will account for one-quarter of the funds management universe. Rainmaker Information's Institutional roundup report found that indexed investing in Australia ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
Actively managed funds and ESG strategies suffered the biggest outflows in 2023 at a combined $57.7 billion. According to Calastone's Global fund flows report, actively managed strategies lost $42 billion (US$27.2bn), eclipsed by passive equity ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... been a leading ethical investment manager for over 37 years, we've delivered strong long-term performance for managed fund investors and superannuation customers," he said. "The organisation is well positioned, and we're really encouraged to ...

Ethical ETF assets surge in 2023: Analysis

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024
Funds under management for ethical, responsible and sustainability-themed ETFs surged by more than 24% during 2023, amid a strong year for ETFs broadly. Betashares' latest Australian ETF Review calculates the local ETF industry at a total industry ...

CFS Edge launches Cboe products

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
Financial advisers using Colonial First State's (CFS) new platform CFS Edge can now access quoted products from Cboe Australia (Cboe). Cboe Australia president Emma Quinn said the new partnership is the latest step in Cboe's journey to provide local ...

Australian Ethical FUM hits $9.67bn

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
Australian Ethical reported funds under management (FUM) of $9.67 billion at the end of 2023, buoyed by positive net flows and investment performance. In the final quarter of 2023, Australian Ethical posted positive net flows of $145 million, primarily ...

Aussie ETF industry hits $177.5bn

CHLOE WALKER  |  TUESDAY, 16 JAN 2024
The local ETF industry ended 2023 at an all-time high, with a total industry market capitalisation of $177.5 billion, setting it up to exceed $200 billion this year. According to Betashares' latest Australian ETF Review, the industry saw 33% growth ...