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Showing 421 - 430 of 1226 results for "FUM"

Managed accounts FUM inch to $100bn

KARREN VERGARA  |  FRIDAY, 12 MAR 2021
... year on year). Potter said the significant increase in SMA assets reflect a one-off legal transition of a large platform's FUM from the "other services" category as it changed the legal structure under which it operated, as well as organic and market ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
... Leaders Balanced Fund had just under $1 billion in funds under management, as of December the fund reported $435 million in FUM. Mercy Super pulled its mandate from the fund on 15 February 2021, rolling member assets over to its MySuper Balanced option ...

Women don't own fair share of super

ELIZABETH MCARTHUR  |  TUESDAY, 9 MAR 2021
... the age groups respective funds under management. Women make up 53% of retirees yet own just 44% of retiree superannuation FUM. "Women own four in every $10 of Australia's superannuation wealth," Rainmaker executive director of research and compliance ...

BetaShares eyes expansion with new shareholder

KANIKA SOOD  |  MONDAY, 8 MAR 2021
... listing its ETFs in overseas stock markets. The 10-year-old BetaShares currently has 57 ETFs listed on the ASX and a total FUM of $16 billion. It has been the first mover in many listed funds such as its shorting ETFs BEAR and BBOZ that were traded heavily ...

Women-led super funds outperform

KARREN VERGARA  |  MONDAY, 8 MAR 2021
... retired women, being women aged over 65. Aware Super also has the most funds under management owned by women and the most FUM owned by retired women," Rainmaker research manager Pooja Antil said. Super funds with significant proportions of women leadership ...

Fidante strikes new partnership

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
... Fidante's Japanese ambitions. Fidante will do the same for Nomura AM in Australia. Fidante Partners ended 2020 with an average FUM of $71.8 billion, after picking about $5.8 billion in net inflows in the December half. Of the inflows $3.9 billion were ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... from 1143 members whose rollover requests were refused or only allowed in part. The fund also significantly increased its FUM from those and other members whose employers continued to make contributions on their behalf, and members who transferred from ...

Channel starts US business, taps Mellon chief

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... (parent of Mellon Investments) last month announced it would transition Mellon Investments' US $105.2 billion fixed income FUM to Insight Investments, equities and multi-asset to Newton Investment Management and liquidity management to Dreyfus Cash ...

ERS dents Raiz Super by $13m

KARREN VERGARA  |  WEDNESDAY, 24 FEB 2021
... platform generated most of the revenue of $4.7 million, growing nearly 20%. Raiz Invest chief executive George Lucas sees FUM growing to $1 billion by the end of this year. "The growth in Indonesia and Malaysia continues to exceed our expectations and ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... 2020 and the early release of super scheme. Operating costs also increased by 11%. "In addition to reaching $5 billion in FUM - an audacious goal we set ourselves five years ago - our funds have delivered exceptional investment performance for our customers," ...