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Showing 281 - 290 of 471 results for "AUM"

Franklin Templeton announces revised APAC team

ELIZA BAVIN  |  WEDNESDAY, 29 JUL 2020
... Legg Mason will establish Franklin Templeton as one of the world's largest independent asset managers, with a newly combined AUM that will be over USD$164 billion in the APAC region. "I would like to congratulate Vivek Kudva on his new role to lead the ...

Banks brace for major loan losses

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... significantly." The bank earned US$4.7 billion in net income in the quarter, despite building US$8.9 billion in credit reserves. It's AUM for its wealth management offering grew 15%, with US$124 billion in net inflows into liquidity and long-term products ...

J.P. Morgan launches ESG integration policy

RACHEL ALEMBAKIS  |  TUESDAY, 14 JUL 2020
... change and carbon transition. JPMAM has $1.7 trillion ESG integrated as of March 31, which is more than 90% of global client AUM, the firm said. JPMAM notes that the sustainable investing team is structured as three pillars. The Sustainable Investing ...

ESG continues to outperform: Research

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
... accordance with responsible investment principles now represent 44% of Australia's total $2.25 trillion assets under management (AUM) and 72% of New Zealand's total NZ$261.4 billion AUM," RIAA said. "The bulk of our financial institutions have made visible ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... partner in Mantis Funds. Euroz, which wanted to expand its funds management presence to the east coast (it had $220million in AUM in its Westoz Funds Management business at February end) with Prodigy, decided to stay away from multi-boutiques and focus ...

Centuria launches takeover bid

ALLY SELBY  |  MONDAY, 15 JUN 2020
... attractive premium to Augusta's recent trading price and key metrics," it said. If successful, the transaction will see Centuria's AUM increase to $8.9 billion. "An acquisition of the remaining interest in Augusta is consistent with our strategy and ...

Real estate assets hit $316bn

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... 4.7% from $301.8 billion in 2018. Goodman Group has retained its status as Australia's largest real estate fund manager by AUM, totalling $52 billion in 2019, according to the ANREV/INREV/NCREIF Fund Manager Survey 2020. Goodman far outpaced its next ...

Colonial First State closes global fund

ALLY SELBY  |  FRIDAY, 1 MAY 2020
... available to investors, with switches and redemptions from the fund suspended as of March 20. The fund had US$12.6 million in AUM as of March 31. CFS said applications received after 3pm on March 19 would not be processed in what it says is in the best ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... chief executive and managing director Richard Howes attributed the March sell off and superannuation activity. "The drop in AUM includes the effect of major market movements in the period as well as some redemptions in funds management as superannuation ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million in net income for the first quarter, down from US$1 billion last March quarter. Total inflows ...