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Showing 41 - 50 of 53 results for "FUMA"

Matrix merger to place ClearView among top 10 licensees

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... conditions) valued at 81 cents per share (based on ClearView's 90 day VWAP to 27 August 2014). The combined group will have FUMA of $6.9 billion and $148 million of premiums under advice. ClearView managing director Simon Swanson said: "It is ClearView's ...

Select chair to become OneVue deputy CEO

ALICE URIBE  |  THURSDAY, 28 AUG 2014
... funded from existing cash holdings As a result of the purchase OneVue's retail funds under management and administration (FUMA) will increase from $1,940 million to $2,609 million (excludes one asset consulting contract prior to the acquisition advised ...

IOOF reports record growth

STAFF WRITER  |  FRIDAY, 22 AUG 2014
Financial services company IOOF has reported double digit growth in its underlying net profit after tax (UNPAT), reporting a result of $123 million for the full year ending 30 June. UNPAT was up a record 13%, while net profit after tax (NPAT) was $101.3 ...

IOOF reports growth across the board

JAMES FERNYHOUGH  |  TUESDAY, 25 FEB 2014
IOOF has reported statutory net profit after tax of $48.3 million in its interim results, and will pay an interim fully franked dividend of 22.5 cents per share. The funds management, advice, superannuation and trustee services provider saw growth across ...

IOOF consolidates platforms

RUTH LIEW  |  WEDNESDAY, 24 NOV 2010
IOOF is going through another round of rationalisation within its platforms, systems and other services, following its acquisition of Skandia Australia and merger with AWM. Following the rationalisation, IOOF will make fewer system changes, have fewer ...

ClearView Wealth FUMA hits $3.1bn

ELISE BURGESS  |  WEDNESDAY, 25 AUG 2010
Former CommInsure chief executive Simon Swanson makes his first appearance as managing director of ClearView Wealth Limited today, announcing the group's strong set of results following a company restructure and new focus. As of June 2010, the ClearView ...

Snowball stays on track

ELISE BURGESS  |  TUESDAY, 24 AUG 2010
... clients." During the last twelve months, Snowball acquired Officium Capital, which contributed to the 19 per cent growth in FUMA. This growth was also affected by the company's own net inflows directed into primary platforms, net flows, retail net flows ...

AXA Asia Pac half year net profit up 187pc

MICHELLE BALTAZAR  |  WEDNESDAY, 5 AUG 2009
AXA Asia Pacific Holdings posted half-year net profit after income tax and non-recurring items of $270.4 million, nearly treble the $94.2 million recorded the same time last year - "strong results" underpinned by the group's revenue bias towards the ...

IOOF quadruples platform reach after Skandia buy

MICHELLE BALTAZAR  |  MONDAY, 2 MAR 2009
... Intech, a move that quadruples its slice of the sub-segment and adds more than $8 billion of funds under management and admin (FUMA) into its existing base. Rumours have been swirling for months about the possible divestment of the two businesses by ...

AWM posts $65m profit

MICHAEL HOBBS  |  THURSDAY, 28 AUG 2008
... a one year period to the end of June to $65.2 million. In addition, the firm recorded funds under management and advice (FUMA) of $34.5 billion and $25.9 billion in funds under supervision. The firm's wealth management business, Wealth Manager, restructured ...