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

Search Results

Showing 631 - 640 of 1227 results for "FUM"

Super funds not future ready: Mercer

EMMA RAPAPORT  |  WEDNESDAY, 7 JUN 2017
... be the top driver of how funds will look in 2020, 71% expect organic growth tactics to be the largest source of member and FUM growth in the next five years, yet only 16% highlighted retention tactics as a strategic goal. Funds should look at the opportunities ...

ETP demand grows, fees stable

KARREN VERGARA  |  MONDAY, 5 JUN 2017
... product segments each with a delineated product offering and associated fee structure," it said. In the 12 months to March, ETP FUM rose 28% to $27 billion, with a marked shift to international equities and fixed interest asset classes. International ...

Manager lists after $3bn merger

ALEX BURKE  |  THURSDAY, 1 JUN 2017
... March, prior to the proposed merger announcement." Pillemer added: "Pengana is on a strong growth trajectory, having grown our FUM 28% in the last three and a half years. This is due to the strength of our investment teams, our excellent long term performance ...

Banks charging more for less in super

ALEX BURKE  |  MONDAY, 29 MAY 2017
... estimated 45% of super members, receive 42% of all superannuation fees. Retail funds, meanwhile, account for 29% of super FUM and 45% of members, and collect 50% of all super fees. "The high share of total superannuation industry fees being paid into ...

BTIM boosts FUM

KARREN VERGARA  |  THURSDAY, 11 MAY 2017
... strong demand for cash products, the company said. BTIM boasted strong long-term outperformance during the period; 84% of its FUM outperformed the benchmark over a three year period, while 95% delivered an outperformance over five years. Interestingly ...

Fiducian acquires $17m client book

ALEX BURKE  |  TUESDAY, 2 MAY 2017
Listed advice group Fiducian acquired a Melbourne client book worth $17 million in funds under advice. The client base, which will be serviced by existing salaried planners, was purchased for a total consideration of $700,000, funded by excess cash. ...

Coolabah Capital hires former Energy Super chair

ALEX BURKE  |  TUESDAY, 11 APR 2017
... from sophisticated financial advisers, family offices, corporate treasuries and super funds, which account for about 80% our FUM," Coolabah co-chief investment officer and co-founder Darren Harvey said. Co-founder Christopher Joye added: "We are unique ...

CFS knuckles down on managed accounts

JAMIE WILLIAMSON  |  MONDAY, 27 MAR 2017
... said. With Morgan Stanley predicting the managed accounts market to hit $60 billion by 2020, and IMAP's recent Managed Account FUM Survey estimating it to be worth $39.2 billion at present, CFS FirstWrap currently holds $6 billion across its managed ...

BTFG announces giant Panorama leap

DARREN SNYDER  |  THURSDAY, 23 MAR 2017
... Financial advice - 510 salaried advisers; 589 Magnitude and Securitor advisers Investments - $32 billion funds under management (FUM); $1bn in deposits, $2bn in margin lending Private wealth - $21 billion in deposits, $2bn in funds under administration ...

Managed accounts continue rapid surge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2017
... wraps in Australia. That is the key finding of the Institute of Managed Account Professionals' (IMAP) latest Managed Accounts FUM Census, with the data showing a growth of $8.3 billion in the six months to 31 December 2016. Now sitting at $39.2 billion ...