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Showing 261 - 270 of 1388 results for "Inflows"

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... million and contributed to net platform outflows of $453 million. The platform outflows were partially offset by strong inflows into the Workplace channel. Elsewhere, overall funds under management and administration increase by $6.2 billion to $291.3 ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... focus on driving the performance of our banking and wealth management businesses." In the platforms segment, net cash inflows totalled $152 million, a decrease from Q1 2022 inflows of $406 million. This decline resulted from lower internal inflows from ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... target guidance for FY24 remains unchanged at $80 to $89 billion. HUB24 also ranked first for quarterly and annual net inflows, and the fintech firm boasted a market share of 5.85% as at 31 December 2022, up from 4.9% in the previous corresponding period. ...

Love affair with managed accounts continues

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... interest obligations." She added that those have used managed accounts for four years or more have larger average client inflows and have larger average client FUA balances, when compared to the more recent users of managed accounts. "One could infer ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... not all investors are now locking up their funds in term deposits. Vanguard found that ETFs recorded $12.8 billion in inflows last year, with Aussie bond ETFs jumping 65% year on year with an injection of $2.8 billion. Whether a recession eventuates ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
... $131.65 billion, according to IMAP's six-monthly managed accounts FUM Census. The census also recorded over $10 billion of inflows for managed accounts, which IMAP chair Toby Potter said demonstrates the robustness of the market. "Inflows of over $10 ...

Rising interest rates tank life insurer performance

KARREN VERGARA  |  WEDNESDAY, 15 MAR 2023
... to $17.9 billion, its profits copped a beating from rising interest rates. Plan For Life's latest research shows that inflows rose by 3.4% in the year to September 2022. TAL continues to hold the lion's share of the market at 33% of nearly $6 billion ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
... 2022. The sample consisted of 94 international equities products, including unit trusts and ETPs. Of these, 111 had net inflows over the research period and 83 were in net outflows. The average time-weighted rate of return was similar across the three ...

Praemium sees record earnings jump

CHLOE WALKER  |  MONDAY, 27 FEB 2023
... (up 11%), and $21.8 billion in non-custodial holdings (up 4%). Despite the growth, it recorded a 53% decline in overall inflows of $1 billion in the period. Inflows for Praemium SMA were down 50%, while Powerwrap's declined 59%. Net platform inflows ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
... directors have determined a fully franked interim dividend of 14 cents per share (up 87% on 1H22). HUB24 had growth from net inflows across all customer segments, including large national licenses, brokers, boutique advice practices and self-licensed ...