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Showing 361 - 370 of 3993 results for "administration"

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
... on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional and retail wealth business were worse than ...

Queensland-based financial firm loses AFSL

MATTHEW WAI  |  FRIDAY, 25 OCT 2024
... had interest in. Meanwhile, Keystone Asset Management's Shield Master Fund is currently under receivership and administration by Jason Tracy and Lucica Palaghia of Deloitte. ASIC stated it intends to find out where more than $100 million worth of client ...

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 billion. Updating the market today, Insignia Financial ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... Afghanistan, Iraq, Syria, Libya, Yemen, Somalia, and Pakistan - outlets such as CNN and the LA Times report. "The [Obama] administration built secret drone bases and other facilities in Africa and the Middle East, and added troops and warships in the ...

Australian Ethical awards front office mandate

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... firm's front and middle office operations complements its recent move to State Street's back-office investment administration. "We see Charles River and State Street Alpha as a critical step in maturing our investment management platform end-to-end," ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... FY23 and anticipates publishing the FY24 data early next year. This data will include detailed categories like administration, advice, member services, marketing, trustee board remuneration, travel and entertainment, and other overheads. It will also ...

Praemium FUA up 33% to $60bn

ELIZA BAVIN  |  TUESDAY, 22 OCT 2024
Praemium has reported its funds and flows for the September quarter, with funds under administration growing 33% to $59.4 billion. In addition, quarterly net inflows came in at $139 million - this was a major improvement from the $414 million in outflows ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... the quarter, with Australian Ethical stating the superannuation net flows of $90 million were lower due to the administration transition to GROW in mid-September, which caused a mild disruption to its service delivery. It is anticipated to complete in ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... never reviewed or compared fees across funds. Most super funds apply multiple charges to account holders, including administration fees, investment fees, transaction fees, insurance premiums, activity fees and performance fees. However, only 1% of Australians ...

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
HUB24's funds under administration (FUA) hit $113 billion at the end of September while its share price jumped 400% in the last five years. Inflows and the current bull market continue to bolster the platforms business. It recorded net inflows of $4 ...