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Showing 3451 - 3460 of 22782 results for "Funds"

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... subdued in the wake of three successive previous quarters of negative markets and high volatility." The company said total funds under administration (FUA) were $42.7 billion, up 6% from $40.5 billion in June. Its platform saw a 7% increase to $20.9 ...

HMC Capital adds director, institutional capital

ELIZABETH FRY  |  MONDAY, 23 JAN 2023
... and asset management executive Kate Hillyar has joined HMC Capital as it continues to grow its institutional alternative funds management business. Before joining the alternatives investment firm, Hillyar worked in London in similar roles at Abrdn and ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... said. It will also form an important platform for HSBC as it looks to increase its business with Australian superannuation funds across areas such as custody, FX, real assets, and asset management. According to the Australian Custodial Services Association ...

Australian Ethical flows driven by super

ANDREW MCKEAN  |  MONDAY, 23 JAN 2023
... said managed flows had been suppressed by cautious market sentiment related to market volatility. The investment manager's funds under management (FUM) was $8.37 billion at 31 December 2022; FUM was $6.18 billion the quarter prior. Australian Ethical ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... equities, infrastructure, domestic alternatives, fixed income and cash. Bloom has hit a key milestone reaching $1.6 million funds under management and has appointed former Future Super founder Adam Verwey as its executive director. He will lead Bloom's ...

Country head appointed at Fulcrum Asset Management

CHLOE WALKER  |  FRIDAY, 20 JAN 2023
... superannuation and government institutions for BNP Paribas Asset Management Australia, and as an associate director at Ambassador Funds Management Services (Ambassador). Ironbark began distributing Fulcrum's strategies to the wholesale and institutional ...

Treasury working on QAR, super tax concessions

CASSANDRA BALDINI  |  THURSDAY, 19 JAN 2023
... Dunnin explained only 1% of all super accounts hold more than $1 million. "However, this cohort own 11% of all superannuation funds under management, so they own a disproportionate share of the assets," he explained. Therefore, the proportion and number ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion. Netwealth said its FUA increased a total of $5.8 billion in the 12 months to December, representing a growth of 10.2%. ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... Standard, Abernethy said that despite market turbulence, GQG has performed exceptionally, with only a fractional drop in funds under management (FUM). The asset manager ended 2022 with nearly 96% of the FUM it began the year with - it had US$91.2 billion ...

We're doing a huge amount: Aware Super

CASSANDRA BALDINI  |  WEDNESDAY, 18 JAN 2023
... take actions that give them confidence, it's a whole digital transformation so stay tuned." The possibility of super funds providing more advice in the coming future might also mean professional year (PY) advisers are guaranteed more opportunities ...