Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 251 - 260 of 1226 results for "FUM"

Clime outlines growth focus, wins mandate

CHLOE WALKER  |  WEDNESDAY, 26 APR 2023
... increase in profits, Clime's IMAs dropped 2.3% from $526 million to $514 million, as well as its managed funds and mandates FUM falling 1.5% from $260 million to $256 million. A similar loss was experienced last year, as Clime's statutory net profit ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
... we remain very disciplined on institutional term annuity pricing," he said. Challenger's total funds under management (FUM) increased 3% during the quarter, totalling $96 billion. This growth was primarily driven by Fidante and positive market movements. ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... funds flows remained flat due to ongoing "caution around market volatility," Australian Ethical's funds under management (FUM) benefited from strong investment performance, gaining $290 million during the quarter. As of 31 March 2023, FUM reached $8.77 ...

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... to $1.1 billion, up from $905 million in December 2022. AGP did not specify how much Brookvine contributed to the overall FUM but attributed the increase in part to the acquisition, and improved performance from the WCM Investment Management strategies ...

Vanguard cuts fee on bond ETF

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... the total market increased from 10% to 12%, in comparison with the overall market which lost 3% of funds under management (FUM) over the same period. Within fixed interest ETPs, the highest FUM increase occurred in the investment-grade sector, with $1.3 ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
... billion to $6 billion over the month. On a positive note, however, it saw an increase of $0.6 billion in its global equities FUM, as well as a $0.2 billion rise in its infrastructure equities FUM. Still, at the end of last month, Morningstar downgraded ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... has ultimately led to redemptions. For many active managers, it equates to investors pulling out money, leading to a drop in FUM drops and profitability. During the bull market, some fund managers adopted a certain investment style, like growth and momentum ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... jeopardised members' best interests. It's understood that the fund had just 197 members and $7.6 million in funds under management (FUM) when it closed on 31 May 2022. After the closure of FairVine, promotors of three advised offers in the fund, which ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
In the six months to 31 December 2022, funds under management (FUM) in managed accounts increased to reach a new high of $144.5 billion, according to the latest data by the Institute of Managed Account Professionals (IMAP) and Milliman. This is up 9.8% ...

Aware Super to boost investment capabilities with new platform

ANDREW MCKEAN  |  THURSDAY, 16 MAR 2023
... come up with strategies that are more internationally focused." Aware Super forecasts half of its funds under management (FUM) will be internally managed in the next four years.

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

Videos

Brought to you by
MORE VIDEOS

Products

Financial Standard Guide To Series

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.
MORE INFO
Financial Standard Publisher's Forum

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.
MORE INFO
Financial Standard Product Showcases

Product Showcases

Putting the spotlight on investment products that matter.
MORE INFO

Expert Feed

Industry Events

MORE INDUSTRY EVENTS
JUL
9

Mid-year market update 

JUL
21

Advisers Big Day Out - Cairns 

JUL
23

Advisers Big Day Out - Sunshine Coast 

JUL
24

Advisers Big Day Out - Gold Coast 

JUL
28

Advisers Big Day Out - Hobart 

Featured Profile

MORE PROFILES
Brian Redican

Brian Redican

CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
READ MORE
The Financial Standard podcast
Tune in each week as we discuss the latest developments in Australia's wealth management industry.
Financial Standard podcast
Spotify
Apple Podcasts
Amazon Music
YouTube
Follow Financial Standard on Facebook
Follow Financial Standard on Twitter
Follow Financial Standard on LinkedIn
Follow Financial Standard on Instagram
Rainmaker Information Pty Ltd - ABN 86 095 610 996
part of ISS - Institutional Shareholder Services, © Copyright 2026, All Rights Reserved
MarketSage  -  MarketPulse  -  MarketPro  -  Media