Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 401 results for "FUA"

LGT Crestone, AUSIEX acquisitions finalised

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... and international fixed income products with the acquisition of FIIG. FIIG has more than $5 billion of funds under advice (FUA), providing direct access to bond markets, term deposits and other cash solutions. AUSIEX chief executive Patrick Salis said ...

OneVue, Spectrum drive Praemium to record FUA

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... OneVue and significant flows into the recently launched Spectrum offering have pushed Praemium's funds under administration (FUA) to $62.3 billion. Praemium's total FUA is up 17% year on year, its most recent quarterly update shows. About $30 billion ...

Nearly $9bn leaves Perpetual

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... reported at the end of 2024. On a brighter note, Perpetual's corporate trust business' total funds under administration (FUA) grew to $1.26 trillion, up 1.1% on the December quarter. The wealth management unit's total FUA was $21 billion ...

HUB24 sees record quarterly inflows of $4.9bn

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... to the large migration of $1.3 billion from Clearview WealthFoundations to HUB24 Super. Total funds under administration (FUA) reached $124.1 billion, up 24% on the prior corresponding period, including platform FUA of $102.5 billion. On the platform ...

Clients' evolving circumstances a 'key barrier' for advisers: Netwealth

MATTHEW WAI  |  THURSDAY, 10 APR 2025
... new record in its financial results. According to its March 2025 quarter update, Netwealth saw funds under administration (FUA) net flows of $3.5 billion to the March end of the quarter, an increase of 29% from the previous corresponding period. The ...

Adamantem Capital completes Mason Stevens acquisition

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... Stevens has been experiencing a "strong growth trajectory", currently managing about $8 billion in funds under administration (FUA), representing a 57% growth since the beginning of FY22. Mason Stevens chief executive Tim Yule announced the deal last ...

Managed account use at record high: Data

MATTHEW WAI  |  MONDAY, 17 MAR 2025
... "The research also found that advisers using managed accounts for longer periods reported higher funds under administration (FUA), suggesting that longer-term adopters benefit from more profitable businesses compared to newer users."

Praemium hunts for new chief financial officer

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... of $5.8 million, up 45% to the prior corresponding period. Funds under administration rose 29% to $62.1 billion. Platform FUA came in at $30.2 billion, including $4.2 billion from OneVue. "This is an outstanding continuation of the momentum built through ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
HUB24 expects its $121 billion in funds under administration (FUA) to surge even further as it takes on ClearView's superannuation and pension business, WealthFoundations. WealthFoundations will bring $1.3 billion in FUA via a successor fund transfer ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... aligned financial advisers. "We continue with the exercise of contacting non-fee-paying clients which are included in the FUA to disengage completely, or renew their relationship on a fee basis," Singh said. Meanwhile, the platforms business, which includes ...