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Showing 211 - 220 of 397 results for "FUA"

J.P. Morgan wins SMA custody mandate

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... administrations across its global funds and platforms. The Australian business sits at $4.53 billion while its international FUA totals $2.49 billion. "We are delighted to reach another significant milestone for Praemium. We are growing strongly and ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... shows the business is in good shape. We maintained our number one market share position on all retail platforms, saw strong FUA growth on Panorama, continued insurance premium growth and a further strengthening of our Private Wealth business," Cooper ...

Managed accounts platform doubles FUA

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Managed accounts provider WealthO2 doubled its funds under administration to $200 million in three months. Managing director Shannon Bernasconi said growth was based on referrals only, with specific demand from advisers seeking a better way to manage ...

CFS annuities hits $1bn milestone

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
Colonial First State's annuities business has reached $1 billion in funds under administration (FUA) in just over two years. Acting general manager of product Sam Wall said reaching this milestone in a short amount of time is testament to CFS's commitment ...

Managed Accounts Holdings acquires competitor

JAMIE WILLIAMSON  |  TUESDAY, 26 SEP 2017
... MDA or superannuation service," the ASX statement read. Upon completion of the process MGP earns administration fees on the FUA and transaction fees. The clarification and announcement regarding Shaw and Partners comes off the back of MGP's 2017 annual ...

MGP looking toward a better 2018

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2017
... $2.1 billion. MGP (managedaccounts.com.au) said that despite the increase in NPBT, it was disappointed with the resultant FUA growth which is largely why head of distribution and marketing Tony Nejasmic was appointed in May. "We are extremely positive ...

Ohanessian vindicated by record Praemium inflows

ALEX BURKE  |  FRIDAY, 7 JUL 2017
... reiterated the company's underlying growth strategy, which was: "To create a seamless and integrated investment solution to drive FUA adoption; to provide wealth management solutions to our global client base; to invest in enhanced product functionality ...

HUB24 lures BTFG executive

KARREN VERGARA  |  FRIDAY, 23 JUN 2017
... executive Andrew Alcock said the newly created role reflects the company's evolution, adding a period of strong growth saw FUA triple in the last two years to $5 billion. Lawrenson will be responsible for implementing operational strategies; leading ...

HUB24 lures talent as growth strategy progresses

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... opportunities," HUB24 managing director Andrew Alcock said. Commenting on its recent milestone, Alcock added: "Reaching $5 billion in FUA is a significant achievement for both HUB24 and for our industry. It's an accolade for choice, innovation, value ...

MainstreamBPO expands global footprint

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
... will pay US$3.5 million in cash upfront on completion of the sale in July. It currently serves some 631 funds with a combined FUA of $114 billion.