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Showing 291 - 300 of 466 results for "AUM"

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... independent, specialised global investment managers with a combined $2.24 trillion (US$1.5 trillion) in assets under management (AUM) across one of the broadest ranges of high-quality investment teams in the industry, Franklin Templeton said. The all-cash ...

Robo-advice to be worth US$1.4 trillion

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... robo-advice sector amounted to US$240 billion globally, according to the Statista Robo-advisers Market Outlook. By 2019, the AUM value had jumped to $980.5 billion, according to Statista. LearnBonds.com predicts the number of users will reach 147 million ...

Link Group expands with Europe acquisition

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... longstanding customer relationships as well as a growing presence in the emerging markets of Spain, Greece and Cyprus." PES had total AUM of circa €40billion (AU$65 billion) and generated revenue of €92.9 million (AU$149.9 million) as at 31 December ...

DWS bolsters property portfolio

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
... for multi-asset tactical asset allocation advisory. The global asset manager has EUR752 billion in assets under management (AUM) as of 30 September 2019, with its retail arm controlling around EUR63.6 billion in AUM.

ASIC increases levy costs

ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
... indicative levies for superannuation trustees as a minimum of $18,000 plus $7.35 for every $1 million of assets under management (AUM) above the $250 million threshold. The actual levy is a minimum of $18,000 plus $8.83 for every $1 million AUM over ...

Janus Henderson shuts down Aussie fund

KANIKA SOOD  |  FRIDAY, 10 JAN 2020
... in fixed interest in Australia and managed about $40.5 billion in total at March end (including Kapstream's 12 billion AUM at the time). Finegan has since started a new boutique called Skerryvore in partnership with the UK business of Australian ...

Impact investing difficult to measure

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... report found: "Among active impact investors, three institutional investment managers with a collective $29 billion total AUM and $108 million in impact investments indicate they are limited to listed instruments. These investors indicate that if appropriate ...

CFSGAM picks new name, updates on CBA separation

KANIKA SOOD  |  MONDAY, 16 SEP 2019
... Three in Barangaroo. CFSGAM has $223 billion in assets under management across long-only, active strategies. About 56% of this AUM is managed on behalf of institutional clients and 44% is through wholesale. It employs 850 staff including 211 investment ...

UniSuper hires from Janus Henderson

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully grow and diversify AUM and to develop long-term growth prospects," a spokesperson said at the time. UniSuper has built up an in-house investing ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... initial advice fees and the cessation of ongoing service fees in February 2019. As a result of lower performance fees and AUM, CFSGAM's bottom line dipped 18% to $240 million. CBA also announced today it will shut down Financial Wisdom. It will additionally ...