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Showing 281 - 290 of 1387 results for "Inflows"

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Praemium has reported a $1.02 billion hit to its net inflows for the half year to December 31, down 53% from the same time last year. Praemium chief executive Anthony Wamsteker said: "Investor sentiment has been very subdued in the wake of three successive ...

Perpetual reports $1.2bn loss amid merger

CASSANDRA BALDINI  |  FRIDAY, 20 JAN 2023
... growth," he explained. Perpetual further reported its US based acquired fund manager Barrow Hanley produced $1.4 billion net inflows. International's AUM was $71.6 billion, up 4.5%, lifted by positive market movements and positive net flows into global ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
... 10.2%. Funds under management also increased $0.6 billion to $14.4 billion, despite negative market movement. It saw gross inflows of $4.1 billion for the December quarter, which were partially offset by larger than usual outflows in the high-net-worth ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... consistent with the market performance of other Australian listed asset managers. However, GQG's US$8 billion net inflows for the full year ended 31 December 2022 are an incredibly strong result, he said. GQG's shares have seen a decline since ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ...

ETF industry poised for growth: BetaShares

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
... values declined in 2022, a BetaShares Australian ETF review said. The Australian ETF industry had $13.5 billion of net inflows in 2022. In contrast, Australian managed funds had their worst year on record with -$26.8 billion net outflows. Further, ETFs ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
GQG Partners has reported strong net inflows in 2022; the asset manager expects to be a top-ranking active equity manager in Australia. GQG experienced net inflows of US$0.9 billion for the quarter and net inflows of US$8 billion for the full year ended ...

ETF sentiment continues to grow: BetaShares

CASSANDRA BALDINI  |  WEDNESDAY, 14 DEC 2022
... 12 months and 32% now use the investment vehicle as the core of their portfolio, compared with 4% in 2019. After strong inflows to ETFs offering exposure to international equities in previous years, more investors have reported owning Australian Equities ...

AustralianSuper shakes up executive team

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... past 12 months to 30 June 2022, the fund has continued to experience exceptional growth with 635,000 new members and net inflows of more than $25 billion. Over the coming decade, the fund is forecast to grow from its current $263 billion to closer to ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
... potential inflation-induced recessions. As a result, investors remain caution, which is cutting asset values and fund inflows worldwide," Good explained. "We have been judicious with our investment in growth areas while demonstrating strong cost management ...