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Showing 231 - 240 of 1387 results for "Inflows"

Australian Ethical hits $9.2bn, focus turns to back-office

ANDREW MCKEAN  |  FRIDAY, 25 AUG 2023
... attributed to a higher average FUM after the SFT with Christian Super, solid investment performance, and ongoing positive net inflows. The company's second-half FY23 revenue was $44.5 million, a 22% rise compared to the first half. "We have continued ...

Diverger aims to increase profits via scalability

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
... services and a national footprint of about 4100 advice, accounting, and other firms, up 8%. It highlighted "substantial inflows" into CARE portfolios of $863 million despite market volatility, now managing $2.7 billion of investor assets. Diverger also ...

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... 1.8% growth, totalling $49.9 billion. "The growth in superannuation over the past year was driven by strong contribution inflows, reflecting higher employment growth, higher wage inflation and strong investment market returns," APRA said. The regulator ...

Australian Retirement Trust completes Woolworths, Endeavour merger

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... superannuation fund. The Woolworths and Endeavour merger comes during a strong growth period for ART; the fund expects total inflows surpassing $40 billion by the close of FY24. ART chief commercial officer Dave Woodall said that the latest merger signals ...

HUB24 profits surge 64%

CHLOE WALKER  |  TUESDAY, 22 AUG 2023
... HUB24, it said. While the number of active advisers using the HUB24 platform increased by 15% to 4011, the platform's net inflows were down 17% from the year prior. This, HUB24 said, was due to ongoing market volatility and uncertainty in the macroeconomic ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... Fund - both of which address areas of growing client demand," he said. "We are confident that by staying on this course, inflows will follow over time."

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
... June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The fund manager's net revenue increased by 6.5% to $237.1 million in H1 2023, predominantly ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... aiming to grow its footprint in the mass affluent and emerging affluent segments, driving new revenues and boosting net inflows. The wealth management company today reported a record funds under administration (FUA) of $70.3 billion in FY23, representing ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
... Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... Australian Ethical logged a positive net flow of $90 million. The investment manager saw $110 million in superannuation inflows, while experiencing a $20 million outflow from its managed funds product. During the same period, investment performance contributed ...