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Showing 611 - 620 of 7219 results for "Record"

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
Netwealth has reported a record quarterly increase in funds under administration (FUA) of $7.4 billion bringing total FUA to $95.4 billion thanks to new inflows and positive market movements. Total funds under management (FUM) also rose an impressive ...

Ares buys GCP International in $5.5bn deal

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
Ares Management Corporation will acquire the international business of GLP Capital Partners and certain affiliates, boosting its assets under management (AUM) by $65 billion (US$44bn). The business, known as GCP International, is being bought for $5.5 ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
The amount of money held in managed accounts surpassed $205 billion in the first half of the year. According to the FUM Census of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... active funds outperformed the S&P SmallCap 600, while active equity funds in the Middle East built on their 2023 domestic record with another strong beat rate, with a similar figure outperforming the S&P Pan Arab Composite LargeMidCap Index. "Actively ...

Under the hood of a top global fundie

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... equity. All these strategies belong to an exclusive club of long-only active equity funds with at least a decade-long track record and outperformance against their respective benchmarks in every five-year rolling period since inception. Even more impressively ...

Partners Wealth Group appoints new head of distribution

ANDREW MCKEAN  |  THURSDAY, 3 OCT 2024
... team reflects its diligence to attract top talent. Partners Wealth managing director Mathew Cassidy said Tomkins' track record in the funds management industry, including his time at UBS, positioned him perfectly for the role. "His proactive approach ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Queensland Investment Corporation's (QIC) earnings topped a record $8.9 billion in the last financial year, buoyed by most investments outperforming their targets. QIC's assets under management also increased to $111.7 billion with the help ...

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... Value of Advice Index found almost all (94%) of advised clients trust their adviser to act in their best interest, a new record set in this year's survey. The same number lauded their adviser for helping them manage financial risks, particularly ...

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... initially launched as an unlisted fund in 2015, before listing on the ASX in 2022. "The Nanuk New World Fund has a strong track record over nearly a decade and is likely to be well suited to many client portfolios. Its differentiated portfolio seeks ...

GSFM welcomes new chair

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
... involved in a wide array of capital markets transactions for several leading corporations." Johanson has a proven track record sitting in boardrooms across the industry. He was previously the chair of Bendigo and Adelaide Bank for 12 years and has been ...