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Showing 381 - 390 of 1226 results for "FUM"

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
... increase in net profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique partners' total FUM at June end was $89.4 billion, up 52% from FY20. The FUM has grown at a compounded annual growth rate of 24.1% over the ...

Only one quarter of ETP growth from performance

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
... with $428 million in flows. The iShares Core S&P ASX 200 ETF, which is Australia's fifth largest ETP and has $3.8 billion in FUM, had the worst outflows for the quarter at $690 million.

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The wealth manager recorded significant outflows in its financial advice business as advisers departed following its transformation strategy. Financial advice recorded $2.2 billion in outflows from 33 advisers departing from IOOF's self-employed advice ...

Pendal open to more acquisitions

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... ending March. It was a beneficiary of strong markets, good performance fees, and net inflows. The TSW acquisition increases its FUM by about 30% to over $132 billion. The company expects earnings per share to double in the first full year post-comple ...

Another cash ETF bites the dust

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... role to play in investor's portfolios, notably those under the affiliate brand eInvest." eInvest has $70 million in total FUM across its ETF products. Daintree's two other ETFs l aunched at the same time will continue to run. This includes the ...

NGS Super awards $150m small caps mandate

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... Kansas headquartered American Century Investments manages about US$238 billion globally, of which $2.5 billion is Australian FUM. It entered the Australian market in 2018, with Trinh and vice president of the institutional advisory group Michelle Kidd ...

Platform FUM grows

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... Plan For Life's latest analysis of wraps, platforms and master trusts revealed the leading market players all saw a rise in FUM. BT took out the top spot in terms of total FUM, jumping 19.8% to $169.6 billion. This was followed by AMP, up 9.7% to $140.5 ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
... billion increase in funds under management in the June quarter, after outflows of $0.7 billion. The fund manager's June end FUM stood at $106.7 billion, as higher markets and currency impact added $5 billion over the previous quarter. Net outflows ...

Alternatives, equities dominate mandates

KANIKA SOOD  |  WEDNESDAY, 14 JUL 2021
... three months ending March saw NFP funds dial up appointments of international fixed income managers, who took 46% of the total FUM. The funds that handed out the most mandates were: Aware Super, Australian Catholic Superannuation and Retirement Fund ...

Active managers lead new ETF issuers

ANNABELLE DICKSON  |  MONDAY, 12 JUL 2021
... the previous half-year period with monthly trades of around $7 billion to $8 billion on the ASX. BetaShares forecasts total FUM to reach $138 billion by the end of 2021.