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Showing 441 - 450 of 1226 results for "FUM"

Optimum Pensions partners with Generation Life

KANIKA SOOD  |  TUESDAY, 19 JAN 2021
... GDG reported $59 million in net inflows for the December quarter, and had $1.49 billion in total funds under management. The FUM for Lonsec's listed investment solutions division increased from $431 million to $1.3 billion between October 13 acquisition ...

Macquarie IM the nation's largest manager

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... in second despite experiencing a $10.3 billion outflow. Macquarie placed third, followed by AMP Capital. "Australia's total FUM market, including overseas sourced and sub-advisory, amounts to $4.3 trillion," the report read. Australian-sourced FUM reached ...

Future Super cuts fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
... crept over $1 billion this year, almost doubling since the middle of 2019 when the fund had approximately $450 million in FUM.

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... our partners to secure attractive earnings growth from our Property Investment portfolio, whilst also expanding the Group's FUM platform," Harrison said. "Combined with other recently announced acquisitions and pre-leased development projects across ...

Cashwerkz appoints chair for Fund Income

KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... calculation above 45 cents is met. The company has also agreed to an extra five million rights if Fortlake raises $1 billion in FUM with the hurdle of 75 cents for the allocation. Cashwerkz said the $300 million in assets was an "exceptional outcome" ...

ETF industry revenues revealed

KANIKA SOOD  |  TUESDAY, 15 DEC 2020
... of revenue from exchange traded products is particularly interesting. After all, businesses don't operate on how much FUM they have. Revenue is their lifeblood," Rainmaker head of investment research John Dyall said. "When revenue is growing it allows ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
... said the transaction will transform the business into the largest retail wealth manager in terms of funds under management (FUM) totaling $510 billion, the largest advice business with 1884 advisers and the second biggest super provide with funds under ...

Pinnacle boutique to shut fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... assets in the Two Trees strategy were down to $81.5 million. Two Trees accounted for 0.2% of Pinnacle's total affiliate FUM of $58.7 billion at June end. Pinnacle owns 44% of the boutique.

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... weren't for them, Pendal's NPAT would have stood at $146.8 million or 10% lower than last year. Pendal's average FUM was $94.8 billion (down 4%) and fee revenue was $474.8 million (down 3%). Base fee margin slid by 1 bp to 48 bps, which the ...

Retail super offerings in successor fund transfer

JAMIE WILLIAMSON  |  MONDAY, 2 NOV 2020
... funds under management, as at June end. Smartsave, which Diversa is also trustee for, currently has about $1.1 billion in FUM.