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Showing 491 - 500 of 1226 results for "FUM"

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... of their members, that's also often interpreted as growing the size of the fund as much as possible and maintaining as much FUM as possible," O'Halloran says. Likewise, Graham says ultimately super funds probably don't want their members to withdraw ...

Raiz cuts costs, super increases

ALLY SELBY  |  TUESDAY, 28 APR 2020
... cash and term deposits, totalling $11.5 million as of the end of March. Raiz said COVID-19 spurred volatility had impacted FUM as well as the number of active customers, as members rush to cash out their investments. "Decisive steps have been taken to ...

COVID-19 ETP market winners, losers

ELIZABETH MCARTHUR  |  TUESDAY, 28 APR 2020
... followed by iShares Core S&P 500 and Vanguard MSCI Index International. iShares S&P ASX 200 was ranked last for flows with a FUM change of minus $494 million. The Morningstar International Shares Active ETF and iShares MSCI Taiwan products were ranked ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
... commenced on April 20. With more than $180 billion in funds under management, it represents less than 1% of AustralianSuper's FUM. Prior to opening, the ATO said it received 975,300 registrations of interest in the scheme.

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... create a system that achieves "mega scale" but this comes with diseconomies of scale and concentration of risk with massive FUM under the purview of a shrinking and smaller group of fiduciaries." When contacted by Financial Standard an APRA spokesperson ...

Challenger winds up boutique partnership

KANIKA SOOD  |  WEDNESDAY, 22 APR 2020
... superannuation funds seek liquidity to fund members switching to cash and withdrawing funds," Howes said. Fidante Partners FUM fell 11% to $56 billion, but received inflows into equities as superannuation funds and other institutional investors rebalanced. ...

Pendal reports $3.9bn in outflows, slips below $100 bn

KANIKA SOOD  |  TUESDAY, 14 APR 2020
... billion to investment-related factors (performance, market movements and distribution). It said the 15.2% dip in its total FUM is considerably better than market falls of global equity indices which fell between 21.4% and 24.9% over the period. March ...

Trading volumes surge in ETFs

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... all-time high of around $18 billion, shattering the previous monthly record of $7.2 billion recorded in February. ETF industry FUM fell by $6.8 billion to finish March at $57.2 billion, reflecting global market declines. "Despite the heightened market ...

Bigger balances, bigger blow: Elia

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2020
... of conclusions... We've got 570,000 members who have account balances of $10,000 or less and represent $1.2 billion in FUM," he said. "It's one of the lowest paid sectors in our economy so by virtue of that these members don't have a lot ...

Warakirri appoints exclusive manager for equities

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... strategies. It recently started to build its presence in the retail, family office and high-net-worth channels. All of its equities FUM that Northcape will take over is non-institutional. "We are excited to announce this partnership and importantly it ...