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Showing 31 - 40 of 687 results for "March 2015 quarter"

Outflows continue at IOOF

KANIKA SOOD  |  THURSDAY, 29 APR 2021
IOOF ended March quarter with $203.9 billion in funds under management and administration, after significant outflows from advice and pensions business. The March end FUM was $1.5 billion higher than the previous quarter, and primarily driven by a $5.4 ...

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
... the headline CPI continued to improve since the deflation of the June 2020 quarter (-0.4%) - the first since the March quarter of 1998 (-0.2%) - it remains below even the bottom end of the RBA's 2%-3% target band. In addition, and as the Australian ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
... Raiz's pre-acquisition superannuation assets sat at $92.5 million at March end, growing 14.6% in the quarter. In the March quarter, it also rolled out portfolios for the self-managed superannuation fund sector which has $730 billion in assets. Superestate's ...

Clime appoints new chief executive

KANIKA SOOD  |  MONDAY, 26 APR 2021
... $382,040 plus superannuation of $21,003), short-term incentives of $150,685 and options of $19.267. Clime ended the March quarter with $1 billion in funds under management (up $55 million from December quarter), including LIC, individually managed accounts ...

Perpetual AUM climbs, hires in UK

ANNABELLE DICKSON  |  FRIDAY, 23 APR 2021
... raft of appointments to its ESG investment manager Trillium Asset Management. International AUM grew 8% over the March quarter, inclusive of Trillium and Barrow Hanley to $71.6 billion and recorded net outflows of $892 million, which Perpetual noted ...

Inflows slow at AMP North

KANIKA SOOD  |  THURSDAY, 22 APR 2021
... adviser activity fell. North's cash inflows for first quarter were $3.6 billion, compared to $4 billion in 2020 March quarter. The platform ended March with $53.4 billion in platform assets, up $1.7 billion from the December quarter. "We continue ...

Challenger to change annuity pricing

KANIKA SOOD  |  TUESDAY, 20 APR 2021
... Challenger attributed to the Life business. Overall, Challenger funds management's 9% or $8.5 billion growth in the March quarter came from: Fidante inflows ($5.5 billion), Fidante market returns ($1.4 billion), CIP Asset Management inflows ($1.5 ...

HUB24 FUA up on acquisitions

ANNABELLE DICKSON  |  TUESDAY, 20 APR 2021
... The platform recorded 28 new licensee agreements with large boutiques and self-licensed practices throughout the March quarter. The acquisition of Ord Minnett's Portfolio, Administration and Reporting Services (PARS) contributed $9.3 billion in PARS ...

Netwealth FUA crosses $40 billion

KANIKA SOOD  |  FRIDAY, 16 APR 2021
... billion. However, net FUM inflows were also slower than previous corresponding period. Managed fund netflows for the March quarter were $32 million ($52 million in March quarter, $74 million in December 2020 quarter). Managed accounts net inflows were ...

Praemium FUA up, opens Edinburgh office

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... $37.9 billion as it expands its presence in the UK with the opening of an office in Edinburgh, Scotland. For the March quarter, Praemium recorded an 11% increase in FUA, and a 96% increase compared to March 2020. The Australian platform FUA increased ...