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Showing 481 - 490 of 1226 results for "FUM"

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... said this has now decreased to about $170 million. In contrast, Smartsave is home to just 6500 accounts and $185 million in FUM, having decreased by 10% since June 2014. Blood confirmed MAP will also be transferred into Smartsave later this year, adding ...

Raiz Super bleeds red

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... preemptively access their retirement savings. Over the last three months, funds under management have fallen nearly 4%, with total FUM now sitting at $66.43 million. In total, $6 million has been withdrawn from Raiz's super offering since the ERS kicked ...

Boutique to open Sydney office

KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... appointing NorthCape Capital - with whom it has a 15-year-long relationship - as the sole manager for about $375 million of retail FUM across its equities strategies.

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
... management fell 7.7% in the quarter, that the Selecting Super performance index fell 8.8%," Dunnin said. "Over 12 months, super FUM is down just 0.3%. But retail super is down 9.3% and SMSFs 4%. Yet, not-for-profits are up 6.2%." Despite fears super ...

Outsourced trading set to boom

ALLY SELBY  |  MONDAY, 25 MAY 2020
... keep up with rapid technological changes and access global liquidity sources. As super funds merge and reach a threshold of FUM, they will be faced with the decision of whether to internalise their investment management, according to State Street Global ...

Fidante adds to London office

KANIKA SOOD  |  FRIDAY, 15 MAY 2020
... for greater independence and alignment, in order to focus on what they do best - investing," Cubbin said. Fidante Partners FUM fell 11% to $56 billion according to its March quarter update. The business last February added London-based alternatives boutique ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... Super for Life and BT Super. BT general manager of superannuation Melinda Howes said with 810,000 members and $69 billion in FUM making Retirement Wrap the ninth biggest fund in the country the applications are not outside expectations. "BT has a diverse ...

ERS shaves $4m off Raiz Super

ALLY SELBY  |  TUESDAY, 5 MAY 2020
... Invest Super fell 6.7% over the past three months, however, it was up 0.3% in the month of April. Over the month of April, FUM in the investment platform's super offering lifted from $66.25 million to $66.43 million. Its total FUM lifted 8.9% during ...

Pendal appoints new head of HNW distribution

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... and $15.7 billion to investment-related factors (performance, market movements and distribution). Pendal declined to provide FUM for family office/HNW channel.

IOOF sees surge in FUM

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
... enough to offset losses in its other investment products. The addition of the P&I business brought $77.1 billion of addition FUM during the quarter. "Scale, economic diversity and business resilience are important contributors to the success of our business ...