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Showing 1 - 10 of 1060 results for %22FUM for%22

Future Group changes fees for Guild members

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2024
... partner of the Pharmacy Guild of Australia. Just last month, GuildSuper ticked over $3 billion in funds under management (FUM), bringing Future Group's total FUM to about $14 billion.

Platinum's FUM dips below $14bn

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... million hit to revenue. A Morningstar note from March calculated the massive mandate loss represented about 9% of Platinum's FUM of $15.6 billion at the time. Incidentally, Morningstar cut its fair value estimate of Platinum's share price by ...

Magellan bleeds another $1bn

ANDREW MCKEAN  |  TUESDAY, 7 MAY 2024
Magellan Financial Group has seen a drop of $1 billion in funds under management (FUM) in April, according to its latest monthly update on the ASX. Magellan's FUM now stands at $36.3 billion. The fund manager reported that its net flows were flat, consisting ...

Fidelity to roll out more active ETFs

JAMIE WILLIAMSON  |  MONDAY, 6 MAY 2024
... has since returned 9.65% per annum against the benchmark's 7.02%. It has just over $1 billion in funds under management (FUM), as of this month. The Fidelity Australian Opportunities Fund has outperformed its benchmark by 0.73% per annum, with a ...

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
Insignia Financial saw funds under management increase by $11.7 billion (up 3.9%) to $312.3 billion as at March 31, and has completed the migration of MLC Wrap to Expand. Total net outflows for the quarter were $1.7 billion, largely reflecting the transitory ...

Brighter Super to close socially responsible options

JAMIE WILLIAMSON  |  TUESDAY, 30 APR 2024
... in 2022 after the merger with Energy Super. Editor's note: This article was updated on 2 May 2024 to reflect member and FUM data to April end. An earlier version of this article transposed the investment options' fees. This was an error and Financial ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
... Engineering Super, Professional Super (formerly MobiSuper), and Student Super. According to APRA data, the products have a combined FUM of about $418 million on behalf of about 32,000 members. In explaining to members of the various products, Diversa ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... 2023. During the first three months of 2024, Regal said positive investment performance contributed 7% or $0.8 billion of FUM growth for the quarter and was particularly strong across the long/short equities strategies. "This included favourable investment ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Both GQG Partners and Magellan Financial Group reported higher funds under management (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... revenue for the company of approximately $18 million p.a." Platinum ended February with $15.6 billion in funds under management (FUM), experiencing net outflows of about $285 million that month. This is slightly up from the $15.4 billion recorded at ...
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