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

Search Results

Showing 11 - 20 of 20 results for "total FUA"

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... to the merger, Linear had $9 billion of FUA and its managed accounts business contributed about $2 billion. Overall, total FUA stood at $13.09 billion for the period, representing a 524% jump year-on-year. Chief executive David Heather said: "We continue ...

Netwealth doubles managed account FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... experienced a $2.7 billion increase in funds under administration for the first half. That 21% rise brings Netwealth's total FUA growth over the 2017 calendar year to $5.7 billion - an increase of 58%. The net profit after tax was recorded at $14.1 million ...

Managed accounts continue rapid surge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2017
... accounts in their various forms have become. They now amount to the equivalent of nearly 7% of the platforms and wraps total FUA of around $600 billion." The census surveyed 35 companies of varying size, including major platforms, banks and single location ...

Retail FUA growth drives HUB24 profit

KERRIE SYDEE  |  MONDAY, 29 AUG 2016
... by 94% to $3.31 billion in FY16, with the company recording a gross profit of $10.9 million, up 125%. HUB24 recorded total FUA of $3.78 billion at 30 June 2016, comprising retail FUA $3.31bn, new revenue streams for wholesale FUA of $313 million and ...

HUB24 FUA up 84pc

KERRIE SYDEE  |  TUESDAY, 31 MAY 2016
... the industry in Australia. Growth is spread across both the company's retail platform offering, accounting for 54% of total FUA, and across licensee white label products. Flows into the platform are being generated from an increasing range of active ...

New business drives record HUB24 inflows

MARK SMITH  |  MONDAY, 18 JAN 2016
... platforms for the second quarter of FY2016 were $403 million, up 78.3% on the previous corresponding period. The rise took total FUA to $2.37 billion at 31 December 2015. A strong first half resulted in a 68% increase in average monthly net inflows to ...

Instos demanding multi-asset alternative strategies

MARK SMITH  |  THURSDAY, 21 MAY 2015
... past 18 months came from global alternative managers with global alternatives now accounting for a third of Perpetual's total FUA within its responsible entity business compared to less than a quarter at the start of 2014. In the United States flows ...

Commonwealth Bank profits boosted by investment performance

MARK SMITH  |  WEDNESDAY, 14 MAY 2014
... follow in the fourth quarter. Commonwealth Bank benefitted from combined platform net flows of $1 billion, boosting total FUA to $249 billion.

Premium appoints former Aust Ethical sales head

MICHELLE BALTAZAR  |  MONDAY, 11 APR 2011
... in industry experience and manages at least $30 million in funds under advice (FUA). Founded 11 years ago, Premium's total FUA has grown to around $2.5 billion with planners across 23 offices along the eastern seaboard. "As a dealer group, we're not ...

ING's OneAnswer strides past $15b

HAMISH MADDEN  |  TUESDAY, 28 NOV 2006
... terms of funds under administration (FUA). In the most recent year to September FUA has grown by $3 billion, taking total FUA past $15 billion. ING said the growth was largely due to strong support for the ING OneAnswer and ANZ OneAnswer incarnations ...
PAGE:
2