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Showing 181 - 190 of 1226 results for "FUM"

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
Platinum Investment Management unveiled its turnaround strategy as funds under management (FUM) continue to suffer institutional investor outflows and negative returns. The fund manager said its immediate priorities in the next few months is to cut ...

GQG records US$10bn in inflows, eyes Abu Dhabi office

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... office in Abu Dhabi. The global boutique asset manager concluded the year with US$120.6 billion in funds under management (FUM), reflective of net flows and investment performance, according to chief executive Tim Carver. "The growth in FUM reflects ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... its focus on the US and reports a 24% increase in statutory net profit after tax despite plummeting funds under management (FUM). Currently Maple-Brown Abbott chief executive, Rahmani has been named managing director of Magellan Asset Management with ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... report found that indexed investing in Australia last year reached almost $760 billion or 23% of total funds under management (FUM). The majority (79%) of indexed FUM is held in growth assets. Some 37% of FUM invested is held in equities, growing 30% ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
Fiducian reported a 10% increase in revenues and 18% jump in funds under management for the six months to December end, saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax ...

GQG Partners records US$127bn FUM

ANDREW MCKEAN  |  THURSDAY, 8 FEB 2024
GQG Partners' total funds under management (FUM) increased to US$127 billion in January, up from US$120.6 billion the previous month. Notably, the boutique fund manager reported US$92 billion FUM in the same period last year. GQG also saw net inflows ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... manager has secured $200 million from an undisclosed US investor, bringing its total facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total FUM growth of 42% since December 2022 ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows. The $8.2 billion FUM increase in the first half of financial year 2024 comprised net inflows of $4.5 billion and favourable market movement of ...

Betashares leads Australian ETF net flows

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
... 200 ETF (ASX: A200) and the Betashares NASDAQ 100 ETF (ASX: NDQ), have each exceeded $4 billion in funds under management (FUM). In 2023, these funds collectively attracted $1.4 billion in net flows, positioning both A200 and NDQ among the top 10 largest ...

Generation Development Group nears $3bn

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
Generational Development Group (GDG) has reported a 24% increase in funds under management (FUM) from the previous year, reaching nearly $3 billion as of December 2023. In an ASX announcement, GDG also reported FUM growth of $232 million between September ...