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Showing 21 - 30 of 115 results for "Total FUM"

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... previous chief executive David George in 2022 has been dumped, it'll be a hard slog for Rahmani; Magellan's total FUM came in at $35.8 billion, down some $17 billion over 12 months. In the first half of this financial year, it shaved about $4 ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total FUM growth of 42% since December 2022, and an increase in the proportion of FUM managed on behalf of institutional investors. ...

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 ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... non-platform products (4%) and 76 are platform products (25%). Further, on-platform products represented just 5% of the total FUM assessed, 50% of which is in failed products. However, there were less on-platform products assessed. Three quarters of ...

Magellan performance halves across the board

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... under management almost halved to $48.8 billion as outflows continued across the retail and institutional channels. Total FUM reached as high as $103.7 billion in June 2021. Retail FUM ended the period with $18.4 billion, down 17%. But it was the institutional ...

GQG Aussie inflows up, total FUM slumps

KARREN VERGARA  |  FRIDAY, 17 FEB 2023
GQG Partners reported positive inflows for its local business but saw profit and overall assets under management decline across the board. Total assets under management slumped 3.5% to US$88 billion ($128bn), according to full-year results ending December ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
... products." "In Funds Management, our diverse offering has allowed our business to largely withstand market conditions, with total FUM remaining stable over the half." In an ASX announcement, the company also said it's accelerating growth and diversifying ...

Generation Development Group inflows decline, FUM increases

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... Meanwhile, GDG's funds under management (FUM) saw a 10% increase from the previous quarter. The pooled development fund's total FUM was $2.4 billion, up $131 million over the quarter. Over a four-year period from December 2018 to December 2022, GDG's ...

Australian Ethical FUM dips ahead of merger

JAMIE WILLIAMSON  |  WEDNESDAY, 19 OCT 2022
... including a final institutional redemption, and provided an update on its merger with Christian Super. Australian Ethical's total FUM now sits at $6.18 billion, a drop of 0.4% from June end. Broken down, $1.81 billion of this is in managed funds and ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... under management, however the damage isn't nearly as bad as previous months saw. At the end of July, Magellan recorded total FUM of $60.2 billion, down from $61.3 billion the month prior. Magellan said it experienced net outflows of $2.5 billion, about ...