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Showing 21 - 30 of 1051 results for "FUM"

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... Platinum recorded net outflows of about $235 million to finish the year with $15.4 billion in total funds under management (FUM). Compared to December 2022, Platinum's FUM was 15% higher at $18.2 billion. A large portion of net outflows stemmed from ...

NAB, Jarden to launch NZ wealth business

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... total of 113 advisers, with NZ$29 billion of funds under administration (FUA) and NZ$15 billion of funds under management (FUM), which includes NZ$5 billion of KiwiSaver FUM. It will be led by Malcolm Jackson, the current chief executive of Jarden's ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
... under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' FUM is managed internally. However, NFPs command about ...

Coastal Advice Group expands reach

CHLOE WALKER  |  WEDNESDAY, 6 DEC 2023
... Upon completion, Coastal Advice will boast a team of 15 advisers and serve over 2000 clients, with funds under management (FUM) exceeding $1 billion. The firm said it plans to further expand through strategic hires, bringing the estimated team size to ...

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... Super had $142.8 million in assets under management at the end of June. Smartsave's Employer Super had $609.4 million in FUM. Superhero Super did not comment on how much the fund managed post-merger. On the changes, Superhero chief executive and ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... decision confidently and knowledgeably, it said. CSC has over 745,000 members and $63.3 billion in funds under management (FUM).

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... alternative investments - vaulting from 33rd to 12th spot among investment managers by a measure of funds under management (FUM), reaching $9.6 billion as of June 2023. Creber attributes the remarkable rise in rankings to the firm's investment performance ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
GQG Partners has posted a US$1.9 billion reduction in its fund under management (FUM) in October. The US-based boutique fund manager revealed in an ASX announcement that its FUM had fallen from US$105.8 billion as of September 30 to US$103.9 billion ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... serves Australian retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. Regal Partners will pay an initial $20 million in cash for the acquisition, with adjustments based on ...