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| | | ... recently launched Spectrum offering have pushed Praemium's funds under administration (FUA) to $62.3 billion. Praemium's total FUA is up 17% year on year, its most recent quarterly update shows. About $30 billion of the total is held in the platform ... |
| | | | ... AI technologies. Launching on the ASX this month, AINF tracks the Mirae Asset AI Infrastructure Index with 30 holdings in total. AINF charges a management fee of 0.57% p.a. The index aims to track the performance of companies involved in supporting the ... |
| | | | ... was due to rebalancing and asset allocation requirements of the institution. This, combined with market volatility, saw a total decrease of $5 billion in the wealth manager's FUM, now coming in at $321.8 billion. This is spread across Wrap ($97.7bn) ... |
| | | | ... having served as the fund's administrator for more than 20 years. APRA data shows that, as at December end, the fund had total assets of $676 million. It has 1690 member accounts, about 720 of which are active. The median account balance is about ... |
| | | | ... on making North a preferred platform for advisers," George said. "Significant volatility in investment markets impacted total AUM, however, we are not allowing ourselves to be distracted by the market instability and we remain focused on delivering for ... |
| | | | ... management stood at $125.6 billion, down 4% for the quarter. The sales figures have, however, perceived positive results, with total life sales recording $1.4 billion supported by longer tenor annuity sales. Annuity sales increased by 20% to $1 billion ... |
| | | | ... the most highly disputed product among advised, non-advised and group insurance customers, APRA statistics show. In 2024, total DII disputes reached 1987 for advised customers, 366 for non-advised customers and a whopping 2896 for group super. TAL received ... |
| | | | Nearly $9 billion of investor money exited Perpetual in the March quarter, leaving its total assets under management (AUM) at $221.2 billion. The fund manager was hit hard by net outflows of $8.9 billion and negative currency movements of $0.9 billion ... |
| | | | The Reserve Bank of Australia (RBA) board has indicated it is open to the consideration of an interest rate cut in May, as US President Donald Trump's tariffs place risks on the global economy. The RBA board minutes from the April meeting acknowledged ... |
| | | | ... flagship Asia Pacific value-add (AVP) fund series strategies, which have completed close to $33 billion (US$21 billion) in total transactions since its inception, including the recent acquisition of 20 Bridge Street in the Sydney CBD. Fassbender joined ... |
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