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Showing 661 - 670 of 1388 results for "Inflows"

MDA provider makes key hires

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... group. Having successfully completed its merger with Linear for the quarter ended 31 March 2018 MGP, saw combined group net inflows of $237.8 million. The combined funds under administration by MGP now sit at $12.83 billion.

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... provider and second-largest advice business in Australia. "Organic growth is a key part of our advice-led strategy. Advice inflows are particularly pleasing and show the benefits of operating multiple client value propositions supported by our open architecture ...

Cardena Private Wealth adds life insurance

KANIKA SOOD  |  WEDNESDAY, 18 APR 2018
... secured the partnership at a time when growth in the life insurance risk market is slowing down. In 2017, risk insurance inflows swelled just 2.6% over the previous year - a pace much slower than two decades ago, according to a Strategic Insight report ...

Increasing SG is not the answer: O'Dwyer

KARREN VERGARA  |  THURSDAY, 5 APR 2018
... to increase to 12% from 1 July 2025. O'Dwyer said bumping up the SG from 9.5% to 12% calculates to about $10 billion of inflows into the industry in 2025-26, and alluded that this money is not always spent wisely for the benefit of members. This leads ...

Aussie ETFs attracted $339 million in February: Betashares

KANIKA SOOD  |  WEDNESDAY, 21 MAR 2018
... has clarified February's $330 million FUM growth came from new money, rather than capital appreciation. February's ETF inflows were led by international equities which brought in two thirds ($219 million) of the inflows. Fixed income and Australian equities ...

TAL named top life insurer for 2017

DARREN SNYDER  |  FRIDAY, 16 MAR 2018
... Insight regional managing director Rael Solomon said: "Latest market share data shows overall life insurance risk market inflows up only 2.5% over the year. However, some life companies have shown far stronger growth than the market average." "The Life ...

SMSFs ceding ground to direct investors in the ETF market

ALEX BURKE  |  WEDNESDAY, 14 MAR 2018
... to Investment Trends and BetaShares research. The research found that while SMSF investors remain a key market for ETF inflows, their share of the total market declined from 38% to 33% in 2017. This is reflected by the decreasing proportion of respondents ...

Australian Ethical underlying profit dips despite membership surge

ALEX BURKE  |  FRIDAY, 23 FEB 2018
... membership over 1H18 contributed to group funds under management rising by 41% to $2.6 billion. Australian Ethical saw net inflows of $341 million over the period. Commenting on the membership boost, Australian Ethical managing director Phil Vernon said ...

IOOF boosts flagship platform

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2018
... Pursuit continues to maintain its strong position in the market." Last week, IOOF released its 1H18 results which showed inflows of $1.2 billion in the lead up to its acquisition of ANZ Wealth. The diversified wealth firm recorded 1H18 platform inflows ...

Costs fundamental to IOOF advice growth

DARREN SNYDER  |  FRIDAY, 16 FEB 2018
IOOF flagged cost management as crucial to the success of its financial advice-led strategy, one that recorded inflows of $1.2 billion in the first half of FY18 and is about to acquire ANZ Wealth. Releasing the company's 1H18 results this morning, Kelaher ...