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Showing 231 - 240 of 396 results for "FUA"

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
HUB24's retail funds under administration (FUA) grew by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new ...

CBA posts record profit despite dip from wealth division

MARK SMITH  |  WEDNESDAY, 10 AUG 2016
... administration increased 3% to $133 billion. The FirstChoice and Custom Solutions platforms experienced continued growth in average FUA of 4% and 10% respectively, reflecting positive net flows and positive investment market returns. Insurance income ...

AZNGA subsidiary acquires adviser firm

KERRIE SYDEE  |  FRIDAY, 5 AUG 2016
... corporate super members. The firm is licensed with Charter Financial Planning and has over $212 million in funds under advice (FUA). DFA provides a range of advisory services including retirement planning, investment insurance, SMSF, estate planning ...

HUB24 FUA exceeds 120% growth

KERRIE SYDEE  |  FRIDAY, 15 JUL 2016
HUB24 has reached $3.776 billion in funds under advice (FUA), an increase of 122% on 30 June 2015. The platform recorded record annual retail net inflows of $1.61bn in FY16, an increase of $813m or 102% on FY15. Quarterly net inflows were also up, $579m ...

MLC adds to SMA suite

KERRIE SYDEE  |  TUESDAY, 12 JUL 2016
... efficient way for investors to access professional management." MLC currently have more than $1 billion in funds under advice (FUA) in the SMA category offering 16 SMA portfolios on the MLC Wrap and MLC Navigator platforms. General manager product and ...

HUB24 FUA up 84pc

KERRIE SYDEE  |  TUESDAY, 31 MAY 2016
HUB24 has reached $3 billion in funds under administration (FUA), heralding 84% growth in the past 12 months. The announcement follows three quarters of strong gross inflows for HUB24 in the 2016 financial year, with the platform having the sixth highest ...

HUB24 funds under administration to hit $3bn

MICHELLE BALTAZAR  |  MONDAY, 7 MAR 2016
... There is no shortage of good news at listed company HUB24, which is forecast to almost double its funds under administration (FUA) within 12 months. The share price tells the story: From a 52-week low of just over a dollar, shares in the platform provider ...

OneVue partners with Sentry Group for adviser platform

ALEX BURKE  |  FRIDAY, 26 FEB 2016
... costs over the period. At the same time, total fund services funds under administration grew by 16% to $413 billion. Retail FUA hit $3.2 billion

ClearView FUA hits $8bn

ALEX BURKE  |  WEDNESDAY, 24 FEB 2016
ClearView has announced its 2016 interim results, which show funds under advice have risen 9% to $8.1 billion. Operating net profit after tax for ClearView's advice business was down 63% on 1H15, which ClearView attributed to a "reallocation of part ...

Adviser roadshow shines light on modern-day advice

MICHELLE BALTAZAR  |  THURSDAY, 18 FEB 2016
... Australia as at September 2015, up 5.7% from the previous year, according to Rainmaker research. The average funds under advice (FUA) per adviser also rose to $34.4 million over the same period. The AFA Genxt roadshow is a series of events held nationally ...