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Showing 31 - 40 of 1057 results for "FUM"

Superhero Super swallows Smartsave, overhauls offerings

KARREN VERGARA  |  TUESDAY, 5 DEC 2023
... Super had $142.8 million in assets under management at the end of June. Smartsave's Employer Super had $609.4 million in FUM. Superhero Super did not comment on how much the fund managed post-merger. On the changes, Superhero chief executive and ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... decision confidently and knowledgeably, it said. CSC has over 745,000 members and $63.3 billion in funds under management (FUM).

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... alternative investments - vaulting from 33rd to 12th spot among investment managers by a measure of funds under management (FUM), reaching $9.6 billion as of June 2023. Creber attributes the remarkable rise in rankings to the firm's investment performance ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
GQG Partners has posted a US$1.9 billion reduction in its fund under management (FUM) in October. The US-based boutique fund manager revealed in an ASX announcement that its FUM had fallen from US$105.8 billion as of September 30 to US$103.9 billion ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... serves Australian retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. Regal Partners will pay an initial $20 million in cash for the acquisition, with adjustments based on ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... achieving Regal Partners' growth aspirations over the coming years." In its September 2023 update to the ASX, Regal Partners said FUM remained flat for the quarter, holding steady at $5.8 billion.

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
... is expected to close in December, at which time Future Group will comprise 383,000 members and more than $13.4 billion in FUM across Future Super, GuildSuper, and smartMonday which it acquired from Aon last year. Under the agreement, Guild Trustee Services ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported a decline in its FUM to $1.25 billion for the September 2023 quarter ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... and 6451 products. It said Australia's fund management industry boasts with $4.31 trillion in funds under management (FUM) as of September 2022 - an increase of 13% from June 2020. At the same time, however, the proportion of assets managed in Australia ...