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Showing 191 - 200 of 1064 results for "FUM"

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... investors pulling money out too. However, this may not be cause for great concern. While the SJP mandate made up 16% of group FUM, Magellan's next four largest mandates make up just 2% of its FUM. And Ler isn't worried about chief executive Brett Cairns ...

What you read in 2021

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... management. Since announcing the LUCRF deal, AustralianSuper has completed another merger with Club Plus Super, with its total FUM now standing at $244 billion. 2) BT confirms changes to super business Just last month a spokesperson for BT confirmed ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... completed its merger with Intrust Super in November, welcoming 90,000 members, 25,000 employer clients, and $3 billion in FUM. Two years ago, Hostplus took over Club Super, which had $600 million in FUM and 22,000 members.

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
... net outflows in its retail and institutional funds under management. The global equities strategy saw a $4 billion drop in FUM last quarter, to $84 billion, while infrastructure equities and Australian equities remained relatively flat at $19.6 billion ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
... (CASA) before going public offer in 2005. Despite this, the fund has failed to grow, with its 2014 annual report showing total FUM of about $1.7 billion. AvSuper Growth was one of 13 MySuper products to fail the performance test. Following this, the ...

AustralianSuper, Club Plus complete merger

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
... transfer, announced in May, saw the transition of $3.2 billion in funds under management and brings AustralianSuper's total FUM to more than $244 billion. AustralianSuper group executive for membership and brand Rose Kerlin described the merger as "a ...

Flows to SRI ETFs boom

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... According to Zenith's 2021 International Shares Sector Report, SRI- themed ETFs in October 2021 had funds under management (FUM) of approximately US$350 billion, representing a staggering increase of 2200% from December 2014. The FUM in SRI ETFs had ...

Hostplus, Intrust merger complete

KARREN VERGARA  |  MONDAY, 29 NOV 2021
... 90,000 members, 25,000 employer clients, and $3 billion in funds under management to Hostplus, effectively taking the latter's FUM to $73 billion. Intrust chief executive Brendan O'Farrell has consequently stepped down from his post. He led Intrust for ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... concerned about proposed transactions where the resulting successor fund would have less than $30 billion funds under management (FUM) and this regulatory focus is another driver towards smaller funds being consolidated into large funds instead." However ...

Pendal recovers losses

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... a final dividend of 24 cents per share on December 16 with full-year earnings per share totalling 48.2 cents. In addition, FUM doubled to $139.2 billion following the acquisition of Thompson, Siegel & Walmsley and favourable foreign currency movements. ...