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Showing 641 - 650 of 1388 results for "Inflows"

HUB24 lifts targets

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... was between 1% to 0.90% as of March 2018. At the same time, it has about 12% of the market share of the industry's net inflows as at March. "HUB24 continues to be the fastest growing platform in the market relative to its size," it said. Overall, the ...

Praemium revenues inching towards $50m mark

KANIKA SOOD  |  MONDAY, 13 AUG 2018
... 23%. Product commissions paid out for the year doubled to $4.6 million, taking the net revenue to $38.6 million. Strong inflows Praemium recorded $3 billion in gross inflows for the year - up 50% of the year. Australia brought in 73% of the year's inflows. ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... fund would likely face poorer retirement outcomes if they moved to a retail fund. Additionally, Silk confirmed greater inflows of new members into AustralianSuper ensured the strength of the fund as a whole. "It was the fund's view, the board's ...

Magellan funds record $331m profit

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... and institutional investors were keen on the funds throughout FY18, contributing $1.9 billion and $2.5 billion in net inflows. The funds management business generated $429 million in revenue (up 30%) and pre-tax profits of $331.4 (up 33%) in the financial ...

AMP wealth arm leaked $873 million in first half

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... and platform products, saw net outflows of $873 million in the first half of 2018. By comparison, it had recorded net inflows of more than $1 billion in first half of last year. AMP's North platform and some superannuation products were the only segments ...

CBA readies wealth demerger, records $9.2bn cash profit

DARREN SNYDER  |  WEDNESDAY, 8 AUG 2018
... Home Loans. CFSGAM recorded net outflows of more than $25 billion, while the CFS super and investments business saw net inflows of more than $2 billion. As at June 30, CFSGAM managed about $213 billion in assets; meanwhile CFS super and investments had ...

IOOF continues organic growth trajectory

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... different platforms and each of these have been performing very strongly during the period," he said. IOOF platforms saw net inflows of $1.6 billion over the year, with profits rising by 5% to $81 million. Cost reductions of $6.4 million and the launch ...

ETF industry swells to $39 billion, global equities dominate

KANIKA SOOD  |  MONDAY, 16 JUL 2018
... industry reaches $39 billion, according to latest insight from BetaShares. International equities attracted the highest net inflows of all asset classes at $1.4 billion - nearly two and half times Australian equities which raked in $567 million of net ...

Praemium FUA surpasses $8bn

KARREN VERGARA  |  FRIDAY, 13 JUL 2018
... 2018 quarter of key client wins. FUA shot up 35% compared to the prior corresponding period, with about $566 million of inflows coming in from Australian business. It most recently won Morgan Stanley Wealth Management's managed accounts business ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... more countries are reforming to increase competitiveness in the global markets, and they are less dependent on capital inflows for investment."