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Showing 471 - 480 of 1226 results for "FUM"

Perpetual opens retail raise

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... Hanley's 21 strategies cover US, Europe and Far East global and emerging market equities and US fixed income. The total FUM is split as 60% US equities, 15% global equities and 20% fixed income. More than 80% its accounts are US-domiciled. Perpetual ...

Netwealth hits fund managers with new fee

KANIKA SOOD  |  FRIDAY, 31 JUL 2020
... commercial agreements but confirmed the new fee applied all across the board. "The fee is for administration. It is not based on FUM, it is the same for all managers and it seeks to recover the significant overhead that we incur processing rebates arrangements ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
IOOF has recorded an increase in funds under management, advice and administration of 3.4% to $202.3 billion while also increasing remediation provisions by $80 million. The wealth manager is expecting an underlying profit from continuing operations ...

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
... heritage. Also last year, Perpetual was reported to have considered Pzena Investment Management (then at US$38 billion in total FUM), which Adams denied to be actively chasing in an interview with Financial Standard. At the time, Adams said the business ...

Fund manager outflows spread into June quarter

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
... management at ASX-listed fund managers in the three months ending March, June quarter's market movements increased funds FUM by 3-8%, according to Macquarie. "With the sector having re-rated ~20% since the end of March, there is diminished absolute ...

Perpetual slashes fees

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... a week after Perpetual announced its fourth quarter update to shareholders, revealing the investment manager had seen its FUM lift 33% during the three months to June. This was largely due to the acquisition of US-based ESG investment firm Trillium and ...

ETP market winners revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
... billion. BlackRock is the second largest manager in ETPs with $15.3 billion. BetaShares is third with $10.9 billion in ETP FUM and State Street is fourth largest with over $6 billion. However, BetaShares remains the dominant player in the ESG ETP space ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... financial year, despite challenging market conditions bleeding $20 million from the investment manager. In the June quarter alone, FUM increased by 12.9%, up from $3.59 billion at the end of March. It comes despite a $40 million drawdown on the manager's ...

Netwealth booms amid pandemic

ALLY SELBY  |  FRIDAY, 10 JUL 2020
... alongside a positive market movement of $2.1 billion. Netwealth had $7.3 billion in funds under management at 30 June, with FUM net inflows for the quarter of $500 million, including inflows of $400 million into managed accounts. As of June 30, the platform ...

Balanced options in the red, but only just

ALLY SELBY  |  TUESDAY, 7 JUL 2020
... Invest's superannuation offering has seen strong returns, with a 45.4% lift in funds under management over the past 12 months. FUM for the offering has lifted as global markets rebounded - despite drawdowns from the government's early release ...