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Showing 31 - 40 of 326 results for "FUA"

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... continuing basis, and decline of $7.1 billion (2.4%) after adjusting for FUMA divested. Insignia's funds under administration (FUA) was $201.3 billion. Despite a positive market movement of $7.6 billion, the overall FUA decreased by $0.2 billion ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... successive previous quarters of negative markets and high volatility." The company said total funds under administration (FUA) were $42.7 billion, up 6% from $40.5 billion in June. Its platform saw a 7% increase to $20.9 billion from $19.5 billion last ...

Netwealth reports FUA increase

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
Netwealth's funds under administration (FUA) increased by $4.3 billion in the December quarter, bringing the total to $62.4 billion. Netwealth said its FUA increased a total of $5.8 billion in the 12 months to December, representing a growth of 10.2%. ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... Standard, according to Rainmaker Information the managed account market reached $175 billion in funds under administration (FUA) in the year ending December 2021. Managed account platforms FUA has also increased by almost 50% p.a. in the last three years. ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
... large national licensees, brokers, boutique advice practices and self-licensed advisers. Platform funds under administration (FUA) were $55.8 billion as at 31 December 2022, up by $5.8 billion from the previous corresponding period. Meanwhile, the ASX200 ...

Managed accounts dominated by SMAs

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... managed accounts' (SMA) footprint in the managed account sector has risen dramatically in two years. SMAs funds under advice (FUA) in the past two years increased 151%. Meanwhile, managed discretionary accounts (MDAs) increased by 44% over the same period. ...

Perpetual takeover of Pendal progresses

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... as well as MFS and Laminar combining to win a large wealth management mandate. Perpetual Private total funds under advice (FUA) were $17.2 billion, down 1% in the quarter due to negative market movement but supported by continued positive net flows. ...

Netwealth FUA sits at $58bn

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Netwealth's funds under administration (FUA) increased by $2.5 billion in the September quarter, now coming in at $58.1 billion. FUA has increased a total of $6.1 billion in the 12 months to September 30, despite negative markets. Funds under management ...

Insignia Financial profits jump 59% to $234.5m

CASSANDRA BALDINI  |  THURSDAY, 25 AUG 2022
... funds under administration (FUMA) dropped almost 7%. It reported that FY22 FUM is $92.3 billion down from $97.7 billion and FUA FY22 sits at $205.2 billion from $221.0 billion last year. Insignia said the FUMA reduction is driven by a deteriorating market ...

HUB24 delivers record profit, growth

ANDREW MCKEAN  |  TUESDAY, 23 AUG 2022
... record platform net inflows of $11.7 billion, up 32% from the previous year. Correspondingly, total funds under administration (FUA) grew by 12% to $65.6 billion. HUB24 said its business footprint continued to evolve with the acquisition of Class Limited ...