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Showing 21 - 30 of 44 results for "FUMA"

Advisers flock to IOOF

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... provided to the ASX outlining the group's funds under management, administration, advice and supervision, IOOF placed its total FUMA at $120 billion as at the close of 2017. Funds under supervision totaled $34.6 billion. IOOF attributed $1.6 billion ...

Netwealth lists on ASX

JAMIE WILLIAMSON, MICHELLE BALTAZAR  |  MONDAY, 20 NOV 2017
... demonstrated track record of substantial profit growth which is forecast to increase by 24% in after-tax profit and 62% growth in FUMA in FY18. "It is forecast to generate an annualised dividend yield of 2.2%," he added.

Netwealth lodges prospectus for IPO

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... general priority and employee offers, as well as an institutional offer. The group's funds under management and administration (FUMA) reached $15.7 billion as at September 30. In connection with the offer, Netwealth will be restructured to superimpose ...

Netwealth and Zenith enter partnership

KARREN VERGARA  |  WEDNESDAY, 13 SEP 2017
... continues to support increasing adviser demand. It recently exceeded $15 billion in funds under management and administration (FUMA) following strong inflows and continued growth across non-institutional, private client and wealth management sectors. ...

Netwealth expands managed accounts offering

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2017
... financial year and this milestone marks an important and exciting time for our company. Over the past 12 months, we've seen our FUMA grow exponentially by more than $5.2 billion, underpinned by our strong offering and clear focus on delivering leading ...

Fiducian flags advice acquisitions in report

ALEX BURKE  |  FRIDAY, 18 AUG 2017
As part of its growth strategy, Fiducian highlighted the likely acquisitions of multiple advice businesses over the next 12 months in its annual report. In the 2017 financial year, Fiducian acquired a further $97 million in funds under advice, bringing ...

Netwealth celebrates managed accounts surge

JAMIE WILLIAMSON  |  WEDNESDAY, 28 JUN 2017
... contributed to an increase of annual flows for the current financial year of more than $5 billion (55%), with Netwealth's total FUMA standing at $14 billion. According to the platform provider, the growth reflects its emphasis on providing market leading ...

Fiducian acquires $17m client book

ALEX BURKE  |  TUESDAY, 2 MAY 2017
... month, Fiducian acquired another advice business in New South Wales for $1.15 million, adding a further $37 million to its FUMA. This followed on from Fiducian making $267 million worth of acquisitions throughout 2016, demonstrating what Singh described ...

Growth in super and investment FUMA stagnant

KERRIE SYDEE  |  THURSDAY, 8 SEP 2016
Funds under management and advice (FUMA) held in retail and wholesale managed funds increased by 0.2% to $1.117 trillion over the 12 months to June 2016, with retirement income the only segment experiencing strong growth. The DEXX&R Market Share Report ...

Fiducian reports solid funds under management growth

MARK SMITH  |  MONDAY, 22 FEB 2016
Fiducian Group has boosted its after tax net underlying profit as well its funds under management, advice and administration in the half year to December 2015. The listed financial services company saw its net underlying profit after tax rose 15% while ...