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Showing 451 - 460 of 1226 results for "FUM"

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
IOOF has announced the creation of a new executive role as it reports funds under management, advice and administration grew by $529 million in Q1 2021. IOOF chief executive Renato Mota has announced the appointment of a chief transformation officer ...

Magellan's largest client asked to review costs

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... thinks the risk to Magellan's revenue from the review is low. "After reading the letter we remain comfortable with MFG's FuM sourced from SJP with PrimeStone having little concern over SJP's business model (including the use of external active ...

Financial crime victims fume at Shipton, Crennan

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 OCT 2020
The Victims of Financial Fraud (VOFF) group have written to senators slamming ASIC chair James Shipton for ignoring their requests for help but finding "time to submerge his own head in the trough allegedly at taxpayer expense". VOFF secretary John ...

Elanor expands healthcare real estate fund

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... valued at over $161 million. Elanor said the acquisition continues its aim of reaching $2 billion in funds under management (FUM). The Woolloongabba Community Health Centre is located within a health precinct in Brisbane close to the Princess Alexandra ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
... Pendal had $92.4 billion in total funds under management at September end. About $19.8 billion of this is Aussie institutional FUM which Ashton will head, and about $7.3 billion is Aussie wholesale FUM, which North Ash previously headed before recent ...

Aussie asset managers fourth-fastest in global growth

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... came in 205, followed by QIC ($58 billion) at 235 and Challenger ($57 billion) at 237. Pinnacle's combined multi-affiliate FUM ($43 billion) put it at 265. Property manager Goodman Group was at 294. Six Australian managers were in the 300-400 largest ...

Perpetual talent departs

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... Revenue for the full year also dropped, down 5% to $489.2 million, reflective of a lower level of funds under management (FUM). The board still decided to pay shareholders a final dividend of 50 cents per share, resulting in a fully franked total dividend ...

Lifespan adds MDAs to BT Panorama

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... received $3.54 billion in total inflows in FY20. Managed discretionary account services (MDAs) take the lion's share of FUM with $35.28 billion followed by separately managed accounts (SMAs) at $28.06 billion. ASIC was expected to put out a consultation ...

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... from the December 2019 figure of $79.29 billion. Managed discretionary account services (MDAs) take the lion's share of FUM with $35.28 billion followed by separately managed accounts (SMAs) at $28.06 billion. Commenting on the market volatility ...

Managed funds recover FUM losses

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
... ended the 2019/20 financial year down 4.6% to $1.139 billion and $906 billion respectively. Retail managed funds increased FUM by 5.9% or $50.2 billion while wholesale funds grew by $50.4 billion over the quarter which made up for nearly half the losses ...