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Showing 601 - 610 of 7219 results for "Record"

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
... IDP as our partners in this region because of their expertise in the Australian institutional market, and proven track record in engaging with local asset owners and consultants," he said. Shannon Leake and Ken Bingham launched IDP four years ago. Its ...

GDG records highest quarterly FUM, inflows growth

MATTHEW WAI  |  MONDAY, 21 OCT 2024
Generation Development Group (GDG) has reported record growth in the September quarter with its funds under management (FUM) now nearing $3.6 billion on the back of major inflows. GDG's FUM is up 33% - close to $1 billion - on the prior corresponding ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
Australian Ethical has recorded a 24% growth in funds under management so far this financial year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... number of unemployed people, the strong rise in employment saw the participation rate rise by 0.1 percentage point to a record high of 67.2%. "Employment has risen by 3.1% in the past year, growing faster than the civilian population growth of 2.5%. ...

Consultant hires investment solution head

MATTHEW WAI  |  THURSDAY, 17 OCT 2024
... retain existing client relationships for the firm. He brings almost 20 years of experience to the fold. Vong has a track record in asset consulting and managed accounts; aside from his recent stint at Mason Stevens, Vong was stationed at Macquarie Group ...

Expand bolsters SMA offerings amid $10bn milestone

MATTHEW WAI  |  WEDNESDAY, 16 OCT 2024
... the platform hitting $10 billion in funds under management (FUM) across managed accounts at August end, supported by its record SMA inflows, Insignia said. The new model portfolios have been added to the Expand Extra offering and will complement existing ...

HUB24 share price, FUA skyrocket

KARREN VERGARA  |  TUESDAY, 15 OCT 2024
HUB24's funds under administration (FUA) hit $113 billion at the end of September while its share price jumped 400% in the last five years. Inflows and the current bull market continue to bolster the platforms business. It recorded net inflows of $4 ...

Household spending drops in September: CBA

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... impacted by the falling price of petrol, down approximately 15% in the past 12 months. Transport was the only category to record declines both monthly (-2.5%) and annually (-7.2%). On an annual basis, there was a significant slowdown in the pace of spending ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... reach $204 billion by end June 2024. As of September, the Australian ETFs industry's assets under management went to a new record high of $219.5 billion. The LIC sector, meanwhile, grew 6.2% during the year but fell by 1.7% during the quarter to $51 ...

ETF winners and losers in September

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... international equity index-tracking ETFs, helped to lift the Australian ETFs industry's assets under management to a new record high of $219.5 billion. It also pointed out that the value of ETFs industry has risen by more than $46.6 billion since the ...