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Showing 331 - 340 of 396 results for "FUA"

DKN Financial FUA falls 26pc

COMPANY RELEASE  |  MONDAY, 16 FEB 2009
DKN Financial Group's funds under advice (FUA) fell 26 per cent during 2008 but the group's chief executive remains adamant the business is in "good shape". DKN's preliminary results for the six months to the end of December last year found FUA dropped ...

New home for $58 billion

MICHELLE BALTAZAR  |  TUESDAY, 10 FEB 2009
A new breed of capital protected products could be the next home for the estimated $58 billion of funds under advice (FUA) built up when advisers rushed to cash products last year. New research released today titled Macquarie/Investment Trends Alternative ...

Mercer ups ante in corporate super

MICHELLE BALTAZAR  |  MONDAY, 19 JAN 2009
... trust division) is the largest corporate super in the country with 230,000 members and $10.4 billion in funds under advice (FUA) as at September 2008. It is followed by Plum Super with $8.4 billion and AMP Custom Super with $6.25 billion.

Snowball buys FP and super businesses

MICHAEL HOBBS  |  THURSDAY, 15 JAN 2009
... Money Mentors and an Adelaide based corporate superannuation business adding approximately $180 million in funds under advice (FUA) to the group. Money Mentors will operate under the group's Outlook Financial Solutions licence and add $80 million in ...

IOOF Pursuit to reach $1bn FUA milestone

MICHAEL HOBBS  |  THURSDAY, 27 NOV 2008
IOOF's flagship Pursuit Select product is to hit the $1 billion in funds under advice milestone as financial planning clients and investors pursue savings across multiple super accounts. But getting to the billion-dollar mark didn't come easy, said ...

Snowball FUA grows $700m

MICHAEL HOBBS  |  TUESDAY, 25 NOV 2008
Snowball Group's unwavering appetite for merger and acquisition activity remains consistent despite bad market conditions, adding $700 million in funds under advice in the past financial year alone. At yesterday's annual general meeting, Snowball managing ...

Macquarie takes market hit

RUTH LIEW  |  TUESDAY, 18 NOV 2008
... and other administration income was up 7 per cent to $73 million compared to the prior corresponding period. However, wrap FUA fell from $5.9 billion to $21 billion due to negative market returns offsetting platform inflows. The group expects market ...

Grove and Counterpoint seal $11bn merger

MICHELLE BALTAZAR  |  FRIDAY, 31 OCT 2008
... combined company hopes to expand its operations in New Zealand, the Middle East and Europe. Grove, which had $6 billion in FUA, and Counterpoint, which had $5 billion in FUA, will retain all staff. "We're not losing staff. In fact the reason why we merged ...

Australian Unity focuses on wellbeing

MICHELLE BALTAZAR  |  THURSDAY, 2 OCT 2008
... that posted lower FUM this year. In financial planning, revenues more than doubled to $4.9 million while funds under advice (FUA) rose 57 per cent to $471 million. The adviser network increased from 37 last year to more than 50 this year. Admittedly ...

Frontier's $97bn FUA in safe hands

MICHELLE BALTAZAR  |  TUESDAY, 2 SEP 2008
Investment consultants like to keep their performance numbers strictly for clients' eyes only but Frontier, which advises on $97 billion of superannuation assets, broke convention when it publicly revealed its results this year - the first time it's ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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